How much should you spend on an engagement ring?

Poll of the Day

Jen0125 posted...
However much the ring she wants is within your financial means? I mean if she wants a $200 ring buy it for her. If she wants a 200k behemoth maybe say no. It's all about your own finances and the partners preference.
This. My wife ended up picking out her ring while we were wandering through a store on vacation. No diamond, not gold, and only a couple hundred bucks but it was the ring she wanted. The whole concept that there is some appropriate amount of money to spend for an engagement ring was conceived by the people trying to sell you engagement rings and my general take is any person shallow enough to *demand* a ring over a certain cost is probably someone you shouldn't be marrying.