• KAD: Should Women Buy Their Own Engagement Rings?

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    Source: Business Week

    In this day and age, many women feel compelled to chip in on buying their engagement ring. Many are breadwinners of the household, and in more recent years the cost of rings has grown immensely. The average ring now costs around $5,400. The cost of the average wedding? In the $30,000 range.

    Does it make sense that more women are willing to help fund their rings, or does that completely take the romance out of it? On the Facebook page of wedding website The Knot one user wrote: “If you’re getting married then it doesn’t matter who pays for what. It’s all coming from the same pot in the long run.”

    Another user added, “I put money down on my ring. My fiance and I have been together over 7 years now. We work together for what we want and need. We are a team.”

    Business Insider writes further: “Today’s couples are operating in a far more progressive society than their parents’ and parents’ parents. More than 60% of women have a say in what kind of ring they get, according to the Knot, and about one-third help set a ring budget with their partner.”

    What do you think? Should an engagement ring still be the financial responsibility of the one proposing, for tradition’s sake? Or do most men say, screw tradition those things are expensive!?

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