Guys who are ready to ask for a woman’s hand in marriage will inevitably attempt to figure out how much money they should spend on a diamond engagement ring, what the diamond will cost them and whether they will be able to afford a diamond engagement ring for their fiance. Most people have heard the expression that diamond engagement rings cost two months’ salary.
Where did the two months of salary idea come from?
The origin of the two months’ salary began with DeBeers, the largest diamond producer and diamond marketer in the world. In 1947, DeBeers decided to promote diamonds following the depressed wartime market. DeBeers launched a marketing campaign with a New York advertising firm. A copywriter penned the famous slogan “A diamond is forever” that is now synonymous with Diamonds.
De Beers wanted to bring diamonds to the masses, make them seem more affordable, instead of the wealthy and select few only being able to buy them. Accordingly, the price of a diamond for an engagement ring was set at approximately two months of salary.
This was a concept that everyone could understand, it was aimed at the groom-to-be and therefore made buying a diamond for an engagement ring achievable no matter whatever his salary was. No longer did people think of diamonds as being something which they could never afford, they now had a figure to relate to in simple terms – two months salary.
Thus the two months salary became the norm and in the mind of the groom it was the predetermined and acceptable price for a diamond engagement ring. As a general guide grooms usually spend between 10 – 20% of their annual salary on a diamond engagement ring.
There is no right or wrong amount to spend on a diamond engagement ring and many men do spend more than two months’ salary on their fiances engagement ring. Lets face it when the wedding and honeymoon are over; What is left? What will she wear every day as a memory?
The Rings! – A symbol of Your Love and Comittment
At Diamond Imports – www.diamondimports.com.au – we have an exceptional range of certified loose diamonds that create stunning diamond engagement rings.
You may copy this article and place it on your own website, as long as you do not change it and include this resource box including these live links to Diamond Imports http://www.diamondimports.com.au
Copyright © 2008 Diamond Imports Pty Ltd
http://www.diamondimports.com.au