E.S. Design

We all know the cliché that says, “Love is priceless.” If this were true, then the answer to the question “How much should I spend for an engagement ring?” would be “The sky is the limit!” However, we cannot expect men to spend an arm and a leg for an engagement ring. After all, the expenses that follow the proposal involve a good amount of money. The wedding ceremony and reception would require the couple a great deal of hard-earned cash, if they want the big day to be a memorable one.

The jewelry industry suggests men to purchase engagement rings that are worth two months their salary. Other industry experts give wiser pieces of advice, encouraging men not to go overboard and yet buy something nice for the love of their life. You do not want to come across as a cheapskate to the girl of your dreams.

To assist you in your search for the perfect engagement ring, it may be helpful to know that the average price for a diamond engagement ring is $3,000. Most men spend this amount for a diamond engagement ring.  Knowing this value provides you with a starting point from which you can work your way either up or down, depending on your budget.

With $3,000, you can purchase an ideal-cut diamond ring that is approximately ¾ carat, a perfect size for that special sweetheart. The clarity should be at least SI1 with a color of at least H. Note that the market price of diamond jewelry fluctuates and if it does, it usually goes upward. Make sure that your diamond is GIA certified and has an ideal cut. Ask jewelers for available diamond deals that you can take advantage of. After selecting the diamond, you may now choose a simple but elegant setting that will highlight the sparkler’s brilliance, ready to shine on that big day!