If the size of a diamond engagement ring is supposed to symbolize how much your husband loves you, then my husband loves me about 97.5 percent less than the average spouse in New York State. That’s because the average person here spends $8,092 on an engagement ring, while my super awesome hubby spent only about $200. I hope I don’t have to point out to you how silly that is. Still, the diamond industry must have a heck of a public relations team because people still believe pledging their eternal love requires lining its pockets. American consumers spent a whopping $43 billion on diamonds in 2017, according to an annual industry report from De Beers. That’s $43 billion on rocks that are not even rare and that are often mined so irresponsibly that they are nicknamed “blood diamonds.” Nothing says “I love you” like child slavery, deforestation and debt, am I right? When my husband and I got engaged in 2006, it had nothing to do with setting aside … [Read more...] about Discount Diva: Putting a ring on it? Go ahead and skip the diamond
Average engagement ring size
Sections SEARCH Skip to content Skip to site index Your Money Subscribe Log In Log In Today’s Paper Your Money | The Secret to Buying the Perfect Diamond Supported by Wealth Matters ByPaul Sullivan Dec. 7, 2018 Tom Taira, a co-founder of the auto website TrueCar, was in the market for a new diamond for his wife, Stephanie. He wanted to replace the one he had given her for their engagement 10 years earlier with the diamond and setting that he wished he could have afforded then. But finding a 2.8-carat emerald-cut diamond that would fit the new setting was not easy, and he certainly did not want to overpay. The price would be $35,000 for just the stone. Mr. Taira is not alone in his search. This is a popular time of year to buy a diamond for a holiday gift or an engagement ring. But the gemstone has become increasingly expensive. Demand for diamond jewelry throughout the world hit $82 billion in 2017, a … [Read more...] about The Secret to Buying the Perfect Diamond
It can be tough to figure out your partner’s ring size without revealing your plan to buy them an engagement ring. To subtly get their ring size, there are a lot of hacks you can try. Ultimately, if all else fails, you can just ask your partner. Planning a surprise marriage proposal can be quite complicated. Not only do you need to keep the big event itself a secret, but you might also need to pick up an engagement ring that will not only amaze but also fit. Short of asking them directly, it can be tough to figure out someone’s ring size. If you want to pull off a flawless proposal, there are a few ways to make sure that you can actually slide that ring onto your partner’s finger when the moment arrives. Here’s how to stealthily find out your partner’s ring size without them knowing. First of all, it might help to know their height and weight According to the Swiss Gemological Laboratory, the average woman’s ring size is between five and … [Read more...] about The best way to find out your partner’s ring size before you propose
Buying an engagement ring can be a daunting task — and with good reason. Ring seekers spent an average of over $6,350 on this big buy in 2017, according to wedding industry site The Knot, which easily ranks the engagement ring as one of the most important purchases in a young adult’s life. The Knot also reports that nearly three in four grooms stated they encountered difficulties during their ring-purchasing journey, with over a third saying their main issue was not being confident they got a good deal. Though this particular kind of ring comes with a lifelong commitment and a high price tag, the process doesn't have to be so overwhelming. To help future engagement ring buyers, CNBC Make It reached out to Dennis Dalton, founder of Dennis Dalton Ltd. Fine Jewelry and jeweler in New York City’s diamond district, who has sold millions of dollars worth of rings during his 40-plus years in the industry. Here's how to avoid making the worst mistakes … [Read more...] about The 3 Worst Mistakes to Avoid When Buying an Engagement Ring, According to a Jeweler Who’s Seen Them All
Call it the 'Warby Parker effect.' The try-on-at-home model is coming to a jewelry store near you, or, more accurately, your front door. Joan Oleck Published 10:30 am, Thursday, May 24, 2018 Photo: WPA Pool | Getty Images Image 1of/1 CaptionClose Image 1 of 1 Photo: WPA Pool | Getty Images Need to Find Your Beloved Just the Right Engagement Ring? Here's a New Way How. 1 / 1 Back to Gallery It's probably too late for Harry and Meghan. But for the hundreds of thousands of couples slated to march down the aisle in June, traditionally the biggest wedding month, there's a new option out there for buying your beloved an engagement or wedding ring. Call it the "Warby Parker effect." Warby Parker disrupted the eyeglass industry by offering customers "home try-on" boxes of up to five frames, with free shipping … [Read more...] about Need to Find Your Beloved Just the Right Engagement Ring? Here’s a New Way How.