Engagement rings – regardless of the stone, size, or setting that you choose to go with – are inevitably going to be pretty expensive purchases.This is, after all, meant to be a once in a lifetime kind of investment and a symbol of a relationship that you are going to share with someone for the rest of your life. Combine that with the pressure of buying the “perfect ring” for that special someone and you’re looking at a situation filled with stress, confusion, and sky high prices.
Thankfully though, with a bit of planning – and plenty of time in advance – you’ll be able to find the perfect engagement ring for the perfect price, without blowing up your budget, your bank account, or your lifelong plans along the way.
Let’s dive right in!
Figure out your finances in advance
The most important thing you can do right out of the gate is figure out exactly what kinds of finances you have to work with.
You really need to sit down (alone or maybe even with your loved one that you are buying the ring for) and figure out exactly what kind of financial situation you are in, what your financial goals are going forward, and how everything kind of meshes for the both of you as far as money moving forward is concerned.This will give you a much better idea of where your relationship is right now but it’s also going to help inform the budget that you have to purchase this perfect engagement ring.
Really plan out your purchase
From there, you’re going to want to start thinking about the kind of budget that you have to work with when it comes to purchasing a ring – and that’s going to allow you to figure out how much money you have to put away every month, every week, or even every day to meet your ideal goal of purchasing the perfect ring on a specific day in the future.You’re also going to want to kind of talk to your future spouse about her interests and tastes when it comes to engagement rings, either openly if she’s in on the surprise or a little bit more subtly and covertly if you’re hoping to kind of spring this amazing surprise on her later down the line.
It’s important to think about your lifestyle and your job, as well as the lifestyle and the job of your future spouse. She’s going to need to be able to wear this ring every day from here on out, and you’ll want to make sure that you find something that allows her to do exactly that without having to slip it on and off every time she gets to the office or back home – really opening up a lot of potential for loss and it getting misplaced.
You also need to remember that there is no such thing as a “rule of thumb” when you’re buying an engagement ring. Don’t think of this as an investment (it isn’t an investment in anything but your relationship), and you don’t necessarily have to go with a diamond unless she is set on one.
Don’t be shy about getting creative with the stone, with size, and with the setting (if she is game with it) – you can really expand your budget when you get away from standard diamond rings that are inevitably going to have some pretty high price tags slapped on them.
Always work with professionals
Regardless of whether or not you choose to purchase engagement rings from a local jeweler, a major national or global jewelry retail operation, or even online, it’s important that you choose to always work with legitimate professionals that are going to assist you every step of the way when it comes time to buy the engagement ring.
Really research the operation that you are going to be purchasing the ring from, make sure that they have a fantastic reputation in the industry and the community, and verify that everything you order from them is going to be on the up and up and 100% “real deal”.
It’s only when you deal with fly-by-night operations and try to get a real “red-hot deal” that folks inevitably end up getting swindled on a stone that’s either fake or fraudulent, a setting that isn’t at all as described, or stones and jewelry material that are about as low quality as you can get.
Work with experts and you’ll be able to get that deal and never have to worry about the legitimacy of the engagement ring that you have purchased!