(Closed) If you picked your own ring – how did you set the budget?

posted 7 years ago in Rings
Post # 3
Member
5494 posts
Bee Keeper
  • Wedding: August 2011

I asked him about the price range and he told me not to worry about it and just show him what I like. So I did.  I mostly showed him settings and then we looked at some loose diamonds in the carat range I wanted.    He went back on his own to actually further narrow down the diamond and pick a setting.  I have no idea how much it cost but it was within the parameters we discussed.

Post # 4
Member
3482 posts
Sugar bee
  • Wedding: February 2011

Darling Husband had mine custom made while I was out of the country, so I had no idea how to estimate cost. He asked me to sketch out my dream ring, I did, and he found somewhere to have it made. I did want platinum, and knew that would drive up the price somewhat, but I also didn’t want diamonds, so I figured it would still keep costs within reasonable limits.

Post # 5
Member
10714 posts
Sugar Beekeeper
  • Wedding: June 2012

Well we went in the jewelry store they asked if he’d like to see if he could apply for a credit card and withint 10 minutes they said he has $5000 credit and gave him his store card… I picked the ring I knew I wanted all along and it was $3000 so he didn’t think twice when he said he’ll take it! Then we had money on his credit card for our bands too =) were hoping to have them paid off by the wedding thats why we got them all so early!

Post # 6
Member
5993 posts
Bee Keeper
  • Wedding: May 2010

for us it was look at the rings i liked, the size stones i liked and what was the market value and work from there – hubby and i paid for my ring together so it wasnt a huge burden for one person

Post # 7
Member
2542 posts
Sugar bee

FH didn’t really know much about engagement rings or what price ranges they come in in relation to the 4 Cs so he did some research on his own and I talked to him about it as I work with jewelery. He said he would like me keep it in the $2500 range but that if I found something I loved that was more, he would “make it work” because I’m “priceless.” Hehe, I love my sweetie. I happened to find my dream ring and matching wedding band for about $2800 all together and the sales clerk gave us a 10% discount (covered most of the taxes!) so it turned out great!

Post # 8
Member
374 posts
Helper bee
  • Wedding: January 2011

I asked him.  He said, “I thought it was supposed to be three months worth of my salary”.  LOL  I almost choked.  There was no way I would spend that much on a ring.  We went in with a budget of around 5k and ended up spending $1500. I knew what I wanted and I LOVE my ring. 🙂  

Post # 9
Member
134 posts
Blushing bee

My partner had just come into a large amount of money and allowed me to pick anything I wanted. She had never purchased an engagment ring before so she had no idea what it would cost. Because of that she gave me free reign. I think she knew I wouldn’t go crazy and she also wanted me to have exactly what I wanted. My ring cost $3k and despite having no budget I felt guilty spending that much money. But, she wanted me to have what I wanted and thought it was a good deal for the ring I selected.

Post # 10
Member
134 posts
Blushing bee

My partner had just come into a large amount of money and allowed me to pick anything I wanted. She had never purchased an engagment ring before so she had no idea what it would cost. Because of that she gave me free reign. I think she knew I wouldn’t go crazy and she also wanted me to have exactly what I wanted. My ring cost $3k and despite having no budget I felt guilty spending that much money. But, she wanted me to have what I wanted and thought it was a good deal for the ring I selected.

Post # 11
Member
2183 posts
Buzzing bee
  • Wedding: November 2011 - Florida Aquarium

I asked FH what he wanted to spend. Then I researched and told him the realistic number, and we went with that.

Post # 12
Member
4803 posts
Honey bee
  • Wedding: August 2012

We basically have combined finances, so we looked at what we could afford.  But honestly, I kind of set the budget because he had zero clue what these things cost…

He knows that I like to bargain shop and not go in and pick out the most expensive thing I see too. 

Post # 13
Member
602 posts
Busy bee
  • Wedding: March 2012

Fiance didn’t give me a budget.  He went to the store beforehand to look at prices so he knew he could afford the most expensive one if that’s they one I picked.  So when he took me too the store he said I could have anyone I wanted.

Post # 14
Member
1314 posts
Bumble bee
  • Wedding: June 2013

We did not. I knew that he thought it was outrageous that one of his recent co-workers had spent $7000 on a 1ct diamond ring so I was going to have to rethink my stone choice. When I discovered Moissanite which would get me a 1ct well under $1000, he was just relieved and didn’t question the price at all!

Post # 15
Member
2695 posts
Sugar bee
  • Wedding: October 2015

Like a bad future fiance, I didn’t discuss a budget with my SO before we went looking. We just kind of knew what we were looking for and figured we’d make it work when we found it. Thankfully, the ring we found is about $1000 as is and we are going to change it slightly so it’ll be a bit more expensive, another $2800, so it’ll work well for us.

Post # 16
Member
310 posts
Helper bee
  • Wedding: May 2011

He reasearched before any of the talk started, so he knew. He cared to know what I wanted and never set one. Same with the wedding band.

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