The old adage used to be ⅓ of your year’s salary, but thankfully that doesn’t ring true anymore! How much you spend on a diamond engagement ring is up to you and your partner and what you feel comfortable spending. This is a big step in your relationship and shouldn’t break the bank. Whatever amount you spend is the perfect amount. At Rare Carat, we have rings that can fit any budget. To get started browsing for options, click the chat button in the bottom right corner and you’ll be connected to a live graduate gemologist.