| Before beginning the diamond buying
process, start with a budget. Whether you have $1,000, $10,000 or
$100,000 to spend, there is a diamond to match your budget. How
much should you spend on an engagement ring? It really depends on
what you can afford. The Diamond Trading Company, a De Beers marketing
organization has set a guideline of two months salary.
Don't put yourself in financial hardship to buy a diamond. And
remember, set aside something for the setting too. Yellow gold
or white gold settings generally sell for $100 to $1,000. Prices
differ mainly depending on the size and thickness of the ring.
Comparative platinum settings may cost in the region of $300 to
$3,000.
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