August 26, 2011

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D) Men are spending way less on engagement rings. “Engagement rings are supposed to be the ultimate symbol of love, but during this recession men can’t afford the giant rocks they once could. A new study by home insurance firm LV found that while many guys used to spend three months’ salary on a ring, now two thirds of grooms are spending only about three weeks’ salary. So while men used to cough up $8,000 on a ring the majority are now spending around $2,000.”

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