GDPThis is an abbreviation for Gross Domestic Product, which is the total value of all goods, services, agricultural produce and minerals extracted in a country or area, usually in one year.
Rule #4: Spend the Average Cost of a Ring. According to the a 2013 report by Jewelers of America, couples spent an average of $4000 on an engagement ring in 2012. You always have the option of presenting your potential fiancÃ©e with this information and suggesting he or she spend the average amount.
While setting a budget for how much to spend on your engagement ring is one thing, maximizing the value within that budget is even more important. Make sure your jeweler knows how to look for great values on diamonds, and really pick a stone that maximizes dimensions without loosing any brilliance.