Jump to content

How much did you spend on engagement ring?


  • Please log in to reply
237 replies to this topic

#1 Thestral

Posted 05 May 2012 - 05:39 PM

Just curious for a current and local tidbit of information regarding how much couples are spending on engagement rings... my SO and I have been discussing engagement etc and the thought of how much he/we have to spend on a ring has been plaguing my mind as we are also buying our first home... it seems that most couples I know tend to spend more than $10k! Whereas I was thinking a couple of thousand...

Thoughts? Opinions? Thanks!

#2 Nanns

Posted 05 May 2012 - 05:44 PM

Whatever you feel comfortable spending.

I think the ads say around 3 months salary?

#3 PatG

Posted 05 May 2012 - 05:44 PM

around $1500

#4 a letter to Elise.

Posted 05 May 2012 - 05:44 PM

Can't remember exactly, but I think it was about 10k. We had each already purchased houses though. If we were starting from scratch, there is no way I would have spent so much. I'd rather a house then a ring!

#5 skylark

Posted 05 May 2012 - 05:45 PM

I reckon you just pay what you can afford comfortably (ie no debt, no forgoing necessities), if a ring is something that's important to you. FWIW mine cost way under a thousand, I didn't really care about having a big diamond or any of that, and once we were married I stopped wearing the engagement ring because the wedding ring was the one with real meaning to me.  It's very personal I think, and honestly not something that should depend on what anyone else has/does.

#6 PixieVee

Posted 05 May 2012 - 05:45 PM

The ring I told my partner to get me is about $800 for the engagement and wedder set. I know that's not the usual, but I would feel terrible aking him to spend so much on jewellery when he is not very well paid.

PS. I completly LOVE the set, thankfully I am quite well versed in jewellery (even before I was working at a jewellery store) and was able to find something for a great price that I think it so beautiful.

PPS. Last night I had a dream that my boyfriend proposed with a hideous ring that had a faux pearl on it that melted when I took something out of the microwave  biggrin.gif

Edited by PixieVee, 05 May 2012 - 05:51 PM.


#7 ScarfaceClaw

Posted 05 May 2012 - 05:47 PM

I worked in jewelry retail about 10 yrs ago, and then the 'rule' or guideline was approx 3 months salary as the ball park figure.

We spent about $5000 on mine, and we bought it together, so we put 50/50 in.

It is a really personal decision. I spent a lot more then some of my friends, and a lot less then others. I've never found another ring I liked better, and it's exactly what I wanted, so it was worth it for us.
Don't be swayed by what other people do or say, you have to live with the ring, both on your finger, and out of your finances!


#8 Onyx

Posted 05 May 2012 - 05:47 PM

Spend whatever you can afford.
Mine was $5000 I think. I don't remember.

#9 bikingbubs

Posted 05 May 2012 - 05:47 PM

Mine was just under $4k.  It was what we were happy to pay at the time and I got the exact ring I had always wanted original.gif
I think just buying one within your budget is the most important thing, not what everyone else is doing!


#10 GamerMum

Posted 05 May 2012 - 05:49 PM

My original ring cost $200. I lost that one after about 12 months and my replacement cost $500, but we got it for $300. No diamonds, just silver and opals.
Anything more expensive and I'd be too paranoid to wear it! I've already had the opals in this one replaced once because they all smashed. Luckily replacements are free from the place we got it.

Friends of ours just paid $30,000 on an engagement ring. Seriously insane in my opinion, but each to their own.

#11 crayons

Posted 05 May 2012 - 05:49 PM

We spent about $5k on my engagement ring, but that was as DINKS and with the knowledge that we were not having an extravagant wedding (we eloped so total wedding spending was only another $5k). I love my ring but wouldn't spend that amount of money on any single piece of jewelry any more.

#12 TopsyTurvy

Posted 05 May 2012 - 05:50 PM

2k


#13 Thestral

Posted 05 May 2012 - 05:51 PM

QUOTE (Matthias' mum @ 05/05/2012, 05:44 PM) <{POST_SNAPBACK}>
Can't remember exactly, but I think it was about 10k. We had each already purchased houses though. If we were starting from scratch, there is no way I would have spent so much. I'd rather a house then a ring!


Haha my thoughts exactly! Personally, I'd rather put the money towards our house than the ring... but then on the other hand I think that I'll be wearing the ring for the rest of my life so I want something that I like and that will last...

QUOTE (junebuggy11 @ 05/05/2012, 05:47 PM) <{POST_SNAPBACK}>
I worked in jewelry retail about 10 yrs ago, and then the 'rule' or guideline was approx 3 months salary as the ball park figure.

We spent about $5000 on mine, and we bought it together, so we put 50/50 in.

It is a really personal decision. I spent a lot more then some of my friends, and a lot less then others. I've never found another ring I liked better, and it's exactly what I wanted, so it was worth it for us.
Don't be swayed by what other people do or say, you have to live with the ring, both on your finger, and out of your finances!


Thanks for your reply original.gif Personally I'm going to try not to go for the 3 month salary 'rule' as I think that was just made up by diamond sellers to get people to spend big bucks... plus 3 months salary is a lot when you've just bought your first home and have mortgage repayments etc! But yes I agree - I shouldn't be swayed by what other people say this is exactly right. Thanks!

Just curious as to what people think. Any more thoughts/opinions would be great!


#14 jayskette

Posted 05 May 2012 - 05:55 PM

we didnt have engagement rings - cost factor and also dont like the feel of jewellery in general, but for the wedding ring we made it ourselves for $3500.

#15 canuckmel

Posted 05 May 2012 - 06:06 PM

Mine is worth about $35,000 but DH only paid $7000 for it as his best friend in the former Yugoslavia owned a jewelry store at a time when the country was involved in a war so they were selling things for much less than they were truly worth.

I don't like to wear it as I am paranoid having something worth so much on my finger.

#16 BreezaH

Posted 05 May 2012 - 06:07 PM

Mine was about $3k all up for engagement and wedding.

3 months salary is about $20k for my husband and I cannot imagine a ring that would cost that, nor would I want to. I'd be too frightened to wear it.

#17 **Xena**

Posted 05 May 2012 - 06:07 PM

I spent $200 on the gold band that I used to propose to my husband.

My husband then bought me an 'engagement' ring as a suprise before our wedding and it was about $1500 on special.

#18 ResultsNotTypical

Posted 05 May 2012 - 06:11 PM

QUOTE (skylark @ 05/05/2012, 05:45 PM) <{POST_SNAPBACK}>
I reckon you just pay what you can afford comfortably (ie no debt, no forgoing necessities), if a ring is something that's important to you. FWIW mine cost way under a thousand, I didn't really care about having a big diamond or any of that, and once we were married I stopped wearing the engagement ring because the wedding ring was the one with real meaning to me.  It's very personal I think, and honestly not something that should depend on what anyone else has/does.


I agree with this.

I don't even know what mine cost. DH knew my general likes and dislikes and went shopping for it by himself. I am pretty sure it's under $1000, and it's perfect

#19 A.K.A

Posted 05 May 2012 - 06:13 PM

$0. I already owned it.


My actual wedding ring cost $50.

Edited by A.K.A, 05 May 2012 - 06:14 PM.


#20 strawberrycakes

Posted 05 May 2012 - 06:15 PM

My engagement ring & wedding band combined cost around $2000.  I would love a 'upgrade' but it is simply a luxury we can not & will not be able to afford for a very long time.  I love my rings anyway because they are from DH original.gif

#21 canuckmel

Posted 05 May 2012 - 06:15 PM

QUOTE (sparklyredfish @ 05/05/2012, 05:49 PM) <{POST_SNAPBACK}>
We spent about $5k on my engagement ring, but that was as DINKS and with the knowledge that we were not having an extravagant wedding (we eloped so total wedding spending was only another $5k). I love my ring but wouldn't spend that amount of money on any single piece of jewelry any more.


Sounds like us. DH paid about $7000 in our DINK days. At the time we could comfortably afford it, but I'd never spend that much on a piece of Jewelry now....

#22 follies

Posted 05 May 2012 - 06:22 PM

Mine cost around $4k. However, my ring is a 1920's antique which will only go up in value over time.

With the resale value of a modern $20K ring you would be lucky to get 10%. There is a big actual value and insurance value of mass produced modern rings, they are like cars with the price dropping when you drive out of the show room.

#23 daisyfromavon

Posted 05 May 2012 - 06:22 PM

My ex paid $2400 for mine,he picked it with me there,I've never seen any I like better,it's in a box on a bookshelf sad.gif
I think it has to be nice enough you'll love it forever (hopefully) cos you always look at it.We were renting at the time & had an $8000 wedding.
DP & I want a house so wouldn't spend anything on a ring yet,but wouldn't spend more than 3-4K.

#24 Fyn Angelot

Posted 05 May 2012 - 06:23 PM

I had interlocking engagement and wedding rings made.  I supplied the diamonds - a gift from my mother - so paid $1500 for the gold and workmanship (they're largish rings, so a lot of gold, and the work was fiddly for the design I wanted).  That was about eight years ago, the gold would be worth more now, I think.

I agree that you need to be able to live with what you spend.  I'd also add, though, that you wear these every day, possibly for the rest of your life.  It's worth taking the time to make sure you get something you like.  One thing I suggest is looking at stones other than diamonds; you might find a coloured precious stone you love as much or more than a diamond, and it might cost you significantly less.

#25 HeroOfCanton

Posted 05 May 2012 - 06:27 PM

$1,100, reduced from nearly $2000.
I was so nervous wearing it the first few days in case I shook it off my hand or something!

I can't imagine wearing anything worth more than that - I'd be so paranoid!




1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users

 

RPA hospital contacting mums after discovering vaccine storage fault

Sydney's Royal Prince Alfred Hospital (RPA) is trying to contact women who had babies at the facility after discovering a fault in a refrigerator containing vaccines.

'Nutella' not a baby name, French court says

A French court has blocked parents from naming their baby girl after the hazelnut spread Nutella, arguing it would make her the target of mockery.

Why I'm never calling myself 'just a mum' again

I’ve grown three human beings. I feed them, dress them, teach them, care for them and love them 24 hours a day. Yet for eight years, when I meet new people and they’ve asked me what I do, I tell them: “I’m just a mum”.

Rosie Batty named 2015 Australian of the Year

One year ago, Rosie Batty could not have imagined she'd be where she is. Tonight the grieving mum who put domestic violence on the national agenda was named Australian of the Year.

Five reasons to hug more

Hugging – some of us thrive on it, even depend on it – and then there are those who don't care for it really. So, are they missing out?

Help - my three-year-old has started throwing tantrums

My daughter never went through the "terrible twos" but began throwing wild tantrums shortly after her third birthday.

That's commitment

First peek at Sonia Kruger's daughter Maggie

"She smells so good, I could eat her," Kruger tells co-host David Campbell.

Mum assists in own caesarean surgery

A mum who partly delivered her own twins during a caesarean has encouraged other women to take control of their birthing experience.

How to handle common childhood regressions

Regression can be a natural and common part of development prompted by a variety of factors, but that doesn't make it less frustrating.

Disgruntled dad's pram ad goes viral

When buying a second hand pram, there are lots of things to take into consideration. 

Man discovers he's a dad after finding 55-year-old letter

Discovering you are about to father a baby is startling enough - never mind finding out you have a 61-year-old son.

15 thoughts mums have during a tantrum

Ranging from mild to feral and triggered by events both minor and major, tantrums certainly keep life interesting.

Natural pain relief in the early stages of labour

While managing labour pains on your own can be daunting, there are a number of natural pain relief options to help you cope until you are admitted to hospital.

Forgotten Baby Syndrome claims the life of toddler

One baby dies every eight days in the back of a car in the US, victims of 'forgotten baby syndrome'.

For a brief time, I was touched by an angel

For a brief time, I was touched by an angel. You stole my heart, and changed me into the women I am today.

Chrissie Swan has reached her "sex quota"

Chrissie Swan says she and her partner have sex once a year due to her fear of falling pregnant.

Chinese woman gives birth to quintuplets

After six years of trying for a baby, a couple’s dreams have come true many times over after the mum gave birth to quintuplets this week.

Five-year-old shoots nine-month-old brother dead

A nine-month-old baby boy died on Monday after he was shot in the head by his five-year-old brother in their grandfather's home.

'Is that baby yours?'

She is my daughter. I gave birth to her. I nurse her. But she doesn't have any of my genes.

Episiotomy in childbirth: not just 'a little snip'

Episiotomies have a place in maternity care – and can occasionally save lives – but should not be performed routinely.

Win an Octonauts prize pack

To celebrate the launch of Octonauts Live! Operation Reef Shield, a spectacular underwater adventure live on stage, we are giving away an amazing Octonauts prize pack to one lucky fan.

Download now: Essential Kids Activity Finder app

Got bored kids? Quickly find the best activities for kids wherever you are in Australia with the Essential Kids app.

 
Advertisement
 
Advertisement
 
 
 

What's hot on EB

Stars help save choking babies

It's an important lesson to learn, but one that busy new mums and dads might overlook until it's too late.

New Girl star Zooey Deschanel pregnant

Actress Zooey Deschanel is expecting her first child with her producer boyfriend Jacob Pechenik.

16 times 'dad reflexes' saved the day

Of course, in some cases they may be the ones who actually got their child into a precarious position in the first place, but we'll ignore that for now.

Couple's 'non-traditional' pregnancy announcement goes viral

Knowing you are not the father of your pregnant wife's baby would usually indicate a rocky relationship ahead for traditional parents.

The trials and tribulations of identical triplet newborns

Pip Donnelly is still playing spot the difference with her newborn identical triplets, Isabelle, Georgina and Frankie.

Win an Octonauts prize pack

To celebrate the launch of Octonauts Live! Operation Reef Shield, a spectacular underwater adventure live on stage, we are giving away an amazing Octonauts prize pack to one lucky fan.

Earthquake baby thriving five years on

Jenny Alexis is lucky to be alive after spending four days buried in the rubble of the 2010 Haitian earthquake, but now she's a thriving five year old.

Please don't say I'm lucky because I was adopted

On the one hand I was having a regular life with friends and sports and sleepovers and school. But I was also always wondering: Did my mother love me? What was wrong with me?

An open letter to non-parents who offer advice on child-rearing

Kitty, when you’re the parent of my child you’re welcome to wade in with an opinion – but until then, I’d prefer you to have a supportive ear and a glass of wine ready.

Couple arrested over baby gun video

A US couple faces charges after investigators say they found mobile phone videos showing the woman's 12-month-old daughter putting a handgun in her mouth.

NSW Health dumps 10-year limit on frozen embryos

A 10-year time limit on storing frozen embryos that were created with donor sperm has been dropped by the NSW government.

How my happy-go-lucky husband became a monster

Sharan Nicholson-Rogers watched her husband change from a happy-go-lucky police officer into an unpredictable man prone to violent and emotional outbursts.

Dads-to-be experience hormonal changes, too

Dads-to-be experience hormonal changes in line with their pregnant partners, a new study shows.

'They were just doing their job': mum of toddler killed in police chase gone wrong

"They were just doing their job. I feel so sorry for them. It is all just too sad."

Miscarriages to be formally recognised by NSW government

Women who miscarry will be able to obtain an optional "recognition of loss" certificate as a formal recognition of their often heartbreaking loss.

Cafe cubby house 'too noisy' for neighbours

Teenage parties, domestic disputes, or raucous late night pubs are the things that usually come to mind when you think neighbourhood noise complaints.

Dad films baby playing with snake

Most parents would not consider a snake an appropriate playmate for their baby, but a US dad who filmed his daughter playing with a python has defended himself against criticism.

Clever breastfeeding products

Check out this range of products designed to help make your breastfeeding journey more enjoyable, manageable and convenient.

 

Back to School Offer

Findababysitter.com.au

We've got you covered for this school year. Use www.findababysitter.com.au to meet local nannies now.

 
Advertisement
 
 
Essential Baby and Essential Kids is the place to find parenting information and parenting support relating to conception, pregnancy, birth, babies, toddlers, kids, maternity, family budgeting, family travel, nutrition and wellbeing, family entertainment, kids entertainment, tips for the family home, child-friendly recipes and parenting. Try our pregnancy due date calculator to determine your due date, or our ovulation calculator to predict ovulation and your fertile period. Our pregnancy week by week guide shows your baby's stages of development. Access our very active mum's discussion groups in the Essential Baby forums or the Essential Kids forums to talk to mums about conception, pregnancy, birth, babies, toddlers, kids and parenting lifestyle. Essential Baby also offers a baby names database of more than 22,000 baby names, popular baby names, boys' names, girls' names and baby names advice in our baby names forum. Essential Kids features a range of free printable worksheets for kids from preschool years through to primary school years. For the latest baby clothes, maternity clothes, maternity accessories, toddler products, kids toys and kids clothing, breastfeeding and other parenting resources, check out Essential Baby and Essential Kids.