Shopping for an Engagement Ring on a Budget

It goes without saying that buying an engagement ring is a stressful and overwhelming experience. There are many factors to consider about the ring itself – the shape and size of the diamond, its clarity and carat weight, the metal for the setting, etc. Not to mention the challenge of getting the right size! The price of an engagement ring is heavily dependent on those factors so how do you find the right ring at the right price?

Learn The Basics

The beauty and quality of diamonds can drastically differ from one to another. Learning and understanding the “four C’s” (cut, color, clarity, and carat) can help with your budgeted search. Educating yourself on each element can help you choose a diamond that is beautiful, high-quality, and fits within your price range.

The cut does not refer to the shape of the stone, but its proportion, depth, and symmetry. A well cut diamond will shine, whereas a poorly cut diamond does not look as brilliant. High quality diamonds are totally colorless, while lower quality ones may have a slight yellow tint to them. Low and high-clarity diamonds can potentially look identical but can heavily affect the cost. The carat weight creates a huge price difference in diamond, but the beauty and sparkle of an engagement ring are what matter most. Decide on the cut, color, and clarity, then choose a carat that fits within your budget.

Consider Their Style

With so many engagement ring options on the market, it is essential to consider your partner’s style when shopping for wedding jewelry. Would they like a classic round white diamond with a pave band? Do you think they’d be overjoyed receiving a unique pear-shaped diamond with colored gemstones on either side? Since your partner will likely be wearing this ring their entire life, your choice is crucial.

Pay attention to their currently daily jewelry, enlist the help of friends and family, or use your intuition to get a good idea of what metal color, diamond shape and size, and style your partner would like.

Set Your Budget

There is advice out there that suggests you should spend two or three months of your salary on an engagement ring. However, that “advice” is actually a gimmick created by jewelers to sell more rings.

Once you have a better idea of what you are looking for, assess your financial situation and set your budget. A wedding can be a costly process. Purchasing an engagement ring you can actually afford will set you up for less anxiety and financial stress when it comes to paying for your special day. A wedding is a beautiful union between two people to express their love for each other, not an opportunity to put yourself into debt.

Do Your Research

Finding a reputable jeweler is the most important step if you’re looking for an engagement ring on a budget. Choose R&S Diamond Exchange for assistance you can rely on! Our friendly professionals can help you find a quality diamond or engagement ring at a price you can afford. We can discuss your budget and walk you through wedding jewelry options that your significant other will love so you can choose the right one to offer at your proposal. We have low-cost wedding rings available, as well!

Don’t worry about getting ripped off or overwhelmed by the options, call or visit us today to start your search and browse our selection of wedding jewelry.

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