You’ve been with your partner for a year or two, and now you want to get married. Of course, the question is: how much should you spend on an engagement ring? This can be a hefty sum of money that many people don’t have.
Luckily, there are ways to save money on your engagement ring. Here are six tips to help you save money on your engagement ring.
1. Know the Difference Between Quality and Class
There are many different metals with different appearances and qualities, but you need to know how to distinguish between them. Gold is a popular choice because it is associated with wealth and luxury. But that doesn’t mean that other metals aren’t equally as expensive.
For example, sterling silver can be just as expensive as gold, but it is not the same type of metal. Platinum is less common than gold because it is quite costly. It is often used in medical equipment and other high-end products. These materials have their specific purposes within jewelry design, so learn what each one looks like before making a final decision on your engagement ring.
2. Keep an eye on the prices of engagement rings in the market
You never know when a ring will be discontinued or have an unexpected price increase. Be on the lookout for rings similar to what you want and how much they cost. If you find a ring that’s within your budget but doesn’t fit any of your criteria, you can always keep your eyes open for something new and different. For example, diamonds are a popular option for engagement rings.
Diamonds have a higher cost because they’re durable and last long. When an engagement ring is made with gemstones, it can be more affordable than one that isn’t. Another reason that some brands price their rings at a higher cost is that they offer customization options. This means that your ring can be specially designed to match your style or even your partner’s preferences.
3. Consider an Engagement Ring With A Twist
There are many ways to make your ring uniquely you and your partner’s style. The traditional engagement ring is fairly straightforward. However, why not consider an engagement ring with a twist? For example, if your partner has a penchant for fusing two different metals, such as white gold with platinum, then one option would be to have the design of the ring be composed of both metals.
Another option would be to add gemstone like a sapphire or ruby into the design. And if you want a unique take on what constitutes an engagement ring these days, why not consider one that includes a hidden message that tells your partner how special she is to you?
4. Consider One That Is Unique
There are many different styles of engagement rings, some of which tend to be more expensive than others. One way you can save money on your ring is by finding something that is unique.
For example, if you’re looking for a diamond engagement ring, look at the diamond shape instead of just the size. If you see one that matches your partner’s profile or personality, this may be a good option for you.
5. Try a vintage engagement ring
The cost of the gemstones in rings is high. Buying a vintage ring is a great way to save money. That’s because the diamonds in the ring were mined decades ago. Furthermore, with vintage engagement rings, you avoid the extra markup that retail stores often apply.
You might also be able to find a vintage ring with inexpensive options. There are plenty of designers who design affordable engagement rings with unique twists, like using pearls instead of diamonds or using a halo style setting in place of a diamond solitaire.
6. Pick out a design that reflects your partner’s style
What kind of engagement ring do your friends and family think you should get? If they say you should go with a custom design, ask them for suggestions. After all, your partner will be wearing the ring for years to come. So it’s important to give them an idea of what they like.
If certain designs always make people laugh or feel happy, those could easily become their ring design. For example, if your partner loves anything that has to do with rainbows and unicorns, a rainbow-filled engagement ring would be perfect.
You don’t want to spend a fortune on an engagement ring that your partner isn’t going to wear out. Even if they love their engagement ring, consider that once you get married, the two of you will be making big decisions together, so it would be better to have a style that works for both of you.
It can be tempting to try and find the perfect wedding band for your partner, but it may not be possible. They might already have an engagement ring or might not like the idea of wearing one.
Frequently Asked Questions
Where to buy engagement rings?
There are many places where you can buy engagement rings. Online retailers like Amazon and Walmart often have great deals on rings. If you are looking for a modest ring, you should consider buying from a pawn shop or an estate sale. You can also try vendors like Etsy or even your local jewelry store.
Of course, if money is no problem, then you should go ahead and purchase the ring from a jewelry store. However, this option is pretty pricey, so it may not be the best choice for those with a smaller budget.
An alternative for jewelry stores are online diamond stores such as Blue Nile and James Allen. Especially James Allen is really popular for their lab grown diamonds. However, make sure you check the James Allen production time before you order.
What are the types of rings?
The type of ring that you choose will depend on what you want. The most common type of engagement ring is a solitaire. However, there are other rings like bands, clusters, and even three-stone rings. What’s important is to consider your partner’s style when choosing the ring type.
It can be an overwhelming and expensive process when it comes to buying an engagement ring. That’s why it’s important to take the time to think about what you are looking for, who it’s going to be for, and what you can afford. With some research, you can find the perfect engagement ring that fits your needs and your budget.