How Much Should I Spend on a Diamond Ring?

Posted by admin on October 18, 2008
How Much Should I Spend?

What is the right amount to spend when buying diamonds?

The selection of beautiful diamonds is almost limitless today. For virtually every budget, there is an option that will surely please the one you love. Also, keep in mind that the love that diamond stands for – not the size or cost of the stone – is more important to a woman than anything else. A diamond is a symbol of enduring love and commitment. A diamond engagement ring is a once in a lifetime gift; and every man wants to be sure that his diamond choice –or the choice they make together – is everything she hoped for and dreamed of.

Emotion aside, when buying diamonds you also want to make sure you are not overextending yourself. So, finding the right balance is key. The first thing you want to be assured of is that whatever diamond you purchase, you have done your homework on how to buy diamonds.

So, what is the right number? If you’re buying a diamond engagement ring, the commonly accepted guideline for purchasing diamonds is two months’ salary. That number may work for some people and not for others.

We, at The Canadian Diamond Buying Guide, highly recommend that you don’t debate the merits of the diamond engagement ring spending guidelines with your potential fiancee! In fact, it’s probably more important to look for a lovely, classic, timeless diamond engagement ring instead of sticking to the old “the bigger the better” philosophy.

Let’s buy that special lady a great diamond :)