Why should I spend more than a monthly salary on a engagement ring?

The cost of an engagement ring can vary widely, and there is no set rule on how much to spend. However, there are several reasons why someone might choose to spend more than a monthly salary on an engagement ring.

Symbolism: An engagement ring is a symbol of love and commitment, and some people believe that the cost of the ring should reflect the significance of this commitment. A higher-priced ring can symbolize the depth of the couple's love and the importance of the relationship.

Quality: A higher-priced ring is often made of higher-quality materials and is more durable. These rings are usually made with higher-quality diamonds and precious metals, which can make them last longer and retain their value over time.

Investment: An engagement ring can also be seen as an investment. Some people believe that a higher-priced ring will retain or even increase its value over time, making it a worthwhile investment.

Heirloom: An engagement ring is often passed down through generations as an heirloom, for this reason, people might prefer to invest in a higher-priced ring that will be cherished for years to come.

Personal preference: Ultimately, the cost of an engagement ring is a personal choice and should reflect the couple's budget and preferences. Some people may prefer to spend more to get a ring that they truly love and that has sentimental value.

It's important to note that there are also options to get a good quality ring at a more accessible price point, such as going for a smaller diamond, choosing a less popular metal or opting for a vintage ring. It's important to find a balance between what you can afford and what you consider as a meaningful ring.