Friday, 12 March 2010

  • Is Three Month's Salary is the Standard?

    Did you know that "market rates" exist for engagement rings? I just learned from a recently engaged Japanese friend that in Japan, guys are expected to fork out three months' worth of salary for this piece of rock. Is it me or is it normal to be startled by this "market practice"?

    **apparently when De Beers campaign(promoting that men should spend at least two months of their salaries on engagement rings) first started in 1968, less than 5% of Japanese women received a diamond engagement ring. Today, diamond engagement rings have become such an integral part of the Japanese marriage process that Japan is second only to the United States in the market of diamond engagement rings.

     

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