{"id":28784,"date":"2019-07-09T11:08:13","date_gmt":"2019-07-09T15:08:13","guid":{"rendered":"https:\/\/www.jewelry-secrets.com\/Blog\/?p=28784"},"modified":"2023-07-01T13:37:38","modified_gmt":"2023-07-01T17:37:38","slug":"lets-discuss-ring-budget","status":"publish","type":"post","link":"https:\/\/www.jewelry-secrets.com\/Blog\/lets-discuss-ring-budget\/","title":{"rendered":"LET&#8217;S DISCUSS RING BUDGET"},"content":{"rendered":"<div class=\"blog-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Lets-Discuss-Engagement-Ring-Budget.gif\" alt=\"Lets Discuss Engagement Ring Budget\" title=\"Lets Discuss Engagement Ring Budget\" width=\"200\" height=\"200\" class=\"alignright size-full wp-image-28788\" \/><\/div>\n<h2>How much?<\/h2>\n<p>\nFiguring <strong>how much you should spend<\/strong> on a diamond ring is one thing. Trying to buy her <strong>the ring of her dreams<\/strong> is another.<\/p>\n<p>\n<strong>The two are miles apart<\/strong>, and could be totally <strong>unrealistic or feasible<\/strong>.<\/p>\n<p>\nSure she may want a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.jamesallen.com\/loose-diamonds\/round-cut\/?Color=H,G,F,E,D&#038;Cut=Ideal,TrueHearts&#038;Clarity=SI1,VS2,VS1,VVS2,VVS1,IF,FL&#038;PriceFrom=200&#038;PriceTo=999000&#038;CaratFrom=1.00&#038;CaratTo=15.00&#038;Sort=Price&#038;Polish=EX&#038;Symmetry=EX&#038;Lab=GIA&#038;Flour=None?a_aid=JSDG\">1 carat diamond solitaire ring<\/a>, but if your budget is tight (<strong>and who&#8217;s isn&#8217;t?<\/strong>), then you may have to face the facts and <strong>buy what you can afford<\/strong>.<\/p>\n<p>\nIt&#8217;s like wanting a <strong>Lamborghini<\/strong>, you have to know your limits, and <strong>live within your means<\/strong>.<\/p>\n<p>\nSo figuring out what you should spend on a diamond engagement ring, should be based on <strong>what you make<\/strong>, of course.<\/p>\n<p>\nYou&#8217;ll have to seriously look at how much money you make a year, <strong>deduct 30%<\/strong> for taxes, then <strong>remove your bills<\/strong> from the equation.<\/p>\n<p><h2>What&#8217;s left?<\/h2>\n<p>\nDoing this will give you a better idea about <strong>what you can spend per month<\/strong>. But you still have to figure in other things like <strong>food<\/strong>, expenses, <strong>emergencies<\/strong>, and so forth. You have to eat, <strong>you can&#8217;t spend every dime on a diamond<\/strong>.<\/p>\n<p>\nNo matter what her girlfriend&#8217;s ring looks like, <strong>you&#8217;re not competing<\/strong> to buy the biggest or the best. You just have to get something that&#8217;s nice, something with sparkle, and something that&#8217;s <strong>beautiful to propose with<\/strong>. You can always <strong>upgrade later in life<\/strong> when the money tree starts growing.<\/p>\n<p><h2>So don&#8217;t rush it.<\/h2>\n<p>\n<strong>Don&#8217;t bite off more than you can chew<\/strong>.<\/p>\n<p>\nMost couples will spend anywhere from <strong>$1,500 &#8211; $5,000<\/strong> on an engagement ring. The average comes to around <strong>$3,000<\/strong>. And if that seems a lot, <strong>then move down to a grand<\/strong>.<\/p>\n<p><h2>There are many options as well that can help:<\/h2>\n<ul>\n<li>You can <strong>wait to propose<\/strong>, put it off for another couple of years.<\/li>\n<li>You can <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/amzn.to\/2LEbLvA\">buy matching wedding bands<\/a> to start, and get her engagement ring later.<\/li>\n<li>You can put the ring into <strong>layaway and make monthly<\/strong> (no interest) payments on it. That way you can chip away at the cost little by little&#8230; This moves you at your pace and <strong>doesn&#8217;t feel so frightening<\/strong>.<\/li>\n<li><strong>You can finance it as well<\/strong>, just be careful with rates and fees (<strong>some are sky high<\/strong>), penalties, on-time payments&#8230; otherwise, they could <strong>void your lovely interest free plan<\/strong>. You could easily double the amount of your purchase if you&#8217;re not careful.<\/li>\n<\/ul>\n<p>\nAnd, you can do other things like<strong> use trade-ins<\/strong> to help keep costs down (or wait until they have a sale, like during <strong>Black Friday<\/strong>).<\/p>\n<p>\nOr, see if <strong>family members have a diamond<\/strong> you can use. Many mothers and grandmothers have diamond rings <strong>they can pass down<\/strong>. You may get lucky. You could easily reset those diamonds into <strong>a brand new mounting<\/strong> to make it modern and unique as well.<\/p>\n<p><h2>There are many tricks to reducing price as well&#8230;<\/h2>\n<ul>\n<li><strong>Buying shy;<\/strong> buying slightly under the desired carat weight to cut cost; like buying a <strong>.93 point diamond<\/strong> instead of a <strong>1.00 carat<\/strong>.<\/li>\n<li><strong>Breaking the carat weight up;<\/strong> instead of one single 1.00 carat diamond, buy a ring that has <strong>multiple stones<\/strong> that all add up to 1.00 carat instead (see image below).<\/li>\n<\/ul>\n<p>\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Compare-Diamond-Prices.jpg\" alt=\"Compare Diamond Prices\" title=\"Compare Diamond Prices\" width=\"640\" height=\"432\" class=\"alignnone size-full wp-image-28787\" srcset=\"https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Compare-Diamond-Prices.jpg 640w, https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Compare-Diamond-Prices-100x68.jpg 100w, https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Compare-Diamond-Prices-300x203.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>\nThat&#8217;s probably your best bet to buying something affordable&#8230; <strong>smaller stones with lots of bling<\/strong>.<\/p>\n<p>\nAnd they make tons and tons of diamond rings with <strong>smaller center stones<\/strong>, that still give you <strong>a big look<\/strong>.<\/p>\n<p><h2>Take a peek:<\/h2>\n<p>\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Budget-Engagement-Ring-Styles.jpg\" alt=\"Budget Engagement Ring Styles\" title=\"Budget Engagement Ring Styles\" width=\"640\" height=\"508\" class=\"alignnone size-full wp-image-28786\" srcset=\"https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Budget-Engagement-Ring-Styles.jpg 640w, https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Budget-Engagement-Ring-Styles-100x79.jpg 100w, https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Budget-Engagement-Ring-Styles-300x238.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><h2>Some of these rings are even UNDER $1,000.<\/h2>\n<p>\nPlus, if you <strong>buy fancy cut diamonds<\/strong>, that often can reduce price too, <strong>anywhere from 20%-50%<\/strong>.<\/p>\n<p>\nAnd who says you have to jump right into an expensive engagement ring&#8230;<\/p>\n<p><h2>You can always buy a promise ring to begin with.<\/h2>\n<p>\nA promise ring is a diamond ring that looks like<strong> a small engagement ring<\/strong>. These can start from just <strong>$200 and up<\/strong>. Like these rings here&#8230;<\/p>\n<p>\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Beautiful-Promise-Rings.jpg\" alt=\"Beautiful Promise Rings\" title=\"Beautiful Promise Rings\" width=\"640\" height=\"421\" class=\"alignnone size-full wp-image-28785\" srcset=\"https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Beautiful-Promise-Rings.jpg 640w, https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Beautiful-Promise-Rings-100x66.jpg 100w, https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2019\/07\/Beautiful-Promise-Rings-300x197.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>\nGetting engaged <strong>doesn&#8217;t mean going broke<\/strong> or bending to peer pressure. That&#8217;s not a great way to start out your life, maxing out your income will only lead to <strong>stress and financial difficulties<\/strong>. You don&#8217;t want that coming between you&#8230;<\/p>\n<p>\n<strong>So take it easy<\/strong>, do what feels comfortable and obtainable. Not what you feel <strong>obligated <\/strong>to do. <strong>There&#8217;s a big difference<\/strong>.<\/p>\n<p><h2>Great places to shop for budget diamond rings are:<\/h2>\n<p>\n<strong><\/p>\n<ul>\n<li><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www.anrdoezrs.net\/links\/2767825\/type\/dlg\/https:\/\/www.zales.com\/wedding\/engagement-rings\/c\/0101010200?sort=price-asc&#038;q=%3Afeature&#038;loadMore=4\">Zales Budget Engagement Rings<\/a><\/li>\n<li><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/track.flexlinkspro.com\/a.ashx?foid=1097690.141487843&#038;foc=1&#038;fot=9999&#038;fos=1&#038;url=https%3A%2F%2Fwww.fredmeyerjewelers.com%2Fcategories%2Fengagement%2Fengagement-rings.aspx%3FINTCID%3DNav_Wedding_EngagementRings\">Fred Meyer Jewelers Budget Engagement Rings<\/a><\/li>\n<\/ul>\n<p><\/strong><\/p>\n<p>\n<strong>Cheers! :)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>How much? Figuring how much you should spend on a diamond ring is one thing. Trying to buy her the ring of her dreams is another. The two are miles apart, and could be totally <a class=\"mh-excerpt-more\" href=\"https:\/\/www.jewelry-secrets.com\/Blog\/lets-discuss-ring-budget\/\" title=\"LET&#8217;S DISCUSS RING BUDGET\">[Read More&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":28788,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,3,10],"tags":[],"class_list":["post-28784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diamond-guide","category-diamonds","category-engagement"],"_links":{"self":[{"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/posts\/28784"}],"collection":[{"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/comments?post=28784"}],"version-history":[{"count":0,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/posts\/28784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/media\/28788"}],"wp:attachment":[{"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/media?parent=28784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/categories?post=28784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/tags?post=28784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}