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.
For new research suggests the average cost of an engagement ring today equates to a more modest three weeks of salary. It's lovely, but... Some two-thirds of men now spend less than one monthâs wages on an engagement ring, according to research by insurers LV.