How Can I Save Money To Buy An Engagement Ring?

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There are many factors to consider when buying a diamond ring. Some qualities are more crucial than others—and it's important to know the deviation.

Learn what to look for when information technology comes to Cutting, Color and Clarity . Rather than guessing at which grade to choose for each quality, review our adept tips in this guide. You lot'll relieve money on your engagement band by ensuring you don't overpay for a feature that will become unnoticed.

Most chiefly, we recommend ownership your diamond from a highly reputable vendor. To get the best value and beauty for your budget, choose Bluish Nile, James Allen or Brian Gavin Diamonds. For gemstone jewelry, opt for Leibish & Co.

How to Save for an Appointment Ring

We all know saving coin isn't easy. But it is possible, and for something equally important every bit an appointment ring, information technology's worth some pocket-size sacrifices.

First, take a budget in mind. Once you lot know the goal, saving to encounter that goal will exist much easier. Then, it just takes some smart decisions and financial subject field. Instead of trying to salvage a huge sum at once, put abroad small amounts here and in that location. Make regular deposits to your savings from your paycheck, and make regular, budget conscious choices that save a few dollars. The savings will stack up surprisingly quick.

A few smart moves and forward planning to save up prior to purchasing a ring will benefit you greatly long-term, as y'all'll be able to avert high-involvement credit cards and financing.

The adept news is you don't need to relieve an exorbitant amount of money for an engagement ring. By following some prudent tips, setting a budget and sticking to it, you tin can get your loved 1 a gorgeous ring that doesn't toll the world.

Top Means to Save Money on an Engagement Band

From general budgeting advice, to picking out the best value ring or diamond, here are the best ways to salvage money when shopping for an engagement ring.

1. Fix Your Limit
2. Scout Out for High Interest Rates
3. Know the Return Policy
4. Go Your Ring Insured
5. Shop With a Reputable Vendor
6. Stick to Certified Diamonds (GIA or AGS)
7. Focus on Quality (Specifically Cut)
8. Evaluate Your Diamond in Relation to its Setting
9. Opt for 14K or 18K Gold Instead of Platinum
10. Go With Fractions
11. Think About a Halo Setting
12. Consider a Colored Gemstone Alternative

When buying an engagement ring, it can exist hard to know when you're getting a adept deal and when you lot're getting ripped off. Luckily, with a few expert tips, you'll accept the keys to saving money on diamond rings without sacrificing on quality. Your coin will exist put toward the aspects that most greatly impact beauty—giving you the maximum value for your budget.

one. Set up Your Limit

The easiest fashion to spend besides much on an engagement ring is not having a strict budget. This makes it far too piece of cake to walk in and fall in love with a specific stone or ring, and ignore things that will keep the price down.

Have a number in mind when you lot're shopping for a ring that represents the maximum toll you're willing to pay. Do a niggling research earlier you outset searching, to know what yous tin can realistically await within your toll range, and you'll be less probable to be suckered into spending more than than you want.

ii. Lookout Out for Loftier Interest Rates

A good fashion to end upward spending much more than your budget is to be sucked in past financing options that seem too practiced to be truthful. While it might seem like a peachy deal at the time to become a ring with no money down, or to put it on the credit card, it tin can result in the final toll of your band blowing upward far more than than you expect.

Brand sure y'all know all the fine print of any credit deals you sign up for, and don't buy a ring you tin't realistically afford.

3. Know the Return Policy

To avoid any extra costs or wasted money in the hereafter, you should know exactly when, how and under what circumstances you tin return the ring in the hereafter. Accept these details into account when deciding when to advise, just in case anything comes upward that requires yous to return or exchange the ring.

Peradventure your fiance doesn't like something about the ring, or worse yet, she says no. Most rings aren't inexpensive, and you don't want to be stuck with one and unable to return it.

4. Get Your Band Insured

Better safe than deplorable. Make sure you have insurance for your ring. That fashion, y'all'll be covered if annihilation should happen. Something as valuable as a diamond ring should always exist insured. Otherwise the dreadful moment that impairment or loss occurs will hitting so much harder.

Bank check with your existing insurance policy. Yous may be able to include the ring and become coverage for piddling added cost.

v. Store with a Reputable Vendor

Many diamond vendors and jewelry stores exist online and in brick and mortar locations. But they're far from being equal. In fact, the price you can pay for similar jewelry differs significantly. And so does the quality and beauty yous receive.

That's why nosotros emphasize beingness selective in the vendor you choose for your engagement ring or any other fine jewelry. If you're already because a particular vendor, be certain to read our review of the company start.

Throughout our thirty+ years of combined feel, we've vetted several vendors. Nosotros've learned which diamond dealers yous can trust and which ones you lot should avoid. To get the best value for diamonds and settings without overpaying, opt for i of the vendors below. You can as well design your own appointment ring with them which allows you to pay only equally much as you want to. Different shapes can be more affordable than others. The same applies to settings.

Nervous about shopping for jewelry online? Companies like Blue Nile and James Allen offer hassle-gratuitous returns.

James Allen

• Offers a wide pick of settings and styles
• Provides incredible imagery for all diamonds
• Emphasizes client service

Blueish Nile

• Offers a superb selection of diamonds and high-quality settings
• Maintains the largest online diamond inventory
• Focuses on excellent prices

Brian Gavin Diamonds

• Offers some of the all-time cutting diamonds in the earth
• Operates the "Brian Gavin Signature" Hearts & Arrows and Brian Gavin Black or Signature diamond collections
• Provides stunning options for 3, 4 and 5 Carat engagement rings

Leibish & Co. (Gemstones and Colored Diamonds)

• Maintains an extensive inventory of colored gemstone jewelry
• Offers a drove of fancy colored diamonds
• Creates all jewelry with loftier-quality settings

6. Stick to Certified Diamonds (GIA or AGS)

The best way to ensure you aren't overpaying for your diamond, is to cheque its certification.

A diamond certification is a document from an independent lab that describes a diamond and all of its characteristics, similar Cut and Clarity. The most common labs are GIA, AGS, IGI, EGL, GSI and HRD.

Each lab entity grades slightly differently, and some labs are significantly more than reliable than others. The reliability of a lab primarily comes down to their consistency. Some labs, like GIA and AGS, are highly regulated and consistent. They produce like results time and time once again.

You may notice that the price of a diamond can differ based on a lab's grading. For instance, an EGL H color diamond might exist cheaper than a GIA H Color diamond. The price difference exists because the EGL diamond would rank lower (likely an I or J) on the GIA calibration. And then instead of snagging a great deal, you actually stop upwardly overpaying.

Therefore, we highly recommend only choosing diamonds that come with an AGS or GIA certificate. This will ensure y'all're getting what you pay for. Fifty-fifty when going with a GIA or AGS document, you'll want to review the diamond closely with your own eyes. Every bit discussed to a higher place, exist sure to choose eye-clean when it comes to Clarity, and a diamond that appears white in relation to its setting.

If you lot're unsure if a diamond is priced too high, be certain to accept a diamond skillful review it before purchasing.

vii. Focus on Quality (Specifically Cut Quality)

From the 4 C's of diamonds, the cutting quality is generally the C that makes the biggest departure to how your diamond looks. The other C's (Color, Clarity and Carat) can be sacrificed somewhat without much outcome on the diamond'southward appearance.

When it comes to terms similar Clarity, it can be difficult to know what to look for. It's quite common to overpay for diamonds with the highest grade on the Clarity scale , when ane with a slightly lower form won't take much noticeable difference.

You lot should look for a diamond that'south middle make clean . It matters less which specific form you lot choose, and more how the diamond appears to the naked eye. When you lot wait at the stone yourself, whether online or in-person, look for blemishes and inclusions. Choose a diamond that appears clean, pregnant you lot aren't able to find any blemishes or inclusions, like in this SI1 0.81 Carat Round Diamond from Blue Nile .

In full general, VS1 and VS2 diamonds volition be eye clean. You'll have a cute diamond that appears the same every bit a flawless or VVS graded diamond, but y'all'll pay far less. With smaller diamonds, don't be agape to look at SI1 – SI2 diamonds also.

In comparison, an platonic or fantabulous cut can make a diamond appear larger than its carat weight indicates, and accentuate the beautiful points of the diamond.

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8. Evaluate Your Diamond in Relation to Its Setting

As with Clarity, you can overpay on Color without gaining whatever noticeable beauty. In general, diamonds in the G to I color range appear just every bit white as those in the D to F range. For instance, this I-colored diamond from Blue Nile appears white, and so does this G-colored diamond from Blueish Nile. The cost difference is 18%. While a jeweler might try to convince you lot that a D-colored diamond is the best mode to become, you're basically spending your money on something that won't be noticed.

To ensure your diamond looks white, identify information technology next to your setting color.

If choosing a platinum or white gold setting, you'll likely want to stick with a Thou to I colored diamond. If y'all choose a xanthous gold setting, however, like this Circular Cut engagement band from James Allen, you can probably select an I, J or even a Thou colored diamond, as information technology will still expect white next to the setting. Again, the goal is to non overpay for a feature that volition go unnoticed.

ix. Opt for 14K or 18K Gold Instead of Platinum

The primary departure between platinum and white gold is the toll. Platinum is much more expensive, without looking whatsoever different than white gold. Although like in price per gram, more platinum is required to brand a ring because information technology's denser.

For example, this cute halo setting costs $1,290 from Blue Nile in white golden. The platinum version of the band costs $500 more. So, rather than spend your money on a specific type of metal, opt for gold, as it's less expensive but still looks stunning.

Wondering what the departure is between 18K and 14K gold? 18 Karat and fourteen Karat aureate are both fabricated primarily of gold along with a mix of durable metals like nickel, zinc, copper and a rhodium plating (aureate by itself is relatively soft).

eighteen Karat is 75% golden, while xiv Karat is 58.3% gilt. Both gilded materials are durable and cute, merely the price difference can be significant. For example, this elegant 14kt white gold setting from Blue Nile costs $230 (for the setting merely), while the same setting in 18k gilded from Blue Nile is $400.

To salve the most coin on your ring setting, select 14K gold, or choose 18K gold over platinum.

10. Go With Fractions

Information technology's easy to get hooked on the idea of a 1 carat diamond, 2 carat diamond band or 3 Carat diamond band. And while Carat weight tin can touch how big a diamond appears, it's not the best indicator of beauty or even value. For example, this Very Good cut 2 Carat diamond stone from James Allen (costing $17,260) volition look dull compared to a stunning, Excellent cut 1.two Carat diamond from James Allen (which costs $vii,700).

And then rather than sticking to a specific carat weight, be flexible in what you're looking for. Achieving a certain Carat weight can brand your ring more expensive, just not necessarily more beautiful or eye-communicable.

Also, round numbered weights tend to come up with a higher price tag. People similar to brag nearly carat figures and the effect is a big difference in price for very niggling visible departure.

This is especially true for diamonds over or nether certain numbers. For example, a diamond weighing 1.fifty carats will exist significantly more than expensive than a 1.47 carat diamond. All the same to the eye, it volition appear almost exactly the aforementioned. Similarly for a 1.02 carat diamond versus a 0.92 carat.

You tin hands salve 15-20% on diamonds past purchasing an unrounded number, or buying a slightly lower weight. You can put these savings into buying a diamond with a higher quality cutting, which will be much more noticeable than carat weight.

11. Retrieve About a Halo Setting

When shopping for a ring on a upkeep, you'll desire to discover a diamond that appears bigger or better than its grade. Realistically, the value of the band is in the appearance and reaction it gets on a daily ground, non from what the numbers say.

A halo setting tin ofttimes brand a smaller carat diamond announced bigger, due to the circle of diamonds surrounding the center stone. This allows you to salvage on the diamond, but withal get your significant other an attending-grabbing band.

12. Consider a Colored Gemstone Alternative

If you prefer a unique, vibrant style, consider a gemstone ring instead of a diamond i. By choosing a gemstone, like a sapphire or ruby, you lot can save significant money. This emerald band from Leibish & Co., for instance, for a total of 1.57 carat costs $6,335. This 4.04 carat weight purple tanzanite band from Leibish & Co. costs $iii,950. While it's difficult to brand a direct comparing betwixt diamonds and other gemstones, you tin can discover stunning rings for an excellent cost. This advice goes for other types of rings like promise rings and ceremony rings likewise.

When going the gemstone route, we highly recommend shopping with Leibish & Co. They're known for their uncommonly beautiful stones, high-quality settings and competitive prices. Yous'll end upward with a stunning ring that's personalized for the ane you love.

Have more questions almost getting the best ring for your budget? Electronic mail our experts.

James Allen James Allen is the leader in online diamond sales. Their imaging technology is the same as inspecting a diamond with a jeweler's loupe. They have the largest sectional loose diamond inventory online and fantastic prices. They too accept the nicest collection of lab created diamonds online.Salve 10% off Lab Created Diamonds during limited time sale!

What we dear about them:

• No questions asked returns within 30 days of shipment. James Allen will transport y'all a paid aircraft label to return the ring.
• Lifetime Warranty
• Free International Shipping
• Free prong tightening, repolishing, rhodium plating and cleaning every 6 months
• Provide insurance appraisals
• One free resizing within 60 days of buy
• Free ring inscriptions
• Best-in-class high quality imagery of all diamonds in stock
• 24/7 Customer Service
• Best-in-class packaging

Bluish Nile Blue Nile is the largest and most well known cyberspace jewelry seller. They have a very large sectional online inventory. Their high quality images are communicable up to James Allens' and their prices are amazing. Blue Nile have generously offered our readers an exclusive one-time apply coupon. (Click Here to save $100 off engagement band settings)

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What we love about them:

• No questions asked returns inside 30 days of shipment. Blue Nile volition transport you a paid shipping label to render the ring.
• Lifetime Warranty
• Gratis Shipping
• Free prong tightening, repolishing, rhodium plating and cleaning every 6 months
• Provide insurance appraisal
• One gratis resizing within the first year of purchase
• High quality images of about half of their diamonds
• 24/vii Customer Service
• 100% credit towards future upgrades (must be at least double in value)
• Best in class fulfillment

Still afraid of getting ripped off?

Earlier y'all purchase a diamond, get personal buying advice from industry veterans. We'll help y'all get the best diamond for the money.

Ask your diamond purchase question hither

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