Is it OK to buy a cheap engagement ring?

Is it OK to propose with a cheap ring?

Is it ok to propose with a fake ring first? The answer is yes because a diamond engagement ring loses 50% of its value as soon as you leave the jeweller. Exchanging a diamond engagement ring because she hates it could lose you thousands of dollars. There is a much smarter way.

What is a reasonable price for an engagement ring?

Washington spends the most on engagement rings with an average of $10,109, while California comes in second at $9,482.

Average Cost of Engagement Ring by State.

State Average Engagement Ring Cost
Arizona $6,684
California $9,482
Colorado $5,858
Connecticut $4,261

Is it OK to have a small engagement ring?

Small Engagement Rings are Great if You Have Small Hands

The size of your hands probably won’t change too much over the years. If you have small, petite hands then it might just make sense to go with a delicate and petite engagement ring.

How do you propose before buying a ring?

Proposing Without An Engagement Ring: Alternative Options

  1. If you know your partner wants to choose their engagement ring themselves then it’s a good idea to find an alternative to get down on one knee with, before you go shopping later! …
  2. Propose with a memento of some kind. …
  3. Ring box. …
  4. Write a poem, song or letter.
THIS IS FUNNING:  Best answer: How long can a baby be engaged for?

Is 20000 a lot for an engagement ring?

In reality, the average amount spent on an engagement ring is pushed upwards by big spenders, including people who spend $20,000 or more on their engagement ring. … Although the average amount spent is over $5,000, most millennials spend an average of $3,000 for an engagement ring.

Is 10k too much for an engagement ring?

$10,000 is quite a generous budget for an engagement ring. It’s certainly much more than the median amount spent on an engagement ring, which, according to the NY Times, is generally less than $3,000. … In short, you’ll have no problems affording a beautiful, elegant engagement ring with a $10,000 budget.

Is a 1 2 carat diamond big enough?

Is a half-carat diamond big enough for an engagement ring? Yes, absolutely. In fact, it’s a very good size for engagement rings – not too big and not too small. Just right, as Goldilocks would say.

How many carats is your ring?

In the United States, for example, the national average for an engagement ring is around one carat. In the United Kingdom, it’s 0.6 carats, and in Europe it’s even smaller, hovering at 0.5 carats.