top of page

How Much Should You Spend on an Engagement Ring? A Luxury Wedding Planner’s Guide

Writer's picture: Katie TaylorKatie Taylor

Engagement season is officially here, and love is in the air (along with plenty of proposals). As you prepare to pop the question, the age-old question might arise: How much should I spend on the ring? Don’t worry; Katie Taylor Events is here to help you navigate this sparkling decision with grace, style, and just the right touch of practicality.


Bride's Engagement Ring and Wedding Band

Let’s Break the Myth: The Three-Month Salary Rule  


Once upon a time, someone decided three months of your income was the “golden rule” for buying an engagement ring. While this can be a helpful guideline, it’s far from a hard-and-fast rule. Today’s couples are ditching outdated standards in favor of what truly works for their budgets and priorities. Because, let’s face it, what matters most is not how much you spend, but the love the ring represents.


Portrait of Bride and Groom's Wedding Band in a wooden ring box

The Real Answer: It’s About What Feels Right


On average, Americans spend around $6,000 on an engagement ring, but this number varies widely. Whether you’re considering a smaller budget or planning to splurge on a show-stopper, the key is finding a ring that fits your partner’s style, your financial reality, and the story you want to tell as a couple. After all, your wedding (and let’s be real, your honeymoon) deserve their share of the spotlight too!


Bride's Wedding Rings and Groom's Wedding Band sit near a crystal glass

A Luxury Planner’s Perspective


As a wedding planner, I’ve seen it all—from vintage heirlooms to dazzling custom creations. And here’s the truth: Your engagement ring is just the beginning. It sets the tone for a wedding and marriage that reflects your love story. My advice? Spend thoughtfully on the ring so you can save energy (and a little extra budget) for your big day.


Bride's Unique Wedding Ring Created and Designed by Groom

Choosing the Perfect Sparkle: Tips From an Expert


• Know Your Partner’s Style: Are they classic, modern, or all about vintage elegance? A well-chosen ring is a thoughtful reflection of their personality.


Unique Wedding Ring for Bride with two blue stones and diamond accents

• Set a Budget: Whether it’s $2,000 or $20,000, start with a realistic number that feels right for you.


• Prioritize Quality: The “4 Cs” (cut, color, clarity, and carat) are more than buzzwords—they’re the foundation of a beautiful ring.


• Don’t Be Afraid to Shop Around: High-quality rings can be found at a range of price points.


Why Work With Katie Taylor Events?


Engagement season is the perfect time to begin planning your dream wedding. At Katie Taylor Events, we understand the importance of details—and it all starts with the ring. With years of experience as a luxury wedding planner, I’ll help you turn your engagement into a celebration of your love story, complete with elegance and sophistication. From recommending trusted jewelers to designing unforgettable wedding days, Katie Taylor Events is your partner every step of the way. Whether your ring sparkles modestly or shines like a star, together we’ll make sure your wedding day is nothing short of extraordinary.


Katie of Katie Taylor Events Smiles at the Camera

Your Love Story, Elevated


The engagement ring is just the first step in your journey together. Ready to start planning the wedding of your dreams? Let’s chat about how Katie Taylor Events can make your special day effortlessly luxurious. Visit my blog or contact me to begin creating your truly Taylored celebration.


Until next time!


~Katie



4 views0 comments

Recent Posts

See All

Comments


bottom of page