Tuesday 15 October 2019

Is €1,400 enough to spend on engagement ring if you earn a six figure sum?

Woman says high earning fiancé earning should be more generous with jewellery spend

Photo by Petr Ovralov
Photo by Petr Ovralov

Olivia Petter

Here's a question: Is €500 enough to spend on an engagement ring if you are earning a six figure sum?

How about a thousand?

What about nearer to €1,500?


That's the debate one woman sparked when she revealed that she was disappointed with the €1,400 (£1,300) engagement ring that her high earning fiancé bought for her, leading to accusations of greed and ungratefulness on her part by members of the online forum Mumsnet.

“His salary is nearing a six figure sum and he’s usually very generous,” the woman wrote, before she went on to explain that she would have expected him to splash out a little more on such an important piece of jewellery.

Feeling disheartened, she sought the advice of the Mumsnet community, asking if anyone else had ever been in a similar situation.

The response however, was far less comforting than she might have hoped, with people expressing shock and horror at the bride-to-be’s reaction to the ring’s price tag.

“Blimey. I'd have been delighted; talk about being ungrateful,” one commenter wrote.

“£1,300 quid is a lot of money to most people (I don't give a sh*t how much he earns) and you sound like the worst person imaginable. I hope he dumps you,” another added.

Others however were quick to offer their support, understanding why she’d expect her high-earning fiancé to splash out a little more on such a significant ring.

“I don't think it's unreasonable to want to be absolutely head over heels in love with a ring you'll be wearing for the rest of your life,” one wrote.

The woman explained how in an ideal scenario, she and her fiancé would have chosen a ring together.

"I would very kindly tell him that it's lovely but you would rather have a different style and ask if you can choose something together," one poster advised. "If you can't have that conversation with him then you probably shouldn't be getting married!"

"£1300 on a ring is a significant" said another poster, before asking how the woman found out the cost of the ring. "Earning a six figure sum doesn't mean he needs to drop several thousand on a ring for you. Its not joint money until you are actually married."

"Blokes can't win," said a user going by the name nocake.

"They're criticised if they don't pick the ring themselves and criticised if they do."

In the 1930's, leading diamond retailer De Beers launched a campaign suggesting people spend no more than a month's salary on an engagement ring.

With several of De Beers' rings now costing upwards of £20,000, it’s safe to say that their marketing strategy has changed somewhat over time, with some people going to extreme lengths in order to afford the luxury jewels.

What do you think people should spend on an engagement ring? Or should the concept be done away with altogether? Take our poll to have your say and leave a comment below.

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