Diamond Jewelry: The Perfect Engagement Ring On A Budget

Posted March 19, 2020 by in Lifestyle
Woman showing off engagement ring

Planning the perfect proposal for your significant other is both exciting and scary. There seems to be so many things that need to be done and so little time. Not to mention the modern age of media that made staging a one-of-a-kind proposal difficult and demanding. The pressure is deafening because you want to make it perfect.

The perfect place, perfect atmosphere, perfect setting. And, of course, the perfect ring. Finding the perfect engagement ring is necessary for this once in a lifetime occasion. But, perfect does not always mean expensive.

Contrary to the age-old saying “Go big or go home,” you can buy your dream engagement ring while on a budget. If your beau truly loves you, rings will not matter as long as you two stay together.

Here are tips on buying an engagement ring on a budget:

The Perfect Engagement Ring On A Budget

  1. Consider Your Partner’s Style and Preference

Before buying the biggest diamond in the jewelry store, think about your partner’s style first. Is he/she a low-key type of person that enjoys minimal pieces? Does he/she like statement pieces that sparkle?

Take cues on what your beau likes before getting caught up on the modern trend. They will appreciate it more if it is something that resonates with their personality.

  1. Focus on the Cut More Than the Other Cs

Since you are now scouring the internet, you have likely stumbled upon the 4Cs (cut, color, clarity, and carat). The Four Cs is the universal system for grading diamonds (read more). This grade will determine its quality and value.

Diamond grading should be less of your concerns. You do not need a high-end D grade diamond to achieve a precious ring. Or a flawless one for your partner to deem it worthy,

You can sacrifice a diamond’s color, clarity, and carat when buying a ring. These minute imperfections are invisible to the naked eye. These are only reported in the certification grading that no one will care about. What you need to focus on is its cut.

A diamond’s beauty is seen through its cut. It is what gives a diamond the ability to sparkle. The more precise a cut is, the more brightly a diamond will shine.

  1. Work With a Direct Jeweler or Wholesaler

Let us admit it, the brand name often makes a ring more expensive. Wholesalers sell the same diamond for a lesser price. It will also give you a lot of options when it comes to its four Cs.

You can also buy from a direct jeweler and have the option to custom-design your diamond ring.

  1. Consider Your Sales Tax

Diamonds are as expensive as their sales tax. Any jewelry bought in a brick and mortar store is subject to sales tax. Especially diamonds. The more expensive it is, the higher its accompanying tax will be.

The good news is that there is a loophole to this problem. Thank the heavens for the internet! Buying from an online store gets you to avoid sales tax. There are only a few legitimate jewelry stores in the online world, like James Allen. So this might bring you to ask, does James Allen collect sales tax? Of course not.

James Allen Diamond is an “online-only” business, that is why every diamond purchase from them does not come with the burden of a sales tax. There are other “online-only” stores like them but be sure to check their legitimacy to avoid being scammed.

After buying online, ask the store to ship it in a state where there is a lower to no tax jurisdiction. This can save you a huge amount of money on sales tax.

  1. Opt for Unique Rings

Other colored gemstones like ruby and sapphire are also great choices for an engagement ring. A ruby’s unique red color makes it stand out from all other gemstones. Rubies are also durable. They are very tough and do not tend to chip or break easily. Since your beau will wear this ring for a long time, they do not need to worry about damaging it.

Giving a family heirloom as an engagement ring is also a good idea. Aside from practicality, an heirloom ring holds many significant memories. The history that it contains is what makes it more precious than any other diamond ring.

  1. Choose Sustainability

If you are keen on buying a diamond ring, choose a sustainable one rather than a mined-diamond. Sustainable diamonds are synthetic but excellent-grade. Accredited diamond laboratories cultivate man-made diamonds identical to those that earth’s mantle produces.

The unethical and abusive ways of the diamond mining industry should not be supported directly or indirectly (https://www.greenmatters.com/p/ethical-sustainable-diamonds).

  1. Spend Within Your Budget

Major purchases should come after intense planning and rational thinking. The same goes for buying an engagement ring. Think long term and look at the bigger picture.

There are huge financial commitments that come after getting engaged. Prioritize and establish a budget itinerary before spending all your money on a big, fat diamond.

Engagement Ring On A Budget

Do you have any budget friendly advice for brides to be? Let us know in the comments below!