How mcuh should a person spend on an engagement ring?
There are no hard and fast rules. Old guidelines suggested 2-3 months salary, but this often isn’t realistic in today’s world. The decision of “how much” should more be governed by the tastes of the recipient and your own financial situation. Social pressure should be the least factor to consider. If you have a rough amount mentally set aside when you first begin looking, you are better able to focus your search, while still trying to remain somewhat flexible. It is not usually difficult to balance ones’ taste and budget to find the ideal ring.
