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Jonathan Clement's Blog: Happily Ever After: Engagement Ring Costs

FYI: I’VE DISCOVERED the solution for young people looking to save for retirement.

The typical engagement ring costs more than $6,300. Why so much? I recently learned there’s a rule that you should spend two months’ salary on an engagement ring. That means a guy earning $48,000 a year is expected to spend $8,000. Where did such a rule come from? Turns out it was started by the De Beers company. Need I say more?
Regards,
Ted
https://humbledollar.com/2019/02/happily-ever-after/
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