When Selling an Engagement Ring Makes Financial Sense

Sometimes even the best laid plans meet their demise and, unfortunately, weddings are no exception. The average wedding in the United States costs between $15,000 and $30,000. When a wedding gets cancelled, besides the emotional toll taken, there are practical matters like recouping whatever money can be salvaged from the canceled event to consider. There is one option that might help recoup some of the losses: sell the engagement ring.