Proposing to your partner is one of the most important decisions you’ll be making in your entire life-and so is sparing money to buy a beautiful engagement ring. So if you’ve decided to buy one, you need to consider several factors.
One of the major factors that you should consider when buying an engagement ring is its cost. That means you should check your finances and decide how much you’re willing to spend on the engagement ring.
Here are few tips to help you decide:
Talk To Your Partner – These days, engagement rings are available at different price points and are not just limited to several styles and prices. It’s mainly a symbol of your love and commitment, so it can be any stone, size, cut or design you like. It may not be the traditional route but talk to your partner about it as this will help guide you in your buying decisions.
Research – Whether your partner is interested in diamonds, platinum or maybe a plain gold engagement ring, make sure that you have an idea about the price. Usually, there is a big difference in the prices of engagement rings with same size of stones depending on the stone’s clarity and cut. If you want to check out different ring styles, Ringleaders has a wide selection of engagement rings in Brisbane.
Set Your Budget – You need to keep a few things in mind when you’re setting your budget. For example, your partner is interested in a diamond ring in a solitaire setting. You can save some money by choosing a simple band, and you can put the money you saved towards a diamond with a higher carat size. But if you want a more sophisticated engagement ring band, you may have to opt for a reduced carat size.
The cost of the engagement ring can vary depending on your choice when purchasing a ring and whether or not you’re buying a designer band, so keep all these things in mind when planning a budget. If you’ve set your eyes on a designer ring that’s above your budget, ask your jeweller if you can get a similar style or if he can create a custom band for you.
Save For The Ring – Once you’ve chosen a ring, the jeweller may require you to place a deposit. Discuss it with your jeweller so that you will be aware of the payment options. Choose an engagement ring that you can really afford and make sure that you save for it. Saving for the ring is much better than getting into debt just to purchase it.
As you build your savings plan, make sure that you’ve also thought about the costs of your proposal especially if you’re planning to have a grand one. Make sure you’ve considered that so that it won’t hurt your pocket.
Just Relax – Instead of worrying about impressing others with an over-the-top ring, you should think about starting your married life without having to worry about a big debt from the ring or the celebration. So be honest to your partner and to yourself about what you can actually afford. There’s nothing wrong in spending a few thousands in buying an engagement ring as long as it won’t break the bank.
Take note of these tips whenever you’re deciding on how much to spend for an engagement ring. Calmly sit back and decide what’s better for you and what matters in the end.