The answer is yes, you can propose in any way, shape, and manner that you believe speaks to your unique love story. For some, a ring is a physical symbol of the emotional commitment their partner is willing to make for them. For others, its the commitment itself thats important, not the jewelry thats attached to it.

Is a ring necessary for engagement?

For some women, the ring is an entirely necessary aspect, as it honors a long held tradition and shows the level of commitment their partner is ready to make. For others, its unnecessary, albeit nice, way to mark their newly-engaged status but not something that would make or break the idea of marriage.

How much should I spend on an engagement ring 2021?

How Much to Spend on an Engagement Ring: Average Cost in 2021. The average engagement ring costs over $5,000 and the average wedding ring costs close to $1,000. The average engagement ring costs over $5,000 — more than most Americans have in their savings accounts.

How much should I pay for engagement ring?

General Rule: You should spend at least 2 months salary on the engagement ring. If, for example, you are making $60,000 per year, you should spend $10,000 on the engagement ring.

How much do Millennials spend on engagement rings?

Today, many women often earn more than men, while couples are often saddled with student loans and other debts. This may be why the majority of Gen Z-ers and millennials think spending somewhere between $100 and $2,500 is appropriate.

Whats the rule for buying an engagement ring?

General Rule: You should spend at least 2 months salary on the engagement ring. If, for example, you are making $60,000 per year, you should spend $10,000 on the engagement ring. See below on how we debunk this theory.