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How much should I spend on an engagement ring?

17 Mar 2019
How much to spend on engagement ring


When buying an engagement ring one of the first things that you need to decide is how much you will spend on it.

Wages

2-3 months wages?

Traditionally it is said that you should spend at least two or even three months salary on an engagement ring, however, most people actually spend between 3 - 6 weeks wages. 

Of course some people spend a lot less, or a lot more than this, and it really is a very personal decision as to how much you want to spend.

Don’t spend more than you can as you will need to pay for a wedding if all goes to plan!

Choosing the perfect engagement ring

Finance options are available

We offer interest free credit for 12 months, as well as longer term (up to 4 years) 11.9% APR credit options on any ring over £500, so you might wish to use this to spread the cost of buying an engagement ring.

Also, bear in mind that buying from a High Street retail jeweller will cost a lot more than buying from an online jeweller such as ourselves. We make all of our jewellery in house, so we are able to offer a larger diamond for a much lower price!

We recently put together a blog post outlining some key points to consider when choosing an engagement ring and deciding your budget. You can have a read by following the link below.

Read our blog post on engagement ring budgets

Still need some more advice?

Contact us to discuss further

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