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My advise from someone that has been there and done that, do most of your shopping in pawn shops and no name jewelry stores. You can and will find stuff that is just as nice as the big name jewelry stores at a fraction of the price.
Don't spend too much for an engagement ring just incase you two decide not to follow through with it. Remember if it gets called off she will be the one keeping the ring so don't spend more then you're comfortable losing for good. Save the big money rings for a wedding band.
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