Tips For Saving Money When Buying A Diamond Engagement Ring

24 February 2020
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Buying an engagement ring is a very big investment, both financially and emotionally. If you are planning on proposing marriage to your significant other, you most likely want to do so with a beautiful ring, especially since most women wear their engagement ring on a daily basis for many years. Diamond engagement rings have been extremely popular for decades, and continue to be one of the top choices today. However, diamond engagement rings are not cheap. But, that doesn't mean that you can't save money when buying a diamond engagement ring while still having a gorgeous piece of jewelry to present to your loved one. Use the following tips to help you save money when buying a diamond engagement ring:

Know What You are Buying

If you're planning to purchase a diamond engagement ring but you have a budget that you need to stick to, the best thing that you can do is take the time to become educated about diamonds before you begin shopping. The price of diamonds usually depends on the 4 C's- cut, clarity, carat, and color. Understanding these terms and knowing what to look for will help you select a diamond engagement ring that is a good value and not overpriced.

Shop Around

In this day and age, there are so many retailers selling diamond engagement rings, both online retailers and brick and mortar jewelers. When making a big purchase, such as buying a diamond engagement ring, it is always best to shop around first. There are no set prices when it comes to engagement rings, so you may find that similar rings can vary in price from one retailer to another. Taking the time to shop around and explore your options could help you save hundreds, or even thousands, of dollars on an amazing engagement ring that your significant other is sure to love.

Chose a Slightly Smaller Diamond

One carat diamond engagement rings are very popular, but buying a diamond with that is one carat or larger comes with a price premium. One of the easiest ways to save money on a diamond engagement ring is by purchasing a ring with a diamond that is slightly less than one carat. Almost no one can tell the difference between a diamond that has is 1 carat vs 0.9 carat, but opting for the smaller size can result in a much lower price tag when buying an engagement ring. 

For more information, reach out to companies that offer products such as A.Jaffe engagement rings.