How Much Should You Spend on a Ring?

There is no fixed rule

Old guidelines based on months of salary were marketing ideas, not financial advice. A sensible budget is one that does not create stress.

Set a range, not a number

Choose a lower and upper limit. This gives flexibility when comparing diamonds with slightly different grades.

Where trade-offs are common

Small changes can affect price noticeably.

• Choosing a carat weight just under a round number
• Selecting a near-colorless color grade
• Considering an eye-clean clarity grade
• Comparing natural and lab-grown options