> There is a bit of a cultural signaling to your future wife to say you are financially competent/stable that you were able to buy a diamond ring In modern cul

> There is a bit of a cultural signaling to your future wife to say you are financially competent/stable that you were able to buy a diamond ring In modern cultures I would assume the couple already knows each other and their financial situation before marrying. So why waste money on richness signaling especially if you are not rich?