According a new survey, more than 60% of men and women believe an engagement ring is worth spending money on -- to the tune of 1-3 months' salary -- regardless of the economy. In fact, 10% thought that the ring should account for 10 months' salary. The good news is, 41% of the women said they would help pay for the wedding ring.
MarketWatch unearths more details from the report, like:
- 94 percent of women say they preferred receiving a bright 3/4 carat diamond as opposed to a dull 1 carat diamond
- Eighty-four percent of women believe a diamond ring represents more than an engagement – it indicates one's style and personality
- Only 50% of men said they would be upset if their fiancee exchanged her engagement ring for a different model
- Eighty-five percent of women were surprised when their boyfriends proposed and 15% had a feeling the question was about to be popped