The Reeds Engagement Ring Guide

November 11, 2022

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Thinking of taking that next big step? Welcome to our engagement ring guide! Below are some guidelines on how much to spend and how to shop.


Millions of millennials are at the stage of their life where they’re ready to propose. With a constantly changing economy and trends, this may seem overwhelming at first. Here are a few things to consider:

  • Your savings
  • Your current salary
  • Any debt you may have
  • Where you live geographically, prices may vary.

Spending three months' salary has generally been the rule of thumb for many years, but there’s no one-size fits all formula. How much you spend on an engagement ring is a very personal decision and varies from person to person. Statistics show that people are getting married later in life than they used to, which also can contribute to how much someone is able to spend.

Shopping for an engagement ring is now different than ever. Social media has changed the engagement industry and taken it by storm. Living in the era of instagram, influencers, and online shopping means you’ve probably seen thousands of rings online. Due to this, couples tend to have a good idea on what style they want before even stepping foot in a store! This is why it’s extremely important to talk to your partner and get their input.


With social media being high on people's radar, your first thought may be to shop online. Personally we believe that when you’re shopping for something as personal as an engagement ring, it’s nice to have a knowledgeable jeweler there with you every step of the way. We want you to be able to handpick the exact diamond you’ll be receiving, making your experience that much more personal. We value our customers and the intimate one on one relationships that we’re able to build with them, just by being in person. Typically an engagement ring is the first purchase our customers will make, and from there a lifelong relationship is created. From wedding bands, to anniversary gifts and holiday presents, we start to become family. 

But even with our knowledgeable staff, the best way to buy an engagement ring is to be an informed purchaser. It’s important to do your research on diamond shapes and the 4 C’s so that you know what you value most in a diamond. Below is all the information you’ll need before your first engagement ring shopping experience. Already done your research? Make your engagement ring shopping appointment with us!