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By Coinage
February 22, 2017
Sports Illustrated Cover Girl Visits  Extra
NEW YORK, NY - FEBRUARY 15: Kate Upton, ring detail, visits "Extra" in Times Square on February 15, 2017 in New York City. (Photo by D Dipasupil/Getty Images for Extra)
D Dipasupil—Getty Images for Extra

Why are engagement rings so expensive? Historically, the purpose of the big rock was to guarantee the financial future for the bride-to-be if the wedding was cancelled and her marriage prospects dimmed. Nowadays, the engagement ring is just a very pretty symbol of love, not a financial investment — especially since the re-sale value of diamond rings is extremely low, often less than 50% of the original price.

In the video above, learn about different choices that could free up some funds for a nice honeymoon. You’ll quickly realize no one ever has to pay full-price for a great-looking ring.