I voted one month for the first ring, but that was when I was in college in 1972 and wasn't making much. (I wish I had the specs of that itty bitty diamond chip now that I've been educated.)
When I became engaged last year - 6 years into retirement - I spent quite a bit because I'd just sold a bunch of stock and I felt like spending some of it.
You were waiting for your OTRTA!Nothing, I didn’t have one
Less than one paycheck. I’m surprised that there aren’t more in the “2 month salary” range, because fiancés are pushed by sales people to do this.
i don't think that line works on most people. makes me upset when people feel social pressure to spend so much, especially for folks who can't easily afford to part with it.
I was in school and DH was very early in his career, so I think he spent about one pre-tax paycheck on mine. It was a lot of money to us at the time. He did offer to spend more, as his good friend had spent about 5x that amount (so a little more than 2 months' salary), but I was horrified at the thought of spending more than what I had paid for my (very old, used) car or what would have made for a nice start on a downpayment on a house, so I talked him out of it. Little did I know at the time that he would be so sentimental and that I would be wearing my original e-ring still 20 years later (we could afford an upgrade or two; he just gets all puppy dog eyed about it and I cave in). I still don't think going into debt for a ring is wise. But upgrades would be nice...
i don't think that line works on most people. makes me upset when people feel social pressure to spend so much, especially for folks who can't easily afford to part with it.
It worked on my brother, who gloated about it. My penny pincher parents scolded him. (Of course, I’m not saying other people who spent that much are like that.)