How Much Should You Really Spend on an Engagement Ring?

If you’ve ever thought about getting engaged at any point in your life, you’ve probably at least pondered how much you and your potential betrothed should be expected to spend on an engagement ring. While there is certainly no set-in-stone amount, there are so many different rules and expectations when it comes to the cost of the bling that it can be overwhelming, confusing and downright frustrating (especially for the person making the purchase). There are even online engagement ring cost calculators that have been set up to help you navigate the process—but we also have some pretty solid answers to help you on your way.