Jump to content

How much did you spend on engagement ring?


  • Please log in to reply
235 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 snaugh

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 Ange remplie

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 CherrySunday

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!




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users

 

Decluttering before Christmas: tips for managing the toy influx

Deciding how many toys you want to keep and enforcing a limit can help manage the sheer volume of playthings.

86-year-old taught himself to knit, now makes caps for premature babies

'Anything is possible if you put your mind to it' might just be the motto of 86 year-old retiree, Ed Moseley who despite his age and abilities has been gifting handmade knitted caps to premature babies.

Want healthy kids? Let them play in the mud, feed them allergenic foods - and get a dog

If you read about children's health, you've heard a lot of this before.

Photo captures mum's shock at delivery room surprise

Life can be full of surprises, but for this couple a surprise came in a very unexpected way.

Baby's family in law suit over RAAF base chemicals

A 10-month-old baby has been exposed to significant levels of toxic chemicals around a RAAF base near Newcastle, say his parents.

Childcare worker investigated after threatening toddler's mother

An early childhood teacher has been censured for serious misconduct after she threatened the mother of a young child.

Scottish baby names

Scotland, the wind and water-hewn land of the loch, the kilt and the heather. Bedecked in castles great and small, there are many Australians with Scottish heritage who could look to that fair country for baby name inspiration.

Do we need more parking spaces for parents?

The Give Me Space campaign is collecting stories from mums who have had difficult experiences while trying to find safe parking.

Gender neutral parenting: what it's really like

If you want to take a leaf out of Clare's book in gender neutral parenting, her advice is simple: "Follow the children's lead, and you can't go wrong."

The vital question no parent wants to think about

Since becoming a mother I sometimes wonder what would happen to my babies if their dad and I both died.

6 parents to stop judging right now

It's worth looking a little more closely at some common parenting missteps. Could it be these mums and dads are really just like you and me?

Ryan Reynolds shares delivery room tips for expectant dads

If your partner is heading to the delivery room any time soon, you've got to see Ryan Reynolds' video on dealing with the intricacies of the delivery room.

The trials and tribulations of teenage mums, 10 years later

Having her first baby at 16 was a shock for Simone Miller, but it's not something she regrets.

Grandma falls head over heels for baby - literally

Usually Valerie Sharp's plan to put her granddaughter into her cot works just fine, but when things go wrong it is hilarious.

My toddler wants all my attention all of the time - help!

This is a stage, and you and she will move through it. I can (almost) promise it.

Cotton On KIDS' cute new baby prewalker shoes

Oh watch out folks, Cotton On KIDS' baby range has just become even cuter with the release of its first ever prewalker shoe collection.

Why I love the superhero phase

My twins are heading towards three and have officially entered the superhero phase. It happened almost overnight.

I'm caught in a 'mumpetition' with my friend and I'm losing it

My best friend and I had children within a year of each other. She thinks her child is God's gift to the world.

A year of motherhood: my survival story

Motherhood burns you down, but it rebuilds you too.

Five traps to be aware of when reading IVF clinic websites

Clinics provide IVF success rates in often confusing ways because there is no agreed format on how this information should be presented.

 
Advertisement
 

Top 5 Articles

Advertisement
 
 
 

What's hot on EB

What pregnancy is really like: mums share their honest opinions

We asked real women what surprised them during their pregnancy. They've shared their experiences in the hope of preparing the rest of us better for the ride

The truth about big-headed babies

Research suggests that big headed babies become more intelligent than their smaller peers. One mum shares the positives and negatives of having a big headed baby.

How to encourage your baby's gross motor development skills

There are some everyday things that parents can do to improve gross motor skills and coordination.

'My baby's extra thumb saved her life'

A mum whose daughter was born with an extra thumb says that the extra digit saved her life.

He gave her his liver, she gave him her heart

Heather Krueger and Chris Dempsey's origin story began in a darker place than most: with stage 4 liver cancer.

Toilet training from birth? It is possible

This method, called elimination communication (EC or assisted infant toilet training), is becoming increasingly popular in the West.

Watch hilarious montage of strangest pregnancy questions on Yahoo Answers

Some of the strangest questions about pregnancy - and some of the most bizarre spelling - have made for a hilarious video.

How to reduce your chances of perineal tearing in birth

The use of heat packs, along with other aspects of clinical care, can reduce your risk of tearing in birth.

 

Baby Names

Unusual Celeb Baby Names

Click through the gallery to read the details and see some of the most memorable monikers in show biz families.

 
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.