Couples that want to save money or do not want to support the diamond business repurpose ancestral jewelry or divide the purchase of a new ring. This manner, an engagement ring may be special to the pair while being affordable. The tradition of sharing the cost of an engagement ring dates back to the early days of marriage when diamonds were expensive. By dividing the price of the ring, the couple can still have a symbol of love and commitment while saving money. These days, it is common for couples to spend what they can afford on their engagement rings. If you are on a budget, you can look at alternative ways to show your love. For example, you could share other expenses related to the wedding or buy a pre-made ring in a store. It is up to the couple to decide how they want to show their affection and what they can afford. If you get married in a church, there might be a rule about not splitting the cost of an engagement ring. The priest or minister will know what rule if any exists in your ceremony and can inform you if this is the case. Otherwise, feel free to spend whatever you want on something beautiful for your partner. Spending money on each other's gifts is one way to show you care.