The Engagement Ring Budget Calculator estimates a ring budget from annual income and a one-, two-, three-month, or custom-percentage rule. It also divides the result into a 12-month savings target.
Example
With 72,000 / 12 x 2 = 1,000 saved per month for one year.
Limitations
Rules of thumb are not financial advice. Budget for debt, emergency savings, shared decisions, and actual jeweler pricing.