With engagement season coming, you may be planning to propose to your significant other soon, or you and your partner may be planning to get an engagement ring here in Utah. You may want a diamond ring or a customized ring.
No matter what ring you want, you will be able to find one that fits your partner’s finger as well as your wallet.
Rings Worth a Fortune
People used to hold the common belief that engagement rings will cost you around three months’ worth of salaries. This belief stems from a diamond corporation way back in the 1930s that advertised rings to be ideally worth a month’s paycheck to boost diamond ring sales.
In time, the supposed worth of rings surged three times the original value.
Rings Worth the Price
Today, however, technology has advanced in such a way that you can choose engagement rings aside from the usual diamond. Moissanite, a lab-grown gem, for example, has become a great choice for couples who want a cheap stone setting that looks like a diamond.
At the same time, the diamond acquisition has become inexpensive and ethical, lowering prices of diamond rings.
Ring Expenses Today
Even with the lower costs of engagement rings today, however, American couples continue to spend quite lavishly on their rings. According to a study in 2015, couples spent an average of more than $5,000 for engagement rings alone. You may ask then: how much should you spend on your engagement ring?
Ring Expenses for You
For couples looking for an engagement ring together, you can decide by talking about what ring you want and how much of your finances you can afford. Together, you will be able to decide on a reasonable budget for a ring.
For individuals, on the other hand, looking to propose, you can think about what your partner will want too but without compromising your financial goals.
What engagement ring would you like to get now? You can easily find an engagement ring here in Utah, especially ones that come at great prices. You simply have to look for them.