Buying Diamond Engagement Rings When You Are On A Budget

So you’re preparing to propose and after mulling over your choices, you’ve decided that diamond engagement rings are the way to go. Or maybe your partner has made it abundantly clear that he or she expects nothing less than a big, sparkly rock. But you’re on a budget and panic mode has well and truly set in. Well, don’t worry. We’re here to lend a hand. Read our fool-proof guide to buying on a budget, and you’ll have everything you need to buy the perfect ring.

Stick to your Budget

Set yourself a budget and stick to it. If you allow yourself to browse freely without a realistic target, you’ll find yourself staring at jewellery which is far out of your range. By the time you get around to looking at the pieces more within your means, you’ll feel deflated and worried. Setting a budget will also keep you from overspending, something which over half of men say they do when buying diamond engagement rings.

Don’t Compare

It’s likely that you’ll have friends buying diamond engagement rings at the same time as you, or that you’ll know newly-married couples. While it’s a good idea to ask for general advice, try not to fixate specifically on the ring they have chosen. This applies especially to those first-time buyers who are feeling nervous and unsure about their choices. Stick to your guns and trust yourself, since comparing yourself to others is another massively contributing factor to overspending. Everyone has different tastes and budgets; take pride in yours, no matter how much it differs from that of your neighbor.

The Cut Matters

One of the main worries when buying diamond engagement rings is that the stone itself won’t be extravagant enough. While it’s true that less money will likely you buy you a smaller stone, this doesn’t have to detract from the beauty of the gem itself. Do your research into cuts and make sure you go for the best quality you can. It will cost a bit more for an excellent cut, but it will be worth it. The better the cut, the more facets your stone will have. A stone is only as sparkly as its facets allow, so it really does make a huge difference to the quality of your ring. We would recommend a classic circle cut as this allows for the greatest number of facets and brilliance from your centre stone.

And remember, if you take the time to choose something you really love, then it’s hard to go wrong. Your partner will be able to sense the time and care you’ve put into your choice, and that is often more meaningful than the size of the stone or amount of money spent. Don’t get too caught up worrying about money – remember why you’re doing this, and focus on making it a personal and beautiful experience with your partner.

Frederick Holm is staff writer for of the F&L Designer Guides, compiled and written to help consumers choose a unique engagement ring design. From a diamond engagement ring to princess cuts and engraved bands, we have ideas and opinions covering all the options. Offering advice, tips and suggestions on how to choose that perfect ring, F&L will accompany you on every stage of your search to find the right designer.

Writer and Online Marketing Manager in London.