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SHOPPING FOR INEXPENSIVE ENGAGEMENT RINGS  

Don't Pay More Than You Need To - You Can Find A Discount Engagement Ring If You Know What To Look For   

Also see inexpensive moissanite rings, antique style engagement rings and discounted wedding rings

discount engagement ring diamondYour diamond engagement ring should reflect your own personal style and taste, should be something that you’ll be excited to wear for the rest of your life, and your engagement ring should also should be something that won’t send your fiancé into bankruptcy. 

There are many options out there, and you can certainly find one that is both beautiful and fits into your fiancé’s budget, whatever that may be.  The trouble is, with so many diamond engagement ring options, most of us need a little help finding our way.

Diamond engagement ring shopping is a big deal, but it doesn’t have to be complete seriousness.  Shopping for an inexpensive engagement ring can be a lot of fun, so enjoy it! Use the below tips to make it easy.

Diamond engagement ring buying guidelines

Set a budget for your diamond engagement ring
inexpensive engagement rings, discount engagement rings, diamond engagement ring

 Ask your fiancé if he has a budget in mind for the ring.  One-month’s salary is generally the rule of thumb that the jewelry industry likes to suggest.  Your budget should be what he is able to realistically afford.  He may have a figure in mind already - ask him.  This will make it much easier for you both once the shopping begins.

This way, you’ll know that your fiancé isn’t spending more than he can afford and you won’t fall in love with a ring that is way beyond your price range.  Something to keep in mind is that many jewelry stores allow the buyer to upgrade the diamond at a later date - this allows you to get the diamond you really want sometime in the future.  Ask about this before you buy.

Learn the 4 C’s of Diamonds - Carat, Clarity, Color, and Cut 

These are the most common terms used when describing an engagement diamond.  Know the definitions to these terms and which elements are most important to you when deciding which diamond engagement ring to buy.  Then, when you’re choosing your diamond, you’ll know exactly what the jeweler means when he says you’re looking at a .70 Carat, G, SI1,Good Cut Diamond.


Shop Around For Inexpensive Engagement Rings

Don’t buy your engagement ring from the first shop you go into. It’s an emotional purchase, so you may be easily swayed to buy a diamond engagement ring that may not be exactly what you want.  If you love the first diamond engagement ring you try on, shop around a little and then go back and get it later.

When shopping for an inexpensive engagement ring, consider alternative venues.  The internet is an excellent place for discount engagement ring shopping, especially because of the lack of sales tax for many online purchases.  The rule is, if the online retailer does not have a retail store in your state, you will not have to pay a sales tax on your purchase. This can save you hundreds of dollars when current sales tax can go up to around 9.4% depending on where you live.  On a pack of gum, 9.4% doesn’t seem like much, but on a $3,500 diamond engagement ring, the total tax would be about $330.  Forgoing the tax can make the difference between an inexpensive engagement ring and an expensive one.

Also, consider buying in a “Duty Free” territory or country (like the US Virgin Islands or St. Maarten); you can save the money that would originally go to sales tax - this adds up to around a 7% savings depending on where you live.  You can do this while on a cruise or resort vacation (or by buying your diamond engagement ring from a website located in one of these countries). This is a great way to get a fabulous deal AND let her pick out the ring and the setting she really wants. Remember, she is going to wear the engagement ring for hopefully the rest of her life - let her pick one she really likes and will be proud to wear as opposed to you just guessing what she'll like!

Play with metals 

Diamond engagement rings come in a variety of metals from traditional yellow gold to white gold to platinum.  They also come in some alternative metals like titanium for those allergic to gold or on a tight budget.  As you’ll see, different metals will affect the look of your diamond - one that ranks slightly low on Color may look better with a yellow gold band than a platinum one because it better compliments the diamond.  

See yourself in shapes 

Commonly confused with Cut, the shape of the diamond will make a big difference in the appearance of the diamond on your diamond engagement ring.  The most typical shapes used are Brilliant or Round, Oval, Marquise, Princess, Emerald and Pear.  You may already have an idea of what shape you prefer, but when you try on your diamond engagement ring, you may be surprised about what looks good on your hand.

Don’t forget the setting 

When you start shopping for your diamond engagement ring, you’ll find that most of the shopping has to do with the diamond itself and not the setting.  That’s because the diamond is usually the bigger part of the purchase. But that doesn’t mean that the setting has to be an afterthought. Often, it’s the setting that catches your eye and in many cases, it’s the setting of the ring that makes your diamond engagement ring different from anyone else’s.

Get the perfect fit 

The size of your diamond engagement ring should be tight enough that it won’t fall off, but loose enough that it is comfortable for your finger.  To get the best fit, make sure that your hands are cool when your diamond engagement ring is sized.  Warm hands swell from heat and may result in a larger size than what’s needed. The good news is that most rings are easily sized down, so a change to a smaller size will be a simple adjustment.