Traditionally, the engagement party is hosted by the bride's parents, but friends of the bride and groom and other relatives may want to organize the gathering as well. The couple may opt to have two or more parties: one for relatives and family friends, for instance, and another for their own friends.
Then, are you supposed to bring a gift to an engagement party?
Nowadays, it's common for guests to bring a gift to an engagement party, but it's usually something small and sentimental. Don't feel pressured to give an elaborate or expensive gift. If you wish to bring a gift, you can, but bring it to the gathering itself.
Who is supposed to be invited to an engagement party?
The families of both sides, close friends, and wedding party members. Essentially, whoever is invited to the engagement party should also be invited to the wedding (just as with a bridal shower). Although not everyone invited to the wedding needs to be invited to the engagement party.
How much do you spend on an engagement ring?
Do not rely on an outdated two months' salary ruled that was invented by a marketer. Rule of thumb: Spend 2 months of your income on an engagement ring. Therefore, if you are making $1000 per month, spend $2000 on an engagement ring. If you're making $2500 per month, spend $5000.