7 Ways to Save Money on an Engagement Ring

Engagement rings are great symbols of love and commitment between partners. However, they can be quite expensive. For that reason, it is wise to look into ways in which you can get value for money in this kind of investment. If you cannot afford a diamond, engagement rings made of Moissanite are cost-effective solutions to consider. They are more affordable than diamonds.

If you understand the jewelry market well, buying an engagement ring does not have to break your bank. You can get various options that meet your budget. Therefore, all you need is to study these options and pick one that matches your needs and requirements. Moissanite tops the most affordable and quality stones available in the market.

Buying Affordable Moissanite Engagement Rings

When there is not much at your disposal for you to spend on your rings, you can always work around your budget. The good thing is that you can still get good quality rings without spending a lot from your savings. Here are 7 ways to save money when buying engagement rings: 

1. Compromise on clarity and color 

Good quality rings are near colorless or colorless. However, the naked eye cannot easily tell the small differences in clarity and color. For that reason, picking gemstones with slight inclusions may still get you the solution you are looking for in your ring. Most importantly, this shade is affordable costs and therefore, it will save you good money. 

2. Avoid Round Cut Stones 

Round-cut engagement rings are the most common shapes among diamonds and their alternatives such as moissanite. This shape costs about 25 per cent more than other shapes. This is so because their demand is very high. To get that round shape, a lot of gemstone material is lost hence the high costs as well. Therefore, picking other shapes will help you save these extra costs. 

3. Pick Rings with Multiple Small Stones 

Pure diamond, moissanite and other types of stones are quite expensive. However, a ring with many small stones can amount to huge savings. It may sound strange but it is a sure way to save your hard-earned money buying jewelry. A typical example is a ring with a halo of small stones surrounding one large center stone. That way, you will still get a bigger surface area for a beautiful appearance at affordable costs.

4. Don’t Pick Even Number Carat Stones 

Get something in between one carat and another instead of picking even carats. Buying 1.87 carats instead of a 2-carat diamond will significantly save you from paying a lot of money. Therefore, this is a great idea if you want to buy engagement rings within your budget. No one can differentiate between these two sizes with a naked eye. 

5. Try different Metals for your ring 

Different metals for engagement rings attract different values and costs. Therefore, choosing silver and gold over platinum will save you some money. Platinum is the most expensive metal to use for your ring. However, it is not the only choice. You can choose from different grades of gold, which are mainly yellow or white. These two costs differently in that white gold is more expensive than yellow gold.

6. Choose Moissanite over Diamond 

Diamond is still the rarest gemstone on earth. Its sourcing is mainly through mining and thus makes it quite expensive. The good thing is that there are great diamond alternatives like moissanite. Lab-grown moissanite is more affordable than a diamond. Therefore, buying moissanite engagement rings will save you a lot of money. 

7. Do not pick Three-Stone Rings 

Three-stone rings are popular and beautiful. However, they come at a high cost. All these side stones resembling half-moons or trapezoids escalate the cost of your ring. Therefore, picking simple stones will help you save money. A ring does not have to be complex to serve its purpose. Therefore, this is also a great way to cut costs.

Your engagement ring does not have to be expensive. All you need to do is balance what you need with what you have. Understand the options you have in the market as highlighted here. Choosing affordable metals and stones, simple designs and different shades of stone color will help you save money. With these ideas, you can save money buying engagement rings.

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