As a result, you might not able to decide which type of circular diamond engagement ring is the ideal choice for your loved one. In addition to that, you will also hear a number of misconceptions or myths about buying circular diamond rings. One of the most common diamond ring shopping misconception that is believed by several customers is that they need to spend at least two or three months of their salary on the diamond engagement ring. This misconception was actually created by a diamond selling company in order to increase the budget of the customers and to boost their sales. This means that you do not have to spare months of your salary on the diamond engagement ring. All you need to do is to set aside a budget and try not to exceed it no matter what.