Today we're talking about rings + money! Do you know the gross salary rule for three months? There is an outdated wedding and engagement rule that is still in circulation stating that a man (or woman) should spend about three months of their salary when buying engagement rings.
We get it! Most people start engagement ring shopping with no real direction. In addition, they don't know how much they're likely to spend. Nevertheless, we have good news! Some of our favorite industry experts shared their thoughts on exposing this 3-month salary rule.
The main snack? It's not just about the number on the price tag!
Engagement ring insight from our experts
"There is no one-size-fits-all answer to how much you should spend on an engagement ring. It is different for each couple and everything depends on your comfort, wishes + personal finances. However, we have one piece of advice: you shouldn't incur massive debts for your ring! After all, the engagement is only the first step – now you have to plan (and pay for) a wedding. If you want a harmonious marriage (and who doesn't?), Don't drown yourself in debt.
Our best tip is not to concentrate on the price anymore, but to focus on the meaning. Of course, your ring is a symbol of your future together. but it should also reflect your values. For example, if it's important to you to be environmentally and / or socially conscious, look for a ring that uses conflict-free or laboratory-made diamonds, recycled metals, or Fairtrade gold. On websites like Etsy you can find inexpensive vintage finds. or consider alternative stones like opals, morganite or even moissanite! And when it comes to family, a tried and tested heirloom ring would be incredibly meaningful.
So forget about the outdated three-month salary rule and focus on the mood behind this gem. A ring that has been specially selected for your partner and represents their unique style, ethics and ideals is extremely valuable than what is on the price tag. "- Jenna Miller, creative director, Here comes the guide
Conflict-free diamonds
Oval Moissanite engagement ring
Oval Moissanite engagement ring – $ 588 via Etsy
Aquamarine engagement ring set in rose gold
Aquamarine engagement ring set in rose gold – $ 695 via Etsy
Natural diamond ring made of pear in rose cut
Rose Cut Pear Natural Diamond Engagement Ring – $ 758 via Etsy
Salt and pepper diamond engagement ring
Salt and pepper diamond engagement ring – $ 680 via Etsy
Oval Moissanite engagement ring
Oval Moissanite engagement ring – $ 300 via Etsy
Conflict-free, ethical pear ring
Conflict-free, ethical pear shape ring – $ 295 via Etsy
“There is a BIG myth that 3 monthly salaries should be spent on an engagement ring. If you can spend 3 monthly salaries on an engagement ring, that's great, but if you can't, don't worry. You don't break rules! When buying an engagement ring, it is best to use it with budget in mind. A budget that works for you! It's never a good idea to break the bank by buying a diamond that you can't really afford. Some couples have a budget in common – others don't … there is no "right way". It's more about what's financially right for you and your relationship. Buying an engagement ring should be exciting and not stressful. Work with a jeweler who trains you, respects your budget, and understands your needs. "- Kaeleigh Testwuide, President, The diamond reserve
Vintage engagement rings
Vintage rose gold engagement ring
Vintage rose gold engagement ring – $ 610.40 via Etsy
Vintage Morganite engagement ring set in rose gold
Vintage Morganite Engagement Ring Set in Rose Gold – $ 970 via Etsy
Vintage Halo Rose Gold engagement ring
Vintage Halo Rose Gold engagement ring – $ 595 via Etsy
Vintage black rutile quartz engagement ring
Vintage black rutile quartz engagement ring
Vintage Black Rutulated Quartz engagement ring – $ 431 via Etsy
Vintage opal art deco engagement ring
Vintage Opal Art Deco engagement ring – $ 588.89 via Etsy
“There is no finite number of how much to spend on a ring, but here are some variables to consider when buying a ring. Here are some things to consider: 1.) The buyer's salary 2.) The location – ring prices vary from city to city, from state to state 3.) The design – the more complicated, the more expensive the ring is 4.) Finally what she will like! ”- – Fine custom jewelry
We love breaking tradition + following our hearts! Enjoy shopping for engagement rings based on how you feel best. But in the end think about what is most important for you + your partner. And if you need even more bling inspo, we'll put together a list of Instagram accounts you can follow!
