Tips on How to Save Money When Buying an Engagement Ring

Save Money When Buying an Engagement Ring

The festive season is right around the corner. You know what that means, right? Christmas and New Year’s. However, it also means thousands of men bending down on their knees, proposing to the love of their lives to spend the rest of their lives together.

While many of you may believe that Valentine’s Day is the most appropriate time of the year to propose, considering it is the day made specifically for the confession of love. That is not the case.

Most people are seen proposing during Christmas, followed by New Year’s eve taking the second lead. This may be because most of them find Valentine’s Day too mainstream to propose, or they simply can’t wait till February.

So if you are among those who will be proposing to their partners this festive season, you might be in search of a ring. If you want a ring on a budget, we are here to help.

How to Save Some Cash When Buying an Engagement Ring?

A big, fancy, extremely expensive ring isn’t necessary, neither does it define your love for your partner. Yes, while it is true that buying some posh things for your significant other may make them feel important, sometimes things can be heavy on the pocket.

Hence, if you want to spend the rest of your life with your partner and want to propose with a beautiful engagement ring, but, your bank credit isn’t supporting that. We are here to help. 

Weddings can be expensive, and in the near future you will have to spend on a wedding ring as well. While there are some engagement ring and wedding ring difference, it is better if you save some money on the latter if you are light on the pocket.

We are here with some great tips and tricks to help you buy a beautiful engagement ring while saving some money.

Compromise on the two of the four Cs:

While an engagement ring is just as important as the wedding ring, there are some things on which you can compromise. To start, we suggest you compromise on the color and clarity of engagement rings.

Color: Diamond rings are color graded and are present on a scale from D to Z. The D is completely colorless and in the white tone, while the Z is little on the yellow side. It is suggested to choose the range in between. So those tight on a budget should choose between a G or H graded diamond which is almost colorless with a very slight hue but cheaper than the D ones.

Clarity: Diamonds on the clarity range VS1 – VS2 are clearer than those in the SI1 or SI2 range. However, both look completely the same, with the V category slightly pricier. So if you are on a budget, you now know which one to pick.

The one with colored gemstones: If buying a diamond ring isn’t your priority, or you know it won’t matter to your partner whether their engagement ring is of diamond or not. Then your next best shot is gemstones.

Colored gemstones like Tanzanite, Opal, Sapphire not only look beautiful but are more on the less pricey side. These stones are breathtakingly gorgeous and will definitely make a beautiful engagement ring without being heavy on your pocket.

Save on the Shape: If your significant other doesn’t have her heart set on one shape when it comes to engagement rings, then you, my friend, are in luck. The shape of the ring not only intensifies its beauty but also matters a lot in cost, especially when we talk about diamonds here.

Round diamond rings are probably the most common sight when searching for rings online or in-store. However, this particular shape also happens to be the most expensive. Why? Because a lot of it goes to waste in the cut.

Hence, we suggest you buy a less common shape in rings. You can even enlarge the size of the ring while staying on a budget if you follow his tactic.

Cluster or Halo Rings: While a huge single diamond ring for sure looks beautiful, the cluster or halo ring gives off a much bigger look.

Not only do the cluster or halo rings seem to be bigger in size, but they are also less expensive and give off the same breathtaking sight as a solitaire diamond.

So save some money and opt for the cluster rings.

Rings on discounts: If you want to buy a whole single diamond ring and not compromise on the Cs, we suggest you buy your rings in January. 


Well, similar to how things go on discount near the Christmas season, the jewelers sell the engagement rings at a much lower price in January, once the proposal season is over.

Ring Metal: While the stone matters, the ring metal also hold some value and hence the price of the ring depends on the metal surrounding the diamond. If you are tight on money, try buying an engagement ring with white gold as the ring metal rather than platinum. Both of these have very subtle differences in look, and the white gold is lesser in price.


Before you head out to buy an engagement ring, we suggest you explore affordable engagement rings on the Internet. It will not only give you an idea about what you want, but you can also get some tips on how to save money while buying a ring.

Engagement is one of the core foundations of marriage; it is not always necessary for you to spend huge amounts on a ring if you are tight on a budget. Hence, always try browsing and take smarter approaches when buying an engagement ring.

If this article helped you, we are glad and also good luck for popping that big question. We hope you succeed.


Welcome to our website, the ultimate hub for the latest information! Discover the latest trends, innovations, and advancements in the world of technology, business and health. Explore our collection of informative articles, insightful guides , and helpful tips to enhance your savviness.

Learn More →

Leave a Reply