Breaking news! Men are spending less on engagement rings according to dailymail.co.uk. The economy is taking its toll not only on weddings, but now on the universal symbol of love and commitment, the engagement ring. The topic of how much an engagement ring should cost has always been hotly debated, but I think most people would agree that the cost of an engagement ring should fall somewhere between 2 to 3 months salary. According to dailymail, men are now spending 3 weeks salary on engagement rings. To give you an idea of what that is in dollars – men who may have spent $8,000 are now spending on average $2,000 for an engagement ring. Read the article for additional stats.
What about me, you ask? Well, I didn’t have great resources like Big Fat Cake to help me answer my questions about how much I should spend on an engagement ring, not to mention I was a year out of college when I asked Christine’s hand in marriage. All that said, I spent about 1 to 2 months salary, less than the “recommended” amount. Did spending less on an engagement ring bother Christine? I don’t think so, but I’ll let her respond to that. In the end, I think it’s more the man’s love and intention to get married, and less the the cost of the ring.
I want to hear from the men and women out there. Men, did you spend 1, 2, or 3 months salary on the engagement ring? Women, how do you feel about the cost of the engagement ring?