How much should you spend on an engagement ring?

Poll of the Day

rjsilverthorn posted...
I'm not really sure how well that holds up today. In the past it probably made sense since you would be taking on supporting your wife and would generally end up having kids shortly after, but now most couples are both working and already living together before they get married so it doesn't really make any major change in finances.

Marriage itself may not comprise a major change in finances, but it still marks a commitment to supporting each other (whatever form that takes) on a long-term basis, and a certain degree of financial stability is good to have before making that commitment. At least, that's my philosophy. Your mileage may vary, depending on what you prioritize/are concerned about in your own relationships, and I'm not about to pretend that I'm any sort of authority on the matter.
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