We all know that a diamond is the universal best friend. Be it a man or a woman who can say no to them? The answer is nobody! Especially if it's in the form of engagement rings. Love and diamonds are both hard to find, but lucky for us, engagement rings set do come at a price.
But what is the ideal amount to spare on an engagement ring's diamond? How to know if you are spending way too much or too little?
In this blog, we will discuss what the ideal cost of diamond engagement rings can be.
What Can Be the Average Cost?
The average keeps fluctuating year by year. The main factor behind the cost is your financial situation and your likes and dislikes. If you and your partner are into minimalism, it won't cost you a lot. But if you are big on getting a certain diamond, it comes with a heavy price.
The diamond engagement ring price will depend upon various factors. The type of ring you want, the diamond you chose, and the 4Cs of the diamond. Also, the Diamond Engagement Ring Designs and the metal they are set in will affect the pricing too.
How Much to Realistically Spend on An Engagement Ring Near Me?
There are various things that affect the overall engagement ring cost. There are ways in which you can manipulate the cost of the ring. You can be adjusting in the clarity of the diamond and get one that is bigger in size. You can opt for bands that are usually cheaper in price and save money.
Here are some of the key points you should bear in mind before buying engagement rings.
1- Consider your budget
The most important factor is to consider the amount you can be comfortable paying for diamond engagement rings. You should evaluate your current financial condition to determine what is the price you are willing to splurge.
2- The expectations of your partner
The recipient of the ring should be kept in mind or asked before determining the diamond engagement ring price. Your goal with the ring is to ensure that they are happy with it. You can directly ask them about their choice or take them out for some window shopping to understand their likes and dislikes.
If you wish to keep the diamond engagement ring designs a complete secret, you can ask her family and friends about her choices. You should consider her likes, her living choices, and her style before selecting the ring.
3- What the Ring Means to Both of You
A ring that is costly is not important. What is important is its significance. It should reflect the personality of the person wearing it. Maybe they would prefer a family ring over expensive diamonds. It's all about what they like the most.
How Can You Save Up on Engagement Ring Costs?
1- You can skip the solitaire
If you and your significant other are not focussed on getting a solitaire, you can save up a lot. If you want your ring to look like solitaire, you can get one with several smaller diamonds. The side embellishments can make a huge difference in the overall look of the ring. And is a great way to save up money. You can opt for a halo ring which is quite the trend nowadays.
2- Shop online
You can skip the in-store markups by buying them online. You can get a ring which is good and comes at a good deal too. There is also a wide variety of rings to choose from online. This will give you control over your choices and the prices. If you shop online, it also gives you the chance to customize the ring.
3- Don't focus on the carat size
You can also opt for under size diamond which will cost you a fraction of other diamonds. They are usually the ones that are slightly off the cut-off points.
To be concluded
Make sure you keep the points mentioned above before choosing a ring. This is one of the most important decisions of your life, hence make sure you select the right one.
Consider the likes and dislikes of your partner before making a choice.