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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
