(Closed) The 3 months salary rule when purchase an e-ring? Especially for high earners

posted 8 years ago in Rings
Post # 107
Member
40 posts
Newbee
  • Wedding: March 2014

Much to my chagrin, my Fiance spent about two months salary on my ring. I preferred something less expensive but he was adamant about me having a real diamond. Seeing it was his money, the ball was totally in his court. I probably would have thrown a fit if he suggested spending any more than he did.

Post # 108
Member
359 posts
Helper bee
  • Wedding: October 2013

View original reply
@Cabbagefairy:  +1 … you’re exactly right.

Post # 109
Member
7767 posts
Bumble Beekeeper
  • Wedding: July 2010

No way.  I don’t think people actually follow that “rule.”  My rule is get what you want and can still afford. 

Post # 110
Member
347 posts
Helper bee
  • Wedding: August 2013

Oh hell no, Fiance makes $5000 a month, I would make him return it if he spent 15,000 on a ring for me! 

Post # 111
Member
3694 posts
Sugar bee
  • Wedding: May 2012

I wouldn’t call us high earners, but upper-middle for sure.  He picked a number out of thin air as a budget for my diamond.  A nice fat round number.  In the end it was almost 3 months’ salary (net) for the diamond, custom setting, and wedding band, but he had it all saved and didn’t have to finance it.  We also both valued the idea of a higher-quality smaller stone that a 2+ carat included diamond.  But he still wanted it to look appropriate for my fat fingers and our position in life, so a high quality diamond around a carat starts to get spendy. 

I’d have been happy with less, but I love what I have and am certainly not unhappy that he spent so much.  He wouldn’t have spent it on new furniture, it was for a ring, that’s just how he is. 

Post # 113
Member
666 posts
Busy bee
  • Wedding: August 2013

Fiance makes 6 figures and we spent nowhere near 3 months salary.  We didn’t even spend a month’s salary.  I think that’s a silly “tradition.”

I’d base spending decisions for this more on the amount in savings and what percentage of that you feel OK moving from savings to your finger.

 

The topic ‘The 3 months salary rule when purchase an e-ring? Especially for high earners’ is closed to new replies.

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