You might not be surprised to hear that "How do I save money on an engagement ring?" is a question we get all the time. It's true — an engagement ring is a huge investment not only for your relationship, but for your finances as well. Our best advice is to plan a budget and STICK TO IT.
Online jewelry store Trumpet and Horn helps you get a little more bang for your buck with the following tips:
Photo Credit: Natalie Franke Photography
1. Compromise on the 4 C’s.
2. Consider colored gemstones.
If you are more of a non-traditional type, check out rings with colored stones. Non-diamond rings such as opals, amethysts, garnets, pearls, emeralds, sapphires and tanzanite are often less expensive, and you can typically upgrade the size of the stone.
3. Go for more than one stone.
Cluster and halo rings give off a much bigger appearance than a solitaire, and they are typically less expensive. A ring made up of several smaller stones can provide that "wow" factor without breaking the bank!
4. Choose a ring with fancy metal work.
One way to cut costs is to buy a ring with fancy metal work. Intricate settings not only add to the beauty of the ring but also create the illusion of a bigger stone.
5. Shop vintage.
An excellent reason to buy a vintage engagement ring is because the diamonds have already been mined decades ago, thus reducing labor costs. Additionally, with vintage engagement rings you skip the traditional markup of up to 40-50% that retail stores typically add on for new engagement rings.
See the difference with your own eyes in this infographic:
This article originally appeared on Trumpet and Horn.