is a world-leading consumer product review site. We provide detailed reviews and ratings for thousands of products and services.


Go To Reviews >

How Much Should You Spend on a Wedding Ring?

Are you thinking about getting married? If so, congratulations! However, whether you've already popped the question or are just thinking about it, there's a lot of things to consider. You have to find a venue, a band, book a caterer, get a cake. The list goes on and on. In all the hubbub though, don't forget to get your wedding rings!

Out of your entire wedding budget, you should spend about 3-5% on your wedding bands. This will ensure you get nice, matching bands that don't break the bank but still look lovely for the both of you.

About Engagement Rings

When you're asking yourself how much should you spend on a wedding ring, however, you're more often than not thinking about engagement rings. Engagement rings tend to be quite a bit more expensive and extravagant. That being said, just because there are certain "rules" or averages quoted on wedding websites doesn't mean you have to stick to them. What follows is just a guide of what is currently considered the "norm" in terms of cost of engagement and wedding rings.

You might have heard this one: an engagement ring should cost as much as two months of your salary. Yes, that is the old "rule" when it comes to determining your budget for the ring but don't let this hold you down. If this is just too much for your budget (and don't worry, it is for many people) don't feel pressured to buy outside of your means. Instead, opt for a ring that fits more within your budget. The engagement ring is just one part of what you'll be spending soon. Weddings themselves are quite expensive, so please try to keep that in mind.

Buying Options

If you have money saved up for a ring, that is the ideal situation. You see, if you buy a ring on credit, you'll be paying that off for several months. This means it's highly likely that you'll be married and your incomes will be combined before that debt is paid off. This creates the very real possibility that the recipient of the ring will be helping to pay off that debt, which doesn't seem right.

The less debt you accrue, the better, when it comes to wedding planning and starting out your lives together. Do you really want to begin your married lives buried in debt?

So, the answer to the question of how much you should spend on a wedding ring really comes down to personal preference and budget. Yes, the old rule is to spend two months' salary but that's just not very realistic for a lot of people nowadays. Instead, opting for a more reasonable amount or even using an heirloom ring are more preferable options.

Additionally, it's important to differentiate between a wedding ring and engagement ring. Typically, you'll spend less on wedding bands than you would on an engagement ring but it's up to you. Remember: this is your big day we're talking about. Do what feels right for your situation.

Go To Reviews >

Top Consumer Reviews Articles provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

Jewelry In The News

Bruce G. Weber jewelry store prepares for move from Utica Square to Cherry Street

Bruce G. Weber Precious Jewels, a staple in Utica Square for decades, is taking its sparkle to Cherry Street. The store is relocating to 1523 E. 15th St. as part of a $9 million project called 1515 Ch...

Published:  Fri, 22 Feb 2019 13:36:00 GMT

James Avery Artisan Jewelry to relocate Barton Creek Square store

KERRVILLE, Texas, Feb. 22, 2019 /PRNewswire/ -- James Avery Artisan Jewelry, a family-owned jewelry retailer based in Texas, announces the upcoming relocation of its store at Barton Creek Square ...

Published:  Fri, 22 Feb 2019 08:32:00 GMT

Our final prize from Tapper's Jewelry for wedding week will add some bling to your big day

All this week we have been giving away prizes as part of Live In The D's Wedding Week Giveaways! Each day the prizes stack up on top of each other to become even bigger. Whoever wins today's giveaway ...

Published:  Fri, 22 Feb 2019 09:51:00 GMT

Up to $10M stolen in Buckhead jewelry heist

Thieves who tied up the manager of a popular Buckhead jewelry store inside his Cobb County home while accomplices cleaned out his shop may have made off with as much as $10 million in jewelry, accordi...

Published:  Thu, 21 Feb 2019 15:09:00 GMT

Pair stole $2,000 in jewelry from SC Walmart, deputies say

ORANGEBURG, S.C. - Two suspects accused of stealing jewelry from an Orangeburg Walmart have now facing charges. "Several agencies had been seeking these two for a variety of reasons," Orangeburg Count...

Published:  Thu, 21 Feb 2019 16:00:00 GMT

- View Full Site -