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Some couples are no longer getting engagement rings — here are 10 modern ways people are proposing to their partners

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Considering recent news that millennials are changing marriage statistics nationwide — with people being more selective and waiting longer to marry — it should come as no surprise that young people are breaking with tradition in other ways, too, when it comes to tying the knot.

Rather than spending $6,351 on average for a wedding ring, people in the US are opting for more modern, unique, and personalized options to symbolize their love and commitment.

Here are 10 great options if engagement rings are not your style.

Matching tattoos are definitely a commitment.

You can still use your ring finger to signify your engagement even if you don’t get a ring. Some couples are getting matching tattoos on their ring fingers, according to the Independent. In fact, the #weddingtattoo already has over 6,000 posts on Instagram. 

This is a typically cheaper route that is also much more permanent. 



Invest the money.

In 2014, Tara Siegel Bernard broke down for the New York Times what would happen if you invested the cost of a high-quality engagement ring. 

She wrote:

But let’s just pretend for a moment that you invested $12,700, or the current benchmark price for a high-quality one-carat diamond, according to the Rapaport Diamond Index, an industry benchmark for diamond prices. In a portfolio of 60 percent stock funds and 40 percent bonds with a real return of 4%, that $12,700 would rise to about $27,830 after 20 years, and nearly $41,200 after 30 years (that’s after inflation), according to calculations by Vanguard.



Start a personal "honeyfund."

According to Time magazine, today, nearly four in 10 brides have an online "honeymoon fund," where, in lieu of gifts, they ask friends and family to donate money for their honeymoon. This growing trend signifies an even bigger truth, people are beginning to put more emphasis on the importance of a honeymoon. 

 wrote on PsychCentral that honeymoons are important as they are a "celebration of their new identity as a married couple."

 



See the rest of the story at Business Insider

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