How to Save Money on Engagement Rings

Perhaps you’re considering popping the question to your partner soon, or you’re just starting to research the cost of an engagement ring so you can begin saving up.

No matter what brought you here, this post will share everything you need to know about buying an engagement ring.

If you’re on a tight budget, you may be looking for ideas on how to reduce the costs of an engagement ring. Below are some tips that will help you find a beautiful piece for your partner while keeping your spending in check.

Opt for a stone that is lower in clarity. As mentioned above, internal inclusions and imperfections are usually untraceable with the naked eye and could only be seen under a microscope.

Select a Low Clarity Stone

If diamonds are too spendy for you, perhaps you’d instead consider a diamond alternative such as Moissanite, which is made from silicon carbide crystal.

Choose a Diamond Alternative

As mentioned above, Lab-grown diamonds will save you 30% or more when compared with naturally mined diamonds with similar specifications. For that reason, lab-created diamonds are a very budget-savvy choice.

Consider a Lab-Grown Diamond

Keep the cost of your engagement ring down by selecting a simple setting for your diamond. Consider a single solitaire on a white gold band for the most cost-effective and traditional solution.

Select a Simple Setting

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