Many grooms-to-be are devoting only three weeks' income to an engagement ring; Miss FB" say; hivi what if you didnt like it ?can you tell him to go and get the one you like ? Mbuta nanga!!
Men planning their weddings are cutting back on what they spend on an engagement ring – and their fiancees are not happy.
Traditionally, a ring has tended to cost around up to three months’ salary – but now many grooms-to-be are devoting only three weeks’ income to the crucial purchase.
So while men in the past might have spent up to £5,000, that figure has fallen to just £1,230.
Research by home insurance firm LV found that nearly two-thirds of grooms are paying less than a month’s salary.
John O’Roarke, LV’s managing director, said: ‘It’s not surprising to see men tightening their belts in these tough economic times.
Regardless of how much a ring is worth, it is still a treasured possession.’
More than half of the women surveyed said they did not how much their engagement ring was worth. But most said they expected their man to spend at least one month’s salary on the ring.
Nearly four in ten grooms refused to reveal what they paid, and three per cent admitted that they exaggerated the cost.
Even Royalty have saved money on their engagement ring.
Prince William obviously paid nothing for the dazzling oval blue 18-carat sapphire and diamond ring he gave to his then-girlfriend Kate Middleton when he proposed as it belonged to his late mother.
Prince William obviously paid nothing for the dazzling oval blue 18-carat sapphire and diamond ring he gave to his then-girlfriend Kate Middleton;
Diana, who died in 1997, chose the elegant cluster ring after becoming engaged to Charles in 1981.
At the time it cost £28,000 and was from a selection presented to Diana by jewellers Garrard. Because it was not made for her specially, it was open to the public to buy.
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