How much to spend on an engagement ring?How much do I budget when shopping an engagement ring?(2021) 

There are many aspects when shopping for an engagement ring. How much to spend and how to budget for an engagement ring are important questions when starting into the process .
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This video discusses both practical and philosophical considerations for how much to spend on an engagement ring.
-How to decide what percentage of income to spend on an engagement ring
-How to account for non essentials in a budget
-How valuable is the intangible when spending your money
-What are some minimum standards for buying an engagement ring
-what is the law of diminishing returns