HN user
Absolutely, there are considerations other than simply love. And to that point, I would argue that if a person values "financial wherewithal" in a partner, they wouldn't require the partner to drop tens of thousands of dollars on a fun but non-essential trinket.
That's a great original idea, but it's still predicated on the assumption that more money = more love, that the purpose of the ring is to impress others, and that there's reason to be ashamed of a $500 ring.
It's sad that American culture assumes that the man who spends $10K on a ring loves his fiancée more than the man who spends $500.
Several companies that produce diamond alternatives, such as lab-grown diamonds and silicon carbide stones, are growing and rapidly expanding their product lines. I think the reason for this is that people are questioning the wisdom of spending a ton of money because marketing campaign have told them they must if they love their partners.
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