Rules You Need to Know About Engagement Rings

An engagement ring is a symbol of love and commitment between two people. It is also a big financial decision. In this blog post, we will explore some of the rules you need to know about engagement rings, including who pays for them and how much you should spend.


Who Pays for the Engagement Ring?
Traditionally, it is the man who pays for the engagement ring. The reasoning behind this tradition is that the man is the one who is proposing marriage, and thus he should be the one to foot the bill for the ring. However, there are no hard and fast rules about who pays for the ring. Some couples choose to split the cost of the ring, and others may have the woman pay for it herself. Ultimately, it is up to you and your partner to decide who will pay for the ring.

How Much Should You Spend on an Engagement Ring?
There is no "correct" answer to this question since everyone's financial situation is different. However, there are some guidelines you can follow when deciding how much to spend on an engagement ring. One guideline is to spend two months' salary on the ring. Another guideline is to spend whatever you can afford without going into debt. Ultimately, it is important to discuss your budget with your partner before making any decisions.