![Closeup of Julianne Hough's engagement ring. Photo: Instagram/juleshough](https://www.fashiongonerogue.com/wp-content/uploads/2015/08/Julianne-Hough-Engagement-Ring-Photo.jpg)
Dancer and television personality Julianne Hough recently announced her engagement to Brooks Laich. Now, take a look at engagement ring—a Lorraine Schwartz designed piece in an oval cut. The ring is estimated to be around $350,000 USD. If you are like most people and $350,000 is out of your budget, here is how much you should spend on a wedding ring.
![Julianne Hough poses with engagement ring. Photo: Instagram/juleshough](https://www.fashiongonerogue.com/wp-content/uploads/2015/08/Julianne-Hough-Engagement-Ring.jpg)