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 That out-of-date advice came from a De Beers marketing campaign to create buzz around diamonds.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.)
What’s your biggest worry when it comes to your diamond? If we took a guess, it would probably be losing it. And while a missing diamond is a legitimate fear, you want to be careful about chipping your diamond as well.
Getting engaged is one of those life-changing moments that makes you want to shout from the rooftops.
It’s right up there with getting into your dream school, having your first baby, and finding out your grandma chose you to inherit her vintage sapphire necklace. (Okay, maybe that last one is just us.)