SETTING YOUR BUDGET
ENGAGEMENT RING GUIDE
ESSENTIALS IN SETTING YOUR BUDGET
Your budget dictates the engagement you will purchase for the love of your life. Much thought should be poured into preparing for the budget of your engagement ring. By knowing how much to spend, you’ll easily narrow down your options when it comes to the perfect ring.
At the turn of the century, many have come to the conclusion that when it comes to engagement rings, you should spend 2 month’s worth of salary, or maybe more. This is far from the truth. The notion of spending more on engagement rings has been cooked up by companies intending to boost diamond sales at a higher price at the close of the Second World War.
This being said, your perfect engagement ring need not empty your bank account. Although like the diamonds themselves, buyer choices are unique. While one may spend a little higher by saving up months before, another might go for the direct approach—simple yet elegant and costs less.
MAXIMISING YOUR BUDGET
Now that you have set your budget, the fun begins—planning the perfectly stunning diamond engagement ring. There are quite a few ways in which you are able to make the most of your money. Design the diamond ring of your dreams by considering the following options.
Consider a Golden Opportunity
One of the most well-known choice, when it comes down to engagement rings, is platinum, known for its durability and versatility, although it is the most expensive metal being offered. Other than the platinum’s commonly seen frosty hue, white gold is another option, which also comes in classic gold and rose gold hues.
Seek Strength in Numbers
Keep in mind that prices of diamonds are directly affected by the movement of the jewellery market, and one large stone will significantly be priced higher compared with smaller stones. So it might be wise to consider a ring embellished with smaller stones surrounding a central stone. Or you could always go for an arrangement of diamonds with varying weights. Just the same, your diamond engagement ring will sparkle beautifully.
Give a Fancy-Shaped Diamond a Try
Over three-quarters of diamond engagement rings sold features round brilliant diamonds, since they are the go-to choice for soon-to-be-married couples. You can always opt for something different such as fancy-shaped diamonds. These unique diamonds include princess cut, oval cut and marquise cut. The bright side of choosing fancy-shaped diamonds is that they cost significantly lesser compared with the most common round diamonds.
Go for an Underweight Diamond
Remember that there are diamonds that weight slightly below the cutoff, and these are significantly valued at a lower price point. Plus, the size difference is hardly noticeable.
Add a Pop of Colour
Lower the cost of your engagement ring by opting for something such as a coloured stone as your centrepiece. Emeralds, sapphires or rubies also add drama and uniqueness to your chosen ring, without compromising the beauty, yet lowering the price.
Use My Expert Help
Give some thought to the suggestions highlighted above. Then, when you are ready, I am at your disposal. I am here to make things simpler for you in picking the perfect ring. I can provide you with expert input in helping you with your choice and in supporting you in the design of your diamond engagement ring, maximising the best value for your hard-earned money.