What Is A Good Amount To Spend On A Promise Ring

However it can be given for many different reasons as a symbol of chastity loyalty monogamy friendship or even a promise to oneself to stay clean and sober.

What is a good amount to spend on a promise ring.

There are no rules or guidelines around how much to spend on promise rings but it s usually significantly less than an engagement ring. While 5 900 is the national average cost of a ring the spend per couple varies. But your personal budget should depend on your current financial situation. A promise ring is a symbol of commitment and is often seen as a pre engagement ring.

If you make 60 000 per year spend 10 000 on the engagement ring. You should spend 2 months salary on an engagement ring. Jewelry promise rings typically range from 500 to 2 000. Our study found that one third of all respondents are spending between 1 000 to 3 000 on their engagement ring.

Remember often people purchasing promise rings are younger and don t have the financial means to be spending a lot of money mcleskey dolata says. If you make 30 000 per year spend 5 000. Promise rings can range in price from just a few hundred dollars for a simple elegant ring made from gold or sterling silver to several thousand dollars for a promise ring that features diamonds and or other gemstones. In fact 10 percent of ring shoppers are spending under 1 000.

How much should a promise ring cost.