How to Save Money When Buying an Engagement Ring

For many, getting married is a once-in-a-lifetime experience and, while a beautiful ring can cost a lot of money, there are many ways in which you can get a better deal.

Here are a few more tips on how you can save money and still buy an incredible engagement ring.

1. Do Your Research.

Buying an engagement ring isn’t just about walking into the first jewelry store you see and purchasing just any ring. You should do some research first, especially if it’s your first time investing in a ring. You should know at least the average price range of engagement and wedding rings before you go shopping.

There are plenty of different kinds of rings that can serve the engagement purpose. It doesn’t need to be that classic diamond ring we see in movies. The stones come in different shapes, sizes, colors, and styles, so make sure you consider all the options before you choose the right one for your girl.

Estate Diamond Jewelry offers plenty of unique, gorgeous gems from different eras, like vintage ones in all kinds of designs. And that’s not all. You can also use promo codes when available and get a discount when purchasing the ring online. We also offer free shipping and a lifetime warranty.

2. Use Online Calculators.

Estate Diamond Jewelry has an online engagement rings calculator that helps you discover how much you should spend on a ring. The calculator gets this information based on different questions you’ll need to answer, such as your annual salary, existing debts, and so on.

This way, you go shopping knowing what to ask for when you enter a jewelry store, and you can plan your budget in advance.

3. Pick the Right Time.

You know how chocolate is suddenly cheaper after February 14th? Well, it’s not a coincidence. Valentine’s Day is a popular day for proposals, just like Christmas and New Year’s Eve. So, buying an engagement ring anywhere between December and February could mean you’d pay more than usual.

If you’d like to save money on the ring, buy it anywhere between March and November. The proposal can still happen on Valentine’s Day, but you should purchase the ring in advance.

4. Think About Custom Design.

Some jewelers can make custom rings based on your input. Sometimes, these rings can turn out to be more affordable than just choosing one from the store.

It’s also a good idea to consider stones other than diamonds. There are multiple gems and rocks that look just as beautiful. If you’re really into diamonds, see if the jeweler can offer an “imperfect” one. Those imperfections are typically invisible to our eyes, but they can lower the price of the ring.

5. Avoid Chain Jewelers.

Chain jewelers like Tiffany’s or Cartier are known worldwide. They have brands that allow them to raise their prices more than you’d think. So, you might want to skip these stores if you’re on a budget.

Searching for smaller, individual stores or online vendors such as Estate Diamond Jewelry may get you a much better deal and the same quality.

Enjoy the Purchase

Although buying an engagement ring, especially negotiating the price of one, can seem like a stressful experience, it doesn’t have to be. Firstly, you should remember that you can absolutely negotiate the price of a ring and if you go prepared, you’re likely to be able to get a discount. Not only that, you’ll be able to enjoy the experience of buying the perfect ring for your future bride.