The jewelry industry is constantly evolving. Traditionally, expensive diamond engagement rings flooded the market, with few people having the purchasing power to acquire them. However, things have changed. Jewelry stores like moissaniteCo.com continue to offer more affordable alternatives than diamonds. Even though engagement rings are quite costly, you can work around the available options to get affordable jewelry.
Engagement rings are a big investment for your next life. Therefore, you should make every effort to get the best price for it. You can still reduce the cost of acquiring your engagement ring without compromising on the quality and experience for this special occasion. Most importantly, you can get an engagement ring design that meets your specific budget.
Here is what you need to do: –
1. Trade-off Color and Clarity
Do not insist on finding high-grade color and clarity for your gemstone. Compromising on these qualities can save you a good amount of money. It is not easy to notice small differences in these qualities with the naked eye. Therefore, do not pressure yourself to get the best clarity and color that are costly. Trading off this for lesser quality, which is not differentiable by the naked eye, will significantly lower the cost of your ring.
2. It doesn’t have to be diamond
You can choose a different stone other than a diamond. We have other options like moissanite that has proven quality. Therefore, you do not have to buy an expensive diamond, which remains a scarce gem. There are more affordable gemstones than conventional diamonds. Most importantly, they will give you diamond-like qualities for your engagement ring. With the many available gem options, you will have a stone that fits your budget.
3. Don’t Pick Three-Stone Rings
Instead of choosing complex ring designs that come at hefty prices, simple designs can save you enough money. Therefore, avoid Three-Stone Rings because they are quite expensive. Despite their popularity and elegance, these rings will cost you a fortune.
The more you have side stones for your ring, the more costly it becomes. Including these unique shapes in your engagement ring will add extra costs, which you can avoid. Other than being affordable, simple ring designs are great for sharing great experiences especially when you are not so sure about your partner’s tastes and preferences.
4. Consider different metals
Metals used for engagement rings have a significant impact on the final cost of this jewelry piece. For instance, gold and platinum create a huge price difference. Platinum is the most expensive to invest in. Therefore, it will help to think through this. In addition, choosing yellow gold will save you more money than picking white gold. Therefore, your metal choice counts in the final cost of your ring.
5. Avoid buying in even carat numbers
Instead of buying a 1-carat weight gemstone for your ring, consider getting a fraction of it. This approach will help you save a lot of money. Most importantly, no one will notice the difference between a carat gemstone from a 0.87-carat stone. Therefore, go slightly under a full carat if you want to save money on your engagement ring.
6. Choose more Stones Setting
Choose a stone with multiple stones or a cluster setting rather than one big stone. Typical examples are rings with a halo of small-sized stones around a slightly bigger gem at the center. That way, you will get a larger surface area and conspicuous appearance at an affordable cost than picking one large stone for your ring.
7. Avoid the Round Cut
Do not settle for a round-cut ring for your engagement despite its popularity. Going for something different and less popular can help in saving a significant amount of money. Other shaped rings cost about 25 per cent less than the round-cut gemstones on your ring. The increased demand for round-shaped rings has caused an acute rise in the price. Therefore, choose other shapes.
An engagement ring does not have to be expensive to bring out great experiences. Therefore, you can pick an affordable option and still realize your dream in your engagement. Save money by choosing affordable metals and stones and compromising on a few stone properties. Ultimately, you will realize huge cost savings by doing so. Use these tips to save money on your engagement ring.