Average engagement ring costs > $5,000

[yorost]

With the high school graduation I think it pays to consider that the students aren't often attending their own party since so many happen at once.  Where I grew up it was common for graduates to be hopping around to various parties in packs.  That was sort of our party, the specific parties really were more for the parents.

[Perpetual Change]

It seems like it goes both ways. Engagement rings are getting insanely expenses and people are just filing in assuming they should pay 2 months salary for one. Yet more and more people are also finding alternatives. I think that's a good thing. The whole "diamonds and gold" thing is a hollow tradition, and there's a lot of ugliness behind the scenes too.

[yorost]

If you read the original link you'll see the average cost has actually dropped $600 dollars in the last four years.  That suggests the opposite, that people are backing off.

[cramx3]

If you read the original link you'll see the average cost has actually dropped $600 dollars in the last four years.  That suggests the opposite, that people are backing off.

The last four years, people havent had as much money to spend.

[yorost]

Sure, but that doesn't mean you can draw you conclusions about people and prices from a receding price indicator. 

[Tick]

If you read the original link you'll see the average cost has actually dropped $600 dollars in the last four years.  That suggests the opposite, that people are backing off.

Well, in this day and age a lot of marriages don't last all that long. Mind as well keep saving for your second marriage so you can really get that big rock!
Second wives get the best jewelry.

[kirksnosehair]

There were 10 or 12 people at my wedding and we just got a few cases of beer and a case of wine and a boom box with a few CDs.  We had a blast.  We passed the hat and everyone tossed in a little bit of money and I think my wife and I ended up breaking even on the whole thing.  That was my second (current and final) wife.


My first wedding was absolutely ridiculous.  400+ people attended and I think I knew maybe 10 of them.  I have no idea what it cost.  Her parents paid for it.

[yorost]

Of course, none of us spent $90,000 on jetpacks for the ceremony...

https://www.huffingtonpost.com/2012/08/24/jetpack-wedding-amanda-volf-grant-engler_n_1826806.html

[rumborak]

Wow. Filing that one under "sounds really cool on paper, but is really lame in real life".

[kirksnosehair]

I can think of a lot better ways to unload $90 large

[rumborak]

I mean, had they hovered 100 feet in the air when getting married, that would have been cool. Still having your feet in the water ... eh.