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How Much to Spend on an Engagement Ring
… was for three months’ salary. In the 1970s, a Japanese ad stated, “A diamond engagement ring: worth three months’ salary.” With the increased globalization of the economy, the three months’ salary rule has spread around the world to become the de facto standard today. The two main things to take away from all of this are: The three months’ salary came from a marketing plan by the diamond and jewelry trade. It evolved over time from one month to three months. This is all…
