Advice from The Avenue: How Much Do I Spend on an Engagement Ring?

Welcome to: Advice from The Avenue!

After our first blog post last week, I received several questions from readers related to getting engaged, planning a wedding, and how to make those difficult wedding decisions.  What better way to answer those than with some fun blog posts? Each week, I’ll be bringing you one question that I received and some advice on how to answer it! So here we go:

How much do I spend on an engagement ring?

First off – Congratulations on finding your future Mr. or Mrs.! Believe it or not, the hardest part is over and the fun is just about to begin! If you’re reading this blog post, you probably aren’t dealing with an unlimited budget. So here are 5 tips to consider when deciding how much to spend on the bling.

(1)          Spend what you can afford. The old rule of thumb is to spend two or three month’s salary on an engagement ring.  Some people look at that rule and think it’s too much and some think it’s too little.  Really, that rule isn’t one size fits all. Buying an engagement ring should not cause you to go into debt, be delinquent on other financial obligations, or put other important purchases, like a home (or a wedding) on hold. Consider how soon you want to propose and how much you can save between now and then. Here are some other things to consider when developing a budget for the engagement ring.

(2)          Consider diamonds, and then consider the many alternatives. Diamonds may be a girl’s best friend, but so are Sapphire, Morganite, Topaz, Moissanite, and any other gorgeous gemstone that accompanies a wedding proposal! Be sure to look at all of your options and take note of the wide range in prices.  The same goes for the metal: platinum, yellow gold, white gold, sterling silver, sterling silver, tungsten, titanium, stainless steel. These options greatly change the price tag of an engagement ring and should be considered just as much as the gemstone itself.

(3)          Do your research. On the 4Cs: Color, Cut, Carat, and Clarity. Stones and metals all have different characteristics that you should consider when developing a budget. Do your research to understand the differences in those characteristics and how budging on one may save you quite a bit on an engagement ring.

(4)          As your love grows, so can the ring. Throughout your marriage, you can upgrade your engagement ring as your budget and interests change. Many opt to keep the original engagement ring for sentimental reasons and others opt to trade it in. Either way, when deciding how much to spend now, remember that you can always spend more later.

(5)          Be creative. We are hearing more and more people forego the engagement ring and invest in something together to symbolize their lifelong commitment. A few examples: buying a puppy, taking a once-in-a-lifetime vacation, or paying off existing debts before tying the knot.


Have a question you want to see answered in Advice from The Avenue? Send us a message and we will feature your question and answer in an upcoming post!

Lauren + Chris | Springfield Manor | Thurmont, Maryland

From the moment I met Lauren, I always thought she was so stylish and classy, always up with the latest trends, and always smiling. So when it came time to plan her wedding, I knew it wouldn't be anything less than perfect. Partridge Avenue was honored to provide event coordination for this gorgeous spring wedding at Springfield Manor Winery & Distillery in Thurmont, Maryland. Lauren and Chris's wedding style was a timeless romance and classic beauty, filled with golds and pinks that were perfect for their traditional wedding.

See more spring wedding styles and more from this wedding on The Avenue. Are you planning a wedding? We would love to meet you and help you make your wedding dreams come true. Send us a message and let's chat!

Photography: Amanda Summers Photography

Florist: Blossom and Basket Boutique

DJ: DJ Eric Allure

Dress: Morilee by Madeline Gardner at Love It At Stella’s

Tuxedos: M. Stein & Company

Hair: Deanna Graham

Makeup: Makeup Dreams Jaelin Moxley

Caterer: Carriage House Inn

Cake: Main Street Sweets


A few weeks ago, I had the privilege to attend the Blog Your Own Business Workshop with The Garter Girl.  What an amazing experience! As a wedding planner, I hope the blog can be a source of inspiration for couples planning their wedding in the Maryland, D.C., and Virginia areas. Bridal bouquets, wedding reception centerpieces, bride and groom portraits, design themes, color schemes, what’s hot, what’s not…  You’ll find it all here on the Partridge Avenue Design & Events blog! Send me a message and tell me what you want to see on the blog next! For now, what better way to officially kick-off the fun then with some pictures from the workshop where it all started!

All photos credited to Red October Photography!


It's me... frantically taking notes and listening so intently to every word!

All of the details were adorable, but the sprinkles were by far my favorite!

These bowls from Sweet Green were quite possibly the tastiest thing I've ever had. I'd work through lunch any day with this kind of sustenance!

So much deliciousness from Sprinkles Cupcakes, who not only provided these awesome treats, but also the space for the workshop.

A huge thank you to The Garter Girl for putting on such an amazing workshop and sharing such valuable knowledge with so many of us in the wedding industry! No matter what field you are in, if you have a blog, you need to attend her next workshop and learn how to blog your own business!

If you're planning a wedding in the DC area, I'd love to hear from you! While I get the blog going, with wedding planning tips and inspiration, be sure to follow me on Instagram or check out our work from The Avenue!