How much should a guy spend on an engagement ring for his lady? I read some where that a guy should spend like 2 or 3 months salary, or maybe that was probably just a cat who sells rings. I think that the price of the ring should not matter too much because it is more symbolic but donot want to be a cheapskate. What about things start to go sour and she does not want to give the ring back! You know she just going to pawn it anyway. Now the guy is left with a whole in his bank account.