(Closed) Whats your E- Ring Budget??

posted 5 years ago in Rings
Post # 3
Member
3626 posts
Sugar bee
  • Wedding: September 2012

We definitely didn’t go by that rule. I mean, it depends what each couple is comfortable spending, but that amount is way too high for me! We’d much rather save money and spend less on an e-ring.

Post # 4
Member
1402 posts
Bumble bee
  • Wedding: May 2015

No, the three months salary rule is so fiscally irresponsible.  Even if my SO had a ton of money in savings I still wouldn’t want him spending that much on an engagement ring.  It’s a bit ridiculous, in my opinion.

Post # 5
Hostess
11168 posts
Sugar Beekeeper

We didn’t have a set budget and he ended up choosing a larger carat size center stone so I don’t know the final cost. I’m guessing it was close to about three months salary.

Post # 6
Member
678 posts
Busy bee
  • Wedding: August 2014

We are only a couple years away from buying a house… so I asked SO to not spend a penny over what he makes in a single paycheck (so that would be “2 weeks salary!”) I think that should be enough to get a nice ring that I wouldn’t be paranoid about losing/accidentally destroying!

Post # 7
Hostess
2999 posts
Sugar bee
  • Wedding: April 2014

we went by the 3 month salary rule — $15,00-20,000 was our budget

Post # 8
Member
11234 posts
Sugar Beekeeper
  • Wedding: August 2013

I went by what I was comfortable wearing and comfortable with him spending. We had originally thought about a $2500-3000 ring, but I ended up deciding that around $1000 would be more comfortable for both of us. I fell in love with a ring that he spent $800 on.

Post # 9
Member
3553 posts
Sugar bee
  • Wedding: August 2014

We spent a bit more than I really wanted to (stupid designer markup grumble grumble), but it came out to be about one month’s take home pay, or slightly less than 2 months of rent. To put our take home pay in perspective SO is working full time in retail while he takes his final college class, and I just graduated in May and am working my first job. We make about the same amount as each other each month and we are not making tons of money.

Post # 10
Member
117 posts
Blushing bee
  • Wedding: November 1999

No budget.  I don’t ask for much and I wanted the ring I wanted.  Nothing else compared.  Also, this is the ring I will be wearing the rest of my life, I don’t believe in upgrades or redesigning the setting.

Post # 11
Hostess
2999 posts
Sugar bee
  • Wedding: April 2014

@loveus:  This is true too…we didn’t really go into it with a budget.  I happened to pick the most expensive setting in the store (of course!) and once I saw it, there was NO going back.  I negotiated on the quality of the center stone to make up for the ridiculous designer setting though

Post # 12
Member
2143 posts
Buzzing bee
  • Wedding: July 2015

Our budget is around 3000 or less. and honestly at this point in our lives that is more than 3 months salary (full time students, he works 2-3 shifts/week at just above minimus wadge)… We have some serious saving to do this summer. 

Post # 13
Member
1832 posts
Buzzing bee
  • Wedding: January 2013

I have no clue what his budget was, it was not up to me on the ring. He asked me for some imput, all I told him was white gold, solitare, round or princess, quality over quanity, meaning I wanted the higest quality diamond he could afford even if that meant having a smaller stone, over a larger diamond with low quality.

And to my surprise he got me the quality and the quanity, a 1 carat princess cut solitare in white gold. I believe my ring was $5,400, the solitare white gold setting was $680  and has no accent diamonds, the center diamond was the remainder of the total. Very beautiful stone.

Post # 14
Member
5494 posts
Bee Keeper
  • Wedding: August 2011

No budget.  He asked for parameters of what I wanted in terms of size, setting and shape.  I know he did a ton of his own research on all the Cs.  He got me a ring that fulfilled all my requests but I have no idea how much he ended up spending.

Post # 15
Member
1839 posts
Buzzing bee
  • Wedding: May 2013

we never really talked about it.  i found a ring online on a site with vintage rings and told him about it (it’s prob like a half a month’s paycheck). it ended up selling as he was just about to buy it & i picked a diff one that was a few hundred dollars less. (~2200)

Post # 16
Member
504 posts
Busy bee
  • Wedding: November 2012

@WannaBeeMrsB:  my fiance and I are in the same exact boat as you. We are both full time students and he also works about 2/3 shifts a week. He ended up spending 3,000 on my engagement ring. Its a princess cut diamond and for us it was quality over quanity. I am happy with what I have, I think at 3,000 dollars it was over his price range but it wasn’t outrageous like other people. 

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