thread: How much to spend on an Engagement Ring?

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  1. #1

    Mar 2004
    Sparta
    12,662

    I spent a lot less on my ring than we had budgeted for because I looked at heaps and they were all too boring and when I finally found one we both loved it was relatively cheap.
    I agree that it doesn't need to be a diamond - the diamond convention is nothing more than a clever bit of marketing by deBeers.

  2. #2
    Registered User

    Nov 2006
    Somewhere Over The Rainbow
    3,094

    the diamond convention is nothing more than a clever bit of marketing by deBeers.
    SOOOO0 true! Diamonds are actually MORE COMMON than the amythest!

    DH wanted to get me a diamond at one stage - I told him that I dont want to be just as special as everyone else.

    I have a lovely yellow sapphire that takes everyone's breath away.

    As far as the cost is concerned - can you put a price on love? Does it really matter if it cost $100 or $10,000? Who cares for the cost - it is what it means that is the important part.

  3. #3
    Registered User

    Mar 2007
    outer South East Melbourne
    2,881

    As little as possible. You will appreciate the extra money saved when you pay for your wedding.

  4. #4

    Mar 2004
    Sparta
    12,662

    As little as possible. You will appreciate the extra money saved when you pay for your wedding.
    lol I'm the opposite. I would rather spend more on something I'll wear for the rest of my life and save on the wedding.

  5. #5
    BellyBelly Member

    Oct 2007
    Ever so slowly going crazy...
    2,268

    I fell in LURRVE with a $3000 eng ring, and flatley refused to let Adam buy it. We SO didn't have the money, even though we were both working at the time, with only the 3 kids, not 5!!

    Within months it was on sale for $1800, interest free layby at Micheal Hills. So we layby'ed, and it took a few months but I have my perfect ring for almost half price!!!

    So shop around, and dont be in a rush. The perfect ring WILL come along....

  6. #6
    Registered User

    Jul 2007
    melb
    8,498

    We spent more than we wanted to but we loved the ring!! Bonus was that it was on special or there is no way we would have got it as it was 50% off we just were lucky.

    I had idea that i wanted princess cut diamond and when i tryed them on i didnt like it and neither did dh, we then spoted my ring and fell in love with it!! I onoy tryed on 2 rings and looked in 1 other shop before returning and getting the ring i loved!!

    Go with what you like not how much it costs. As it is one special piece of jewlerry u will have forever.

  7. #7
    Registered User

    Feb 2008
    Down Under
    1,617

    i didnt get to pick my ring and still to this day i have no idea how much its worth!!!!

  8. #8
    Registered User

    Jul 2004
    5,756

    We spent a bit more than what we wanted. But the particular style i had in mind was not easy to find, nor cheap. I don't regret it at all though.

  9. #9
    queenbee Guest

    lol I'm the opposite. I would rather spend more on something I'll wear for the rest of my life and save on the wedding.
    I would have to agree with dachlostar here and if we got married, the wedding would be small and inexpensive

  10. #10
    Registered User

    Feb 2008
    Near the Snowies!
    2,975

    My DF picked my ring out himself, I had no idea about any of it! He got a great deal from Michael Hill Jewellers, the ring is worth a bit over $1500 (we have it insured under our contents insurance policy, for theft and if it gets lost while we are travelling or something which is excellent) but he paid about $750 and did it through their finance system so he paid for it monthly and didn't take long for him to pay it back.
    Certegy I think was the company they use. I love it, and it really suits me as I don't wear much jewellery at all, and I honestly couldn't care less about how much it costs.
    I am glad that it is insured though...although I would still feel terrible if something happened to it, at least I know we could afford to replace it!

  11. #11
    Registered User

    Jan 2008
    3,305

    I so hear ya on not wearing what ya already own i jewlery.

    ppls ay you should spent 1 months earnings on the engagement ring, Personally we got an engagement set. Was exactly what i like. When looking do try to ignore pricing and pick what ya like what seems to stand out to you and talk to you don't be in a hurry to find one.

    I also didn't want to spend a fortune on a ring in the end i didn't like any of the real expensive ones i just wanted a diamond cluster style rather than some huge diamond. I am happy with what we picked. I wanted something that was me not what everyone else would think would be lovely.

  12. #12
    Registered User

    Jul 2006
    In The Land Of Wonderful...
    1,751

    lol I'm the opposite. I would rather spend more on something I'll wear for the rest of my life and save on the wedding.
    Thats exactly what we did!

    My engagement ring cost more than our whole wedding... and is actually worth about 3 times as much
    (If you ask my SIL, its way too over the top... and ridiculous & impractical to have a ring like mine as something you wear everyday! )

    My brother is a designer/jewellery maker for one of the most prestigious private jewellers in Sydney.
    He took DH to buy the diamond (at his price, so it was actually affordable) and then designed & made the ring.

    The only thing I knew was that it was a princess cut (which was my only request) - and apart from that I had no clue

    I'm probably the wrong person to ask, though, as I'm obsessed with jewellery & have no issues spending the $$ because I see it as something that lasts a lifetime.... and I wear it everyday.

    It just has to be up to you what you like - don't put a cost on it.

    If you're wearing the piece of jewellery you love representing the man that you love, then thats all that matters.

    Price has no importance. If you love it, then it will be beautiful

  13. #13

    Mar 2004
    Sparta
    12,662

    I'm probably the wrong person to ask, though, as I'm obsessed with jewellery & have no issues spending the $$ because I see it as something that lasts a lifetime.... and I wear it everyday.
    I regard it as the investment you can wear

  14. #14
    Registered User

    Jul 2006
    In The Land Of Wonderful...
    1,751

    Absolutely Dach

  15. #15
    Registered User

    Jan 2008
    3,305

    I regard it as the investment you can wear
    well diamonds are getting rarer