Last updateTue, 22 May 2018 10pm

Survey finds Millennials would rather spend on travel than engagement ring


sell rings

It used to be that etiquette experts recommended spending twice your monthly income on an engagement ring. But that’s a big chunk of change, and today’s couples aren’t buying it—literally. Thirty-seven percent of Millennials say they’d sell an engagement ring to fund a major life purchase, such as a home, travel or higher education, according to a survey by WP Diamonds. That’s a bump up from older generations, in which only 23% would choose to hock the ring.

Millennials are also choosing to go with different kinds of engagement rings—simple gold bands and colored gemstones.

Read the full article at https://www.forbes.com/sites/kateashford/2017/09/28/4-out-of-10-millennials-would-sell-their-engagement-rings/#13e13fb86434