How Much to Spend on Your Diamond Ring / Jewelry

What should I spend on a diamond?

Diamonds are virtually indestructible and therefore given as a symbol of enduring love. Yes, your love is priceless, but a diamond is a symbol and a rule of thumb is you should spend about two months of your annual salary if it is an engagement ring.

The old adage of spending two months salary is just one guideline. We feel you should spend whatever you can afford to spend. Remember, buying a diamond isn’t like buying a car, something that depreciates over time. Diamond jewelry will stay in the family for generations and tends to hold its value or appreciate. Diamonds are forever.