People that spend $25k, $50k, and up on weddings are just doing it to either say they did so, or because they have parents who just throw money at their spoiled brat kids. Anyone who feels like they need to drop that kind of cash is fooling themselves.
For me, I was never the kind of guy who wanted to go through an elaborate wedding and ceremony but things change as you grow older. My fiance was married once already and after hearing what a terrible experience her first wedding was (stupid Irish Catholic traditions and MIL bullshit) I wanted her to have the day she always dreamed of, and I wanted to celebrate our marriage with our close friends and family.
We're getting married May 3rd in Myrtle Beach. Technically a "destination" wedding but not a far trip for many of the attendees. We're keeping it under 75 people, doing most of the planning or organizing ourselves, doing favors, table decor etc ourselves. All in, it's probably barely above $10k of our own money we're in for? And it's only that high because it's destination and we couldn't do the big stuff (cake, flowers, etc) ourselves. It's at my parents country club so we got the venue for nothing. My father is our officiant.
To step back, I did all the research for her ring myself. I didn't want her input or suggestions. If I don't know the girl enough to ask her to marry me, why would I be considering an engagement? I feel like if guys need the girls help for a decision like that, it's not the the right time. So I put some time into learning diamonds. Knowing what the levels of cut, clarity, color and weight meant. If I can spent months min/max'ing my Rogue's gear in WoW I can spend a few weeks researching quality gems that she'll wear forever. I ended up getting a great education from a local jeweler who went with me to a few places to show me how they overprice and scam poor sucker guys into thinking they're getting a good deal. Her ring is an Ideal Cut, H color, VVS1 at just under 1.25 carat. It's perfect for her hand/finger size. Nothing too gawdy or extravagant where it's an obvious "OMG STARE AT MY RING" piece. But it's also the ring she's going to wear the rest of her life, so it's worth putting the effort and a little coin into. I didn't even spend $4k on her ring and it's certified for $15k. Oh yes, and guysget the certificates and insure the ring. Don't be a moron or cheapskate on this.
All in all, everyones engagement and wedding experience is their own decision. What's right for me won't be right for anyone else. But in the end if you're TRULY happy, not just having to explain WHY you're happy, then you'll know it's right. And this one is.