But are you ready to part with three months’ salary as the diamond industry has traditionally suggested? If not, what’s your magic number?

Figuring that out can be a stressful, high-stakes undertaking. Engagement rings come with unique financial and emotional expectations. And in a relationship intended to last a lifetime, it’s the first big test.

“It does set a certain tone about whether a woman’s expectations will be met by her husband or not,” said ily therapist at the University of Southern California.

Even so, how much to spend rests in striking a balance between dazzling your beloved without tarnishing your future financial goals together. (more…)