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 Who is me

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

 

Heartwarming prank gives single mum the house she was hired to clean

Cara Simmons arrived at work to clean a large and beautiful house in time for a party planned for that evening. It was soon hers.

Why we should stop telling new parents to 'enjoy every moment'

A few weeks ago, some dear friends of mine had their first baby. As the proud dad texted me a picture I had to fight the natural instinct to say “Enjoy every moment!”

Transgender dad breastfeeds his babies

A transgender man who breastfed his first baby - despite having his breasts removed as part of his transformation from female to male - has now had a second child.

Couple face $1 million medical bill and bankruptcy after babymoon birth

A Canadian couple were slammed with a million dollar medical bill after their daughter was prematurely during their babymoon.

Win one of 5 Little Tikes Cozy Coupe Sport

Australia?s No 1 selling car is now available in a Sports model and we have 5 to give away to some lucky Essential Baby families.

Cigarettes, junk food dominate supermarket sales growth

One in every five dollars spent at supermarkets goes on cigarettes or junk food, according to industry data.

Teacher under fire for breastfeeding in class

There is no doubt mums have a right to continue breastfeeding after they have returned to work, but one teacher in the US has taken it to the extreme.

Video: Baby sniffs beardless dad to make sure it's him

She looks him up and down and then touches his chin, but baby Lindsey still isn't sure this clean-shaven man is her dad.

The tragedy of losing a favourite teddy bear

We were green and uninitiated, perhaps a little naïve when it came to the favourite toy responsibility.

It's possible to workout while pregnant

Medical experts say intense fitness routines can be done safely during pregnancy - if the mums-to-be follow some guidelines.

Baby for Asher Keddie and Vincent Fantauzzo

Fans followed every step of her on-screen pregnancy in Offspring, now Asher Keddie is going to be a mum in real life too.

What parents really want for their kids

Are our hopes, dreams and expectations for our children what they really need?

'I had a feeling something was seriously wrong': the fight for Kaden's diagnosis

Before even giving birth, Katie Myers' maternal instincts warned her something was wrong with her baby.

When your pregnancy causes a relationship rift

Some dads-to-be don't miss a beat when their partner is pregnant; others struggle with a range of issues and can become withdrawn, right when their support is needed most.

Couple uses group photo trick to announce pregnancy to loved ones

Katharine and Kris Camilli devised a clever trick to immortalise their family and friends' reaction to their exciting pregnancy news.

Why Tracey Spicer has given up make-up

"After 30 years on television, I had become what I despised: a painted doll who spent an hour a day and close to $200 a week putting on a mask."

Empowering bikini photo of 46-year-old mum goes viral

When a group of teenagers made rude remarks about her body as she walked past them in a bikini at the local beach, Julie Cross refused to cover up.

Devastated widow discovers she's pregnant the day before husband's funeral

They had been trying to conceive a baby for seven years. Tragically Kristy Kirchner found out she was pregnant the day before her husband Royce's funeral.

Win a family pass to Disney Live!

We have 4 family passes to give away to see Disney Live! presents Three Classic Fairy Tales, touring Australia this December/January.

Gabriella Goat sues Peppa Pig

Every toddler's favourite television pig is being sued by an Italian woman who shares a name with a Peppa Pig character.

Meet the Mpregs, the male pregnancy enthusiasts

"Men can't have babies - that's something only women can do! But our community is full of like-minded people who wish otherwise."

Your new motherhood survival kit

Forget about the bright, pretty baby things - while you're in survival mode, all you'll need are the essentials.

More than 100,000 cars recalled globally after death of pregnant woman

The announcement of a mass recall comes as Malaysian police investigate the death of pregnant woman in July.

I had a 'good baby' but still suffered from postnatal depression

I had a much wanted precious baby girl, a 'good baby' who slept well, self settled and was mostly content. It just seemed implausible to think I could succumb to depression.

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

Win one of 5 Little Tikes Cozy Coupe Sport

Australia?s No 1 selling car is now available in a Sports model and we have 5 to give away to some lucky Essential Baby families.

Join PADDINGTON on the red carpet!

To celebrate the release of PADDINGTON, we are giving five lucky winners the chance to win a family pass to the exclusive Australian Premiere in Sydney on December 7!

Knowing you are one of the lucky ones

I am secure, confident and strong, but the responsibility of protecting my children can almost bring me undone.

Why I am so emotional now I have kids?

There are so many ways in which parenthood changes us as women, but one of the most noticeable, for me, has been the changing state of my emotions.

Baby survives despite sharing womb with 'foreign body'

Baby Maia was conceived against the odds, only to find she was sharing a womb with an ominous "foreign body".

Video: Baby shows dog how to jump - or vice versa

They say dog is man's best friend, but this playful pooch seems to have chosen a jumping baby as her number one buddy.

10 ways to soothe a crying baby

New paernts can get frustrated when their newborn gets fussy and can't settle down. When you're feeling overwhelmed, try some of these simple tips to help soothe your baby.

20 baby names that are becoming more popular every year

The data-lovers at nameberry.com have been at it again – this time, they’ve discovered the names that are continually rising up the ranks, ready to take out some top spots in the next few years.

10 great meals to make for new parents

Ideally, you want to give food that isn’t expensive to make, isn't too difficult to create, and freezes well; stews, bakes, soups and pasta sauces are perfect.

'It's not you, it's me': Boston bombing survivor mum to have leg amputated

Rebekah DiMartino is going through a break-up. She even wrote a farewell love letter. But it's not to her husband.

What it's like to go through early menopause

In a cruel twist, Carla had been breastfeeding and perimenopausal at the same time. But she's far from the only one to go through menopause early.

Restaurant served alcohol to two-year-old

Busy restaurants can be forgiven for getting food and drink orders mixed up from time to time, but not when the confusion leads to a two-year-old being served an alcoholic cocktail instead of the child-friendly beverage they ordered.

Julia Morris tells of miscarriage on a flight

Julia Morris has spoken about the devastation of suffering a miscarriage while on an international flight.

Woman's survival after birth 'a story of two miracles'

A US mother is home and tending to her new baby less than a month after surviving without a pulse for 45 minutes.

Eating ice may give mental boost to the iron deficient: study

A new study proposes that, like a strong cup of coffee, ice may give those with insufficient iron a much-needed mental boost.

Tiny lives in caring hands: Thank U NICU Day

Each year in Australia, over 40,000 newborns need the help of a special care nursery or neonatal intensive care unit. One day a year, the staff are honoured by the parents they help through those dark days.

I paid $50,000 to have a girl

This time my husband and I hadn't taken any chances. We had paid $50,000 and travelled 13,000 kilometres to make sure the baby growing inside me was female.

Weird pregnancy products

Some pregnancy products come to market and are just awesome. Others just leave you scratching your head.

Dear firstborn, I'm sorry

Being a first-time mum is tough for so many reasons – particularly because you really have no idea what you're doing.

A trace of sesame could kill my son

Helen Richardson son's had two anaphylactic reactions in a month. It's traumatic for everyone.

When you know before the test says yes

It wasn't a pregnancy test or missed period that told me I was pregnant with my second baby; it was too early for those things. A doner kebab told me I was going to be a mum again.

What not to do when your partner is in labour

Robbie Williams stole the show during his wife Ayda's labour, pretty much demonstrating everything on the "what not to do when your partner is in labour" list.

Best maternity swimwear and beach cover-ups

Thinking about a tropical babymoon but have nothing to wear? Here are some great swimwear and beach cover-up options for mums-to-be.

'Chopstick Baby' born at 23 weeks

Given the nickname of 'Chopstick Baby' by local media, a baby born weighing 660g has survived a week outside the womb.

 

How many weeks til Christmas?

On your To-Do list

Get the "Santa" shopping done without the kids in tow.

 
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.