(Closed) Two Months’ Salary?

posted 10 years ago in Rings
  • poll: Did your FI spend two months' salary on your e-ring?
    Yep, I think it's an appropriate gauge for budgeting. : (37 votes)
    18 %
    Yeah, but I think that's too much to spend on a ring! : (15 votes)
    7 %
    No, that's unrealistic to expect, especially these days. : (98 votes)
    48 %
    No, he's too frugal. Love him anyway! :) : (19 votes)
    9 %
    He spent even more!! : (35 votes)
    17 %
  • Post # 32
    Member
    2475 posts
    Buzzing bee
    • Wedding: June 2010

    I’ve always heard it was 3 months’ salary… Fiance spent about 2 months’ of his salary on mine and I love it!  He saved for a while and was able to pay for it upfront.  I’m glad he did it the way he did… I would be unhappy if he went into debt for my ring! 

    Post # 33
    Member
    52 posts
    Worker bee
    • Wedding: June 2010

    I think it depends on  how much a month’s salary is.  My ring was less than a month’s salary but then again my fiance’ makes quite a bit and I wouldn’t want a huge ring just to follow the how every many month salary rule.  Just go with something you like!:)

    Post # 34
    Member
    610 posts
    Busy bee
    • Wedding: October 2009

    All these “averages” are just propaganda by the diamond/jewelry industry. Just do what you guys are comfortable with. I just want one that looks good for my finger. It ended up being 1 month salary after tax, which I still consider to be a lot but I guess I’m ok with splurging a little….

    Post # 35
    Member
    5262 posts
    Bee Keeper
    • Wedding: June 2012

    R’s in-laws are jewelers, and they mentioned that this “two or three months’ salary” was started by one of the chain jewelry stores around Christmas one year. It was never the standard, marketing only made it that way! And frankly, I still don’t think it is, I just think that now guys feel guilty when they can’t spend an arm and a leg. 

    My ring cost a little less than a month’s salary for him, but it was at cost and the diamond has been sitting around, so we got it at what the ILs paid for it when they originally bought it. 

    Post # 36
    Member
    685 posts
    Busy bee
    • Wedding: June 2010

    I believe Fiance spent a month’s worth or slightly less.  Truthfully, I think I would have felt horrible if he spent that much on my engagement ring.

    Post # 37
    Member
    24 posts
    Newbee
    • Wedding: August 2012

    Its funny this has come up as I have been trying to figure this out myself.  My bf and I went ring shopping this passed weekend and the ring I liked cost more than my new car!  My bf set a budget based on how much he’s saved up and not on how much he makes.  We both agreed that getting a ring is not worth getting into debt.  I’d rather get something with a smaller diamond but its fully paid.

    What was really interesting was that the gentlemen helping us at the jewellery store had introduced himself by saying how he’s not too knowledgeable in jewellery and that he’s a bartender at night and just started working at this place.  After I was looking at this expensive ring he tells me how that is the ring his girlfriend wants him to buy.  Goes to show that just because a girl gets a really expensive/big diamond doesn’t mean that they can afford it.  I ended up feeling sorry for the guy as he went on about how he’ll have to get a loan to pay it off for the next few years etc.

    Personally I wouldn’t want my bf to go into years of debt to pay off my ring!  But then, thats just me.

    Post # 38
    Member
    1060 posts
    Bumble bee
    • Wedding: July 2010 - Anela Garden Chapel & Japanese Cultural Center, Honolulu

    Mine planned on doing the 2-3 months thing, but I told him no way did I want a ring that expensive.  It would just add more pressure for me not to lose it ๐Ÿ˜›

    Post # 39
    Member
    768 posts
    Busy bee
    • Wedding: April 2010

    my fiance spent about 2 months salary on the ring, but he doesn’t make much money and he had the money saved and set aside before we even started looking.

    Post # 40
    Member
    1280 posts
    Bumble bee
    • Wedding: July 2011

    I’d be engaged in 2012 if my SO spent two months’ salary on my engagement ring! I think that’s an absurd amount to expect someone to spend. I’m actually going to give him a budget with a max that would prob equal about 1/2 of a months’ salary for him. He can spend more if he chooses, but I eould honestly rather he save for more important things like our wedding or a down payment on a place for us.

    Post # 41
    Member
    1230 posts
    Bumble bee
    • Wedding: May 2010

    My Fiance definitely did not spend 2 months salary on my ring. He is still in school, so he doesn’t really have a salary but I know he spent less than 1 month of my salary. I would have felt terrible if he would have spent any more money on my ring and I absolutely love my ring.

    Post # 42
    Member
    5151 posts
    Bee Keeper
    • Wedding: June 2010

    My FH spent aprox 2 months salary. I do not think it should be a “rule” and that the ring should “need” to be a certain cost. The price was right for us, he used tax money he got back plus some other he had saved away ๐Ÿ™‚

    Post # 43
    Member
    168 posts
    Blushing bee
    • Wedding: June 2010

    When Fiance bought my engagement ring, he was in school for his Master’s degree and didn’t have a job. So he bought the ring with some money he had saved up.

    The ring cost a little more than one month, but less than two months of his current salary at the job he got almost a year after proposing.

    Post # 44
    Member
    3979 posts
    Honey bee
    • Wedding: January 2012

    My Fiance spent a little over 2 months salary.

    However, it’s total propaganda made up by the diamond industry! I think its more important that a man purchases a ring he can afford vs. what he is told is an acceptable guide for purchasing a ring! 

    I would have loved any bauble he put in front of me regardless of the cost ๐Ÿ™‚

    Post # 45
    Member
    10216 posts
    Sugar Beekeeper
    • Wedding: November 2010

    if M spent three months salary I would kill him.  I mean that’s the amount of a decent downpayment for a house or a nice car (or two if they are used).  I am very happy with my gemstone e-rings… although i pine for the tiffany legacy, i am okay with a knock off at a great price.

    Post # 46
    Member
    11324 posts
    Sugar Beekeeper
    • Wedding: February 2011

    @crebre- amen to the knock-off ๐Ÿ™‚ my ring is tiffany novo-esc and i love it way more than the real thing bc i know we won’t be paying it off forever!

    The topic ‘Two Months’ Salary?’ is closed to new replies.

    Find Amazing Vendors