Tips + Planning

5 Ways to Save On Your Engagement Ring

will you marry me

Getting married can be expensive. Letting your budget get out of control for those who have always dreamed about their wedding day is easy. If you want to be thrifty with your wedding but still get everything you have dreamed of, you can start with your engagement ring. There are many ways to save on your engagement ring without giving up style or elegance.

buying a diamond ring

Remembering that the wedding is about the marriage and not the event is a good way to help you keep your budget under control. If you dream about affordable and unique engagement rings, you have a few options that will help you save money. Let’s take a closer look at a few thrifty ways to save on your engagement ring.

mined diamonds

Mined diamonds are often associated with environmental damage and global conflict. As the technology continues to expand, real diamonds are being created in controlled laboratory environments and available to the public at heavily discounted prices. Mined diamonds are more expensive due to the incredible expense that is created during the drilling and cutting process.

Lab diamonds can be made locally, and do not require a ton of overhead expenses. These diamonds are genuine and are created using the same carbon pressing concepts as mined diamonds without the labor and time that is needed for natural creation. Buyers can find larger and higher-quality stones that are lab-created for a much lower price than mined ones.

Lab-Created Diamonds

Over the past decade, the importance of sustainable consumerism has become more of an issue, especially in the jewelry industry. Mined diamonds are often associated with environmental damage and global conflict. As the technology continues to expand, real diamonds are being created in controlled laboratory environments and available to the public at heavily discounted prices. Mined diamonds are more expensive due to the incredible expense created during the drilling and cutting process.

Lab diamonds can be made locally and do not require many overhead expenses. These diamonds are genuine and are created using the same carbon pressing concepts as mined diamonds without the labor and time needed for natural creation. Buyers can find larger and higher-quality stones that are lab-created for a much lower price than mined ones.

heirloom diamond ring

Heirloom

There is nothing more special than passing down tradition through your family tree. If you are looking for a way to save money on your engagement ring but still want to give your partner a unique and special gift, you may want to consider passing on a precious family heirloom. If you have a ring that belonged to a cherished family member, you could pass it along to your intended as it is or work with a designer to make some updates to make it unique for your love.

Wholesale Diamonds

From overhead expenses of expensive jewelry store facilities to doubling and tripling the costs of wholesale stones to make a more significant profit with customers, retail jewelry buying can cost you a fortune. If you want to save a bundle on your engagement ring, you may consider buying your diamonds individually from a wholesale seller.

Wholesale diamond sellers eliminate the middleman in the industry and have quality stones available at much lower prices. Buying wholesale diamonds allows you to create a unique engagement ring from the ground up. You can purchase diamonds and work with a professional jewelry designer to create the perfect setting for your stone.

Gemstones

Thanks to the legendary rings of celebrities like Princess Diana and Jessica Simpson, many brides are embracing the idea of choosing a non-diamond gemstone for their engagement rings. A stunning emerald or ruby set with a halo of white diamonds could be the perfect design for a unique and elegant ring with a more affordable price tag. Gemstones like sapphires, rubies, and emeralds are generally less expensive than white or colored diamonds. You can create a stunningly beautiful engagement ring with your favorite gems and stay on budget while getting a one-of-a-kind piece.

bridal sets

Bridal Sets

A great way to save time on your jewelry shopping and save money on your engagement ring is to invest in a bridal or wedding set. When you purchase a bridal set, you will get specifically designed wedding bands that coordinate perfectly with your included engagement ring. With a wedding set, you will get matching bands and an engagement ring. Along with finding the perfect matching set that will have a unique and elegant design with a perfect fit, you can save money on your jewelry purchase. Buying your wedding rings as a set is a more affordable option than buying each piece separately.

If you are looking forward to a beautiful but affordable wedding and need to find ways to save a bit on your budget, you may want to try one of these ideas to help you save on your engagement ring.