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Looking For an Engagement Ring? Here’s How To Save BIG Money!

By Tom W. Mason | Dec 20, 2009

You’re all set to pop the question – you know exactly how you’re going to do it. You know exactly what to say and you’re eager to get that ring on her finger! However, that’s just what you’re missing – the ring! You don’t have a huge budget though, so you need to find a cheap engagement ring ? but is this even a possibility?

First off, I never like to use the word “cheap” when describing a diamond ring. So instead of saying “cheap engagement ring”, I’m going to say “affordable engagement ring”. Just sounds nicer doesn’t it?:)

Ok, step one is to set a budget. Decide how much you want to spend on your engagement ring. And please be realistic – don’t say $56. Not gonna happen.

You’re either going to have to save up some money to make this purchase or pay for it out of your savings. This is one of the most important purchases you will ever make, so don’t go too low here. We’ll get a great ring at a great price for you – just don’t skimp too much or you’ll regret it later.

So set a budget that you can afford. Many people try to spend about two months salary, but that isn’t always possible. You might have a lot of other bills that you are responsible for – it simply isn’t possible for everyone to fork out that much.

That’s fine – don’t worry about it. You can find gorgeous rings at affordable prices. It’s all about getting the most for your money.

My suggestion is to have at least $1000 to spend though. Remember that this is a ring she will wear forever. It is a sign of your committment and love for her – buying it should involve some form of sacrifice. Obviously $1000 is well below the average amount spent, but it can actually take a long ways if you know what to look for.

You can go to my website to read my Diamond Buying Guide. This guide will give you a lot of great information on buying the best engagement ring while staying within your budget. My guide helps you to get the most diamond for your money.

Keep the setting simple – 14 carat white or yellow gold. When you’re on a budget, avoid spending too much on the setting – you can skip 18 carat gold or platinum. Your budget should go primarily towards the diamond itself.

You’ll want to get the largest diamond you can. Diamonds are graded in several ways; my guide will give you ideas about which of these criteria are most important when looking for a diamond engagement ring on a tight budget.

You can find the perfect ring for that perfect girl without going broke. Remember, an affordable engagement ring is what you’re looking for – never tell her it’s a “cheap” engagement ring! ;) Happy hunting!

Click Here to discover how you can find an unbelievable diamond ring for your fiance and save thousands of dollars at the same time! It’s possible to find cheap engagement rings once you know what to look for!

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