I spent 3500 for the set, appraised at 8000. I got lucky in two ways. First, family friend is a jewelry wholesaler. Second, the ring was exactly what I was looking for and was completely custom but had been made for someone else who no longer wanted it. I got it for cost.
I think that you should have to save for the ring. It will give you time to think if this is really what you want or if it is what you think you have to do. I don't agree with the old 3 months adage, but making a sacrifice is what it is all about because you will be making sacrifices for the rest of your life once you are married.
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