According to reported average, an engagement ring cost anywhere from $3,000-$4,500, but you can still buy one for a few hundred dollars, or a few million dollars depending on your budget.

Think of your engagement ring as a sublime symbol of the life-long marriage that you are equally committed to building. And if there is little planning a monetary disaster can be in the future.

A two months salary is often cited by jewelers to take the average cost of an engagement ring,but that is just the starting point,and climb up from there. Most young marrieds should keep the bulk of their budget for the upcoming necessities of life, not their jewelry and wedding party.

That being said, an engagement ring, when thoughtfully planned for and accounted for, may actually turn out to be a good investment, if just in case it is a serious investment and deserves careful deliberation.

A venture of $3,000 to $4,500 in a portion of jewelry for instance, should be placed on a part of durable value, of a design that will be useful for daily wearing and cuts off that minimum loss of value. Make sure you insure your diamond as real property, since diamonds are lost everyday, whether they are stolen, accidentally buried in the garden, or lost down a sink or toilet. The food can be a good choice for a baby or a church social or other things.

Protect your investment with insurance, if you wanna spend a lot lot of money on a ring and it is an investment to you treat it like one an insure it.

You can save money by choosing semiprecious stones set in sterling silver. A ring that represents your love and commitment does not have to be expensive, with gold, platinum and diamonds, but needs to represent the depth of your feelings. Keep in mind how many options you and your spouse have, and try to weight them out considering the advantages and disadvantages of all of them.

Do you want to spend traditionally? Even then, be wise to have the right choices which are permitted in the range of $3000 to $4500. If you use a larger stone, choosing from one of many diamond substitutes, and a more lasting and durable metal than soft gold, you can get at least as much bling - even if you want a more complex or ornate setting.

Maybe the alternative to purchase could be a stone that is not a diamond. You might try commissioning a jeweler to design a unique ring that will not have a duplicate made before or after it.

When it is a question of marriage, do not get chained by words like norms and average. Approach the event with all the commitment and focus that you would put into your married life in its entirety. The foundation of a strong marriage begins early and will ensure that the relationship last longer than the shine of a wedding ring.