It does indeed stem from there and now marketing had taken the place of this tradition, banking on a doubtful "If you love her you shouldn't even worry about money" point of view that does seem to work with a vast majority of people.
that is just bad economics and wasted money, the resale would have gouged you for money if you just replaced it like that. wait a few weeks and then just buy the ring as a couple you just netted an unnecessary loss at a time when you need to start financial planning together and you clearly have limited funds.
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