4 Tips For Buying an Engagement Ring to Save Money

An engagement ring is one of the precious pieces that a woman would ever own. In America, one can spend an average of $5000 on an engagement ring. However, there is no definite rule on how much would you like to spend on one. 

For some people, buying and owning an expensive engagement ring is a symbol of success and wealth. For others, it is a symbol of love and commitment of couples. As such, the cost of the ring might not be a major factor. Whether you spend fifty dollars or fifty thousand dollars on the ring, the meaning will remain the same. Thus, here are some tips on how you can buy an affordable engagement ring without sacrificing its quality. Using the tips below, you can successfully find an engagement ring even under $1,000: 

Set the Budget 

First, determine the budget you are willing to spend on an engagement ring. Assess your current financial situation along with the desires of your fiancé. 

Indeed, getting married can be a costly process. When you buy an engagement ring that you can afford, it will help you reduce your financial stress. For example, you can try silicone wedding rings because it still looks good. The focus will be on your partner and become more excited about marrying the love of your life. 

Try a Diamond Look-Alike 

Diamonds are popular engagement rings because they are prestigious and durable. Diamonds do not last forever but it is harder than other gemstones. With the increasing demand for diamonds, it becomes one of the most expensive luxury stones. 

To save money, you can choose to buy a diamond alternative instead. For example, you can opt for MoissaniteCo.

It is brilliant, tough, beautiful, and affordable than diamonds. It is almost indistinguishable from diamonds. Another option is the white sapphire, which looks similar to a white diamond. It is excellent for daily wear and a great alternative to a diamond. 

Don’t Just Follow the Trend 

Engagement rings must be classic and timeless. It will represent your love that will last a long time. As such, the goal is to find a ring that is a perfect match for your fiancé. Check out her current jewelry to have an idea of what would suit her style. Take clues from her current collections to have an idea of the piece that she will surely want to wear every day. For example, you can try silicone wedding rings because this one still looks good and affordable. 

Check the Cut and Clarity 

You can save big money whenever you buy the lowest color diamond that still looks colorless once set in a ring.  It will look identical to a flawless diamond assuming that all else is equal. For example, for round diamonds in white color, this can be an ‘I’ or ‘J’ color. Meanwhile, in yellow color, you can go down to a ‘K’ color. 

On the other hand, the cut of the diamond must never be sacrificed. If you take a rough diamond but cut it perfectly, it will be stunning. However, you have a rough diamond but cut it poorly, it will look trash.