5 Neat Ways to Choose an Engagement Ring Without Breaking the Bank

An engagement ring is a status symbol that every guy desires to present to his fiancé when he pops the ultimate question. Harmless as this ring is, its cost implication could be devastating on both the guy and the new home that is to be established. According to the New York times, with an average ring selling for $4000, choosing an engagement with little or no knowledge of how to get an affordable one could affect payment of student loans, mortgages, and even the proper wedding expenses.

Here are five neat ways to choose an awesome engagement ring without breaking the bank:

1. Set a budget.

Having a budget when choosing an engagement ring for your beloved will guide you to choose wisely within your financial means. You don’t have to break the bank or run into debt in order to secure the commitment of your beloved. Gather enough information about the average prices of engagement rings as well as places to get them at lower prices. Making up your mind on how much to spend on an engagement ring before doing the purchase will keep you from going overboard. The interesting fact is that there is an engagement ring for everybody, irrespective of the amount you are ready to spend. Bear it in mind that an engagement is an occasion for celebration, not to run into a financial mess.

2. Consider buying used rings.

Every now and then, used engagement rings are put up for sale. While some sell their engagement ring in order to overcome the disappointment of a failed relationship, others do so to have an upgrade. If you search where these rings are likely to be sold, you are likely to get a ridiculous 20%-40% discount off regular retail prices. College bulletins, online stores, social media pages like Facebook, and focused blogs like Your Diamond Teacher are veritable sources of information on used engagement rings. Also, visiting neighborhood or indoor yard sales could be a breakthrough in your search for an affordable engagement ring. All you need do is ensure to get the ring appraised, or get a certificate of appraisal for the ring.

3. Expand your search.

More often than not, the best bargains aren’t found on the first few searches. You must be ready to search far and near in order to get the best bargains. Ask your friends and colleagues about how and where to get an engagement ring without breaking the bank. Ride on the experiences of the people that have walked that road before you. Visiting different jewelry stores to ascertain what they have and compare prices might not be a bad idea. Carry out an online search for a list of jewelry stores and get their prices. Also, a visit to antique stores would help give your search for an awesome engagement ring a new perspective.

4. Deviate from the norm.

The idea of a diamond engagement ring was initiated by De Beers some decades ago, and has since been the toast of all and sundry. That it is a tradition doesn’t mean it can’t be changed. Getting a ring other than diamond shouldn’t be off the table.

There are several precious gemstones that come cheaper than a diamond. Buying an engagement ring that isn’t a diamond doesn’t reduce the value you place on the occasion itself. Moissanite, White Sapphire, and Cubic Zirconia are precious gemstones that you could choose from. They come cheaper than diamonds and rank high on the scale of hardness, though not as hard as diamonds. While a diamond ranks 10 on the scale of hardness, Moissanite ranks 9.25, and a carat of Moissanite is sold for half the price of diamond. White Sapphire, on the other hand, costs a quarter of diamond, though diamond is about four times harder. Cubic Zirconia is also a much cheaper gem stone that weighs 8.5 on the hardness scale and goes for one-tenth of a diamond.

These are just some of the alternatives to a diamond at your disposal.

5. Buy a gem-free metal.

Your proposal with an engagement ring is an expression of your deep-seated personal feelings, not a dogmatic cue from popular culture. Therefore, don’t hesitate to get a real gem-free metal that adequately expresses the emotions you feel. Metal-only engagement rings come in different styles and suit the conservative lady who isn’t disposed to much flashiness. Mixed metals, a traditional Irish Claddagh ring that symbolizes loyalty and love, a knotted metal ring, a plain metal ring with an inscription or personal message, or a twisted plain metal ring are a few of the several alternatives to an expensive diamond ring.

Featured photo credit: Unsplash via pexels.com

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