THE ENGAGEMENT RING:
Per a 2015 US Survey, the engagement ring accounts for a 4th of the overall wedding expense; averaging $5,871. 80% of grooms pay for the ring and half the brides in Western Countries choose their ring. 99% of grooms do the proposing; 16% occurring in December. The average engaged period last 14 months.
If choosing an engagement ring, you and partner should spend time researching rings; keeping record of those particularly liked. 35% of couples spend 3 months or less researching while 24% spend a little longer and the average spend 4-6 months with the internet being their main source. 56% of brides have decided upon a setting prior to purchasing ring with 23% having a particular stone in mind.
If preferring the traditional romantic practice of a surprise engagement ring, either put your trust in your partner’s ability to select one you will be happy with or make your preferences known; i.e., metal, single/multiple diamond/gemstone, setting, size/shape, if to match wedding band and your ring size.
When contemplating an engagement ring, you should consider if the ring of your dreams is affordable? If not, do you really want to go into debt to have such a ring? Ask yourself if doing so would make you happier or would spending beyond your means put a financial stress on your marriage? Of 3000 adults surveyed, those who spent $2,000-$4,000 on an engagement ring were 1.5 times more likely to divorce versus those who spent $500-$2,000 Those who spent under $500 had a higher divorce rate. Thus, the diamond size doesn’t have to be equal to your love; the importance being the promise of pledging yourselves to spend the rest of your lives together in marriage!
It is essential that you give serious consideration to your overall wedding budget in determining an available amount for both the engagement and wedding ring(s). Should your budget, require that you finance the engagement ring, take into account monthly expenses before agreeing upon a monthly payment. Be assured of your ability to make such payments without creating a financial struggle.
THE WEDDING RINGS:
It is recommended that you spend some time researching the wedding ring(s) while doing so for an engagement ring. In so doing, establish the specifics of your preferences; i.e., to match the engagement ring, metal, size and weight. As with engagement ring, consider what your wedding budget will allow to spending on the wedding ring(s); average cost being $1,575. Be sure to order your wedding ring(s) at lease four (4) months prior to the wedding; assuring sufficient time for possible resizing and engraving.
In our next blog, we will address budgeting for 2) The Honeymoon of the Series “Creating/Working with a Wedding Budget”.
This post is republished courtesy of Niceties & Nuptials Boutique.
Elizabeth and Dylan’s relationship evolved from friendship to something more during their time at Hobart and William Smith Colleges in Geneva, New York. On their eighth anniversary they planned a hiking trip in New Hampshire but what Elizabeth thought would be a day trip was really a romantic weekend getaway in a log cabin that Dylan had planned. On the first evening while sitting by a waterfall at sunset, Dylan proposed!
Elizabeth grew up in Vermont and always envisions having her wedding there someday. The couple wanted a vanue that was both indoors and outdoors, with a beautiful view. The Skinner Barn had everything on their checklist, and more. While the day of their wedding seems like a blur of amazing events, the feeling of love and support from their friends and family is what stands out to them most. An indescribable feeling of joy to accompany a surreal weekend of celebrating their relationship and marriage.
Elizabeth and Dylan have this advice for other couples: “All the details are fun (and sometimes stressful) to plan but remember what it’s all about. No matter what the details look like, it will be the most amazing day, celebrating you and your partner with so much love from family and friends. One thing we did is we took a moment to ourselves right after the ceremony, we walked down the aisle and went straight to the side of the barn, where they had set up a glass or champagne for us and we just had a few minutes to reflect and be alone, it was one of the most memorable moments of our wedding. So even if it’s only a few minutes, take it, spend a few minutes alone with your new husband/wife.”
featured professional | VENUE: THE SKINNER BARN | PHOTOGRAPHER: JAMY BEECHER PHOTOGRAPHY | CATERER: CATERING BY DALE | BOUQUETS AND BOUTONNIERES: MAD RIVER GARDEN CENTER | DJ: DJ LUIS CALDERIN | CAKE: MIX CUPCAKERIE | WEDDING GOWN: MAGGIE SOTTERO | GOWN BOUTIQUE: CAMILLA’S BRIDAL | FORMAL WEAR: BANANA REPUBLIC | MAKEUP ARTIST: VIVIAN INFANTINO | HAIR STYLIST: KRISTEN JARVIS | REHEARSAL DINNER: MAD RIVER BARN | PHOTO BOOTH RENTAL: MICHAEL TALLMAN PHOTOGRAPHY | RENTALS: VERMONT TENT COMPANY | TRANSPORTATION: ALPINE TRANSIT | FAVORS: CARMAN BROOK FARM | INVITATIONS: RUSTIC PAPERS | WEDDING OFFICIANT: LINDSEY FARRELL