There used to be a theory that a man should spend three month's salary on an engagement ring for his fiance. So if you were to make $2,000 each month, then $6000 is what you should spend on an engagement ring. Nowadays, that theory is not necessarily adhered to any longer.
When looking at how much to spend on an engagement ring you need to look at how much you can really afford. Are you able to finance the ring? Do you want to make monthly payments are do you want to pay the ring off all at once? These things will all factor into how much you should spend on your engagement ring.
My advice is to first go window shopping for engagement rings. Take a look at what you would like to buy for your fiance-to-be and then start saving for that ring or you can decide to finance the ring if you can afford it. When financing, also make sure to find a reliable source, and look into different places. Be careful online, and only use reputable sources, such as a site like Prosper.
personal note:
If the engagement isn't going to be a surprise, I suggest simply asking. My wife actually picked a $59 engagement ring. While it made some people think I was cheap, it turned out that a big gem on her finger would have gotten in the way at work. For that same reason, we actually have the same wedding ring in two different sizes which cost less than $700 total. For the record, I had actually saved up several thousand dollars for an engagement ring.
Bellas engagement ring belonged to Edwards mother.
You should spend what you can afford as diamond engagement rings vary widely in price. Tradition dictates that 2 months gross salary should be spent on an engagement ring and some claim that it is now trending towards 3 months gross salary.
A guy should spend at least $300 on an engagement ring. Not too cheap and not too expensive, I recommend buying insurance for the ring if it is over $300 as well as getting a warranty on it.
How much money DO you spend?
about $ 50 dollars a day
depends on the type of the house and how much you have in savings..
The amount I spend on any gift for someone depends entirely on how well I know them. If it was an engagement gift for my brother & partner I would spend up to £60, but if it was a friend from work then I'd spend £10-£15. I hope that helps a little! Remember, it's not about how much you spend at he end of the day, it's how much thought you put into the gift. The more appropriate it is for the recipient(s), the more they will apprecciate it.
You should only spend what you can afford. Usually the money is given in multiples of 18.
I would say you should spend $10 a month
the more money the better!!! they'll love you!! especially, if you spend a lot on them
not alot...but they SHOULD be using more:)
Not much if you are an amateur. The question should be how much money does a photographer spend per month!