As I’m sure you’ve heard, the old adage advises an engagement ring should cost roughly the equivalent of two months’ salary. That out-of-date advice came from a De Beers marketing campaign to create buzz around diamonds.
If we were to do some quick math and look at national salary averages over the first quarter in 2020, the most recent data from the Bureau of Labor Statistics indicates that would equal $7,592 (based on 8 weeks.)
We know you’re most likely at home during this time and may be wondering how you can support local jewelers. One way you can support is by purchasing jewelry online. If you’re looking to buy online, or at least to begin your research before stepping inside a jewelry store, knowing what to look for may seem daunting. But it doesn’t have to be.
In all seriousness, the answer is probably yes. In most cases, it is financially logical for you to insure your engagement ring. Read to learn if jewelry insurance is right for you.
Buying jewelry isn’t the same as buying a new outfit. We’re willing to bet you buy a new piece of clothing at least every other month, so you’re kind of a pro. How often do you buy jewelry, though? Probably not nearly as often.
Read on to learn how you can find the right jeweler for your needs.
For many, the engagement ring is one of the most expensive purchases you encounter after a home or a vehicle. It's highly unlikely that you'll misplace an entire building or a car, but that tiny, precious ring might be a little nerve-wracking to keep track of.
You've found the one you want to marry. Great! Take these four thoughts into consideration when picking an engagement ring before you pop the big question.
