The Ultimate Guide on How to Save Money on Engagement Rings

The Budget Savvy Bride

Perhaps you’re considering popping the question to your partner soon, or you’re just starting to research the cost of an engagement ring so you can begin saving up.

No matter what brought you here, this post will share everything you need to know about buying an engagement ring.

We cover how much you should spend on an engagement ring, how to save up to pay for the ring, creative ways to reduce the cost if budget is an issue, and determining the best style to purchase for your partner.

Have you heard that a good rule of thumb for what you should spend on an engagement ring is to pay the equivalent of two months’ salary? We’re not exactly sure where this figure came from, but feel free to ignore it.

Tips to Save Money on an Engagement Ring

Opt for a stone that is lower in clarity. Internal inclusions and imperfections are usually untraceable with the naked eye

Select a Low Clarity Stone

If diamonds are too spendy for you, perhaps you’d instead consider a diamond alternative such as Moissanite, which is made from silicon carbide crystal.

Choose a Diamond Alternative

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