Some of these responses are idiotic.
My agency manager, who makes multiples of 6figs spend $2500 on his wife's ring back in the day when he was fresh out of college with little money...and she still has it. I'm sure she'll get a nice upgrade one day...but it's not important to her.
I have friends who've spent 20K on a ring, and I have friends who've spent $1500. My BIL, 25, just proposed to his longtime girlfriend, and spent $2800 -- she's the happiest girl on this planet currently.
This whole notion that there is a "minimum" price range for a ring is absolutely stupid. Every personal situation (and woman) is different.
Set a budget, spend what you can afford, find something she likes, and if she loves you she'll be the happiest girl around when you put it on her finger. You can find nice rings in almost any price range, and DEFINITELY for a few grand.
Jesus.
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This post was edited on 1/22 9:34 AM by B.B.d.K.