The age old debate of how much one should spend on engagement ring goes on. It’s hard enough to make the decision to stay committed to someone for the rest of your life, let alone deciding how much you should spend on a ring which isn’t intended for you!
Let’s go by the traditional rule that one should spend three months salary on an engagement ring. This is known as a rule of thumb, but many males stick by this as gospel. Which would make sense as the average amount spent on an engagement ring is around £4000.
Of course we don’t recommend following this rule if you are heavily debt or worried about the financial implications of the purchase.