Chip In: Would You Help Buy Your Engagement Ring?

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Many modern couples are eschewing the tradition of the bride paying for everything that has to do with the wedding once engaged. Both parties are chipping in for everything from the cake, venue and even the attire. But it's been virtually unheard of for the person who proposes to ask his betrothed to chip in for the engagement ring – until now. Perhaps the bride-to-be has a say in the style of the ring and may even pick it out herself. These days, it's becoming more common for partners who plan to share their lives together to share the cost of the engagement ring and wedding bands. Many women don't want their partners to spend that "two months' salary" on such an extravagant purchase because the couple already shares their lives – and expenses. When two households become one, so does any debt or other significant financial decisions.