2-Month Salary Rule

Who Determines How Much a Guy Should Spend on an Engagement Ring?

Gold rings in a red heart-shaped jewelry box

In western cultures, a person wearing an engagement ring indicates that he or she will be married soon. It is a symbol of a formal agreement to the marriage. They mostly feature diamonds and are worn by women. A neologism “management ring” also exists for the engagement rings men wear. Sometimes, men … Read more

How Much Will Monthly Payments Be?

Two silver diamond engagement rings

An engagement ring is perhaps the first significant purchase of your life as a couple. Financial decisions like this should not be taken lightly. A recent study showed that 76% of the surveyed couple would spend about $2,016 on an engagement ring, while 17% will spend between $2,500 to $5,000, and 7% … Read more