An average person will reportedly spend around £2,000 to £3,000 on an engagement ring. A millennial (aged between 23 and 38) will pay around £2,000. According to the Office of National Statistics, the average UK take-home salary was £2,086 per month in 2020. Therefore, the average spend is about one month’s salary.

The average amount of money a British individual spends on an engagement ring has gone down by 19% over the past decade. A recent survey suggests that the national average for money spent on an engagement ring in the UK sits at £1,865, even though the average cost of an advertised engagement ring is £1,483.

A round cut ring is extremely traditional, so it has a lot to say about a bride and groom when it’s displayed proudly on the ring finger of a bride-to-be. This classic cut symbolizes the fact that this couple is traditional, on the conservative side, endlessly faithful to one another, and very loyal.

This arbitrary two-month rule would suggest that those who make $100,000 per year should spend a whopping $16,000 on an engagement ring. By this same rule, someone who makes $50,000 a year should spend about $8,000 for a ring.

Round cut. This is the most popular cut and also the sparkliest of all diamond shapes.

The requirements for a three stone ring to be described as a Past, Present & Future ring are simple, the design needs to incorporate three diamonds in the center position, and thus practically any three stone diamond ring design, may also be described as a Past, Present and Future ring, and presented either as an engagement ring, or an

An engagement ring is presented to a woman upon a proposal of marriage. Traditional engagement rings have a gold, platinum or silver band with a center diamond. You can also find engagement rings with a center diamond surrounded by smaller gemstones or small gemstones set into the band (called pave gemstones).

Popular for engagement rings, a round diamond – when brilliant cut – is sometimes referred to by its acronym, RBC ( Round Brilliant Cut ). Round brilliant cut diamonds have a round girdle outline, symmetrically placed triangular and kite-shaped facets and a table. This cut can have 57 or 58 facets depending on whether the diamond has a culet facet.