How much should be spent on an engagement ring? When deciding the affordability, the buyer has to be rational and emotional when deciding on the price of the engagement ring. This is because of two factors: their partner’s expectation and the financial situation of the buyer. The goal is to find middle ground between the two. Averagely, an engagement ring should cost a maximum of $10000 USD. There exist several rules regarding the pricing of engagement rings, ranging from spending a two month salary on an engagement ring to the old rule of using the national average spending. But a buyer is always free to decide on the price to pay for the engagement ring.
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