How much should I spend on an engagement ring?
What is the cost of true love?
People have long been telling themselves that they should spend a certain amount of their yearly salary on a ring. Why is that? Do any of us know?
Here are a few attitudes you'll find due to our society and the pressure it puts upon us.
1. Hey, everyone else is spending at least 5k, I guess I have to as well.
2. My friends and family say it has to be really nice. What's really nice?
3. The cheapest ring on Blue Nile is 10k which works for me.
4. My wife is special and she only deserves the best. Canary Diamonds?
5. I know my wife likes Tiffany's jewelry so that should work.
After growing up in a culture that teaches us money means power and happiness it's understandable that everyone feels pressured. Plus, if everyone else is doing it why shouldn't I? No one wants to be the outcast, right? So, like many of our friends, we walk into a jewelry store and spend a lot more than we want to.
Please don't misconstrue what I'm saying as, "Be cheap, don't spend the money." Hey, if you have the money and want to spend it then I'm all for it. (Shoot, I did.) I guess my hope is that your intentions are right and well-founded. Don't let society and the media, bully you.
I once went into a jewelry store (I won't mention which one) and asked them, "So, how much should I spend on an engagement ring?" Their honest response, "General rule of thumb is 3 months pay." Ouch! I starting thinking to myself that 3 months pay for some people is a lot of money.
My goal in life is to provide for my family and make them happy. Since I was a kid I've dreamt about giving my wife everything should could ever want. Happiness, a nice home, beautiful kids, support, a great car and of course a lovely ring! If buying my wife a 3 carat diamond is what I want to do then so be it. Don't worry about the numbers, or society's "norms". Just do what your heart tells you!
Seriously, since when did putting a monetary value on an item determine a person's worth? Love, live & prosper.
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