The four-time Olympic gold medallist confessed she needs help planning her nuptials after the distressing incident.

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For many, a proposal is symbolic of the love and care you have for your partner, and your excitement for the future together.

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For a typical engagement ring, Daga said, about 80% of the cost is determined by the gem, with about 20% from the metal. For wedding bands without jewels, the price is driven by the metal.

However, many surveys suggest that most people spend between $1,500 to $5,000 on an engagement ring, with the national average in the U.S. hovering around $3,000.

In the United States, the average diamond engagement ring costs between $2,500-3,000. For those with a little more room in their budget but still looking to save where they can, here are some tips ...