Instead, it’ll be glowing the glimmer of fiscal responsibility. The best part is, you won’t have to shamefully stare your emptied bank account in the face. They shine, sparkle and have unique designs you and your partner will love. Shall we say… $1,000? Believe it or not, there are plenty of engagement rings under $1,000 out there that do all the special jewelry things. Set yourself up for success in the future and agree on a price that works for everyone. After all, it’s the love and commitment that matters - not going into debt as a first step in partnership. Whether you’re making the choice solo or have discussed it being a joint couple decision, having a budget in mind is important. The engagement ring tends to be the first big expense in the wedding planning process. You can save money from the moment you decide to get married until you write a check to the band - starting with your engagement ring. Whether you’re paying for your wedding yourself or have a lot of family members engorging your “cost per head” tally, there are ways to save, make it special, and maintain your sanity at the same time.

There’s an immense amount of pressure to spend a lot on this special day, and I’m here to tell you that you don’t need to. There’s a lot to spend money on when it comes to nuptials including your tuxedo, the bachelor party favors, wedding accessory sets and even a backup silicone wedding band for workouts. The wedding industry was sized at $73.3 billion dollars in revenue in 2021 by market statistics experts, and that’s post-pandemic. Weddings are expensive, there’s no getting around it. Your wedding is many things - a celebration of your love, the greatest day of your life and, in most if not all cases, a giant financial headache. If you purchase an independently reviewed product or service through a link on our website, SPY.com may receive an affiliate commission.

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