How Much Should I Expect My Boyfriend to Pay for a Ring?

A couple, Hannah and Jeff, join the hosts to discuss how much Jeff should spend on an engagement ring. Hannah asks the question, and Jeff, her boyfriend, is brought on stage. Jeff, who works in tech sales and is debt-free, reveals he has discussed marriage with Hannah and has been planning financially. He mentions his parents suggested spending two to three months' salary on a ring, a common marketing idea often attributed to De Beers. The hosts debate this "two to three months' salary" guideline, with some finding it excessive and artificial. One host suggests a month's salary is plenty. Hannah admits she's talked about the desired ring size but doesn't know the cost, while Jeff hasn't priced it yet. The hosts advise Jeff to price the ring and discuss it with Hannah, emphasizing open communication about finances. The conversation broadens to prioritize financial goals as a couple. One host argues for more mystery in engagements, while others advocate for discussing all financial aspects, including the ring, wedding, honeymoon, and a house down payment, as a collective "bucket" of money. They stress that the simplest answer to how much to spend is what can be afforded at the time of the proposal. The hosts agree that while initial disappointment with ring size is possible, upgrading later is an option. They conclude by wishing the couple well and emphasizing that the engagement should reflect their shared values and financial priorities.