How to Buy an Affordable Engagement Ring

Want to surprise your partner with a gorgeous engagement ring without breaking the bank? Read on for a few tips on finding the best affordable engagement rings.

Set a Budget for Affordable Engagement Rings for Women

First step is to set your budget. How much are you willing to spend on your engagement rings? Do you want cheap but beautiful engagement rings? Talk to your fiancé so you can both look for the most affordable engagement rings.

Remember diamond engagement rings come in many forms and you’ll have plenty of options that fit your budget. Just have a realistic expectation of engagement ring prices.

Lab Grown Diamonds are Affordable Engagement Rings

Natural diamonds are rare so they’re more expensive. If you’re on a tight budget go for a lab diamond instead.

Lab created diamonds are like natural diamonds in all the ways that matter. They’re as durable, brilliant and beautiful as the natural ones. The only difference is the price tag and how they were sourced.

If you want durability go for affordable diamond engagement rings than diamond alternatives. Diamonds still top other gemstones on the Mohs Scale of Hardness after all.

Choose a Metal That Makes Engagement Rings Affordable

One element of engagement rings that makes them more expensive is the precious metal used for the setting and band. If you’re on a tight budget get an engagement ring with a white gold setting. White gold is cheaper than platinum even though they look the same at first glance.

Reset a Diamond Ring

Do you already have a diamond that was passed down to you from a loved one? Another way to get cheaper engagement rings is to reset the diamond into a different ring. This way you’ve already covered the most expensive part of the ring – the diamond!

In this case all you need is a new band design. After that you won’t need to go engagement ring shopping again.

Coloured Diamonds and Other Gemstones are Cheap Engagement Rings

The traditional colourless diamond can be boring and not suitable for brides with a colourful personality. If you want to give your engagement ring a twist, get a coloured diamond instead. Take Kyle Minogue for example, she chose an emerald diamond as her centre stone. Kelly Clarkson is another celebrity who got a yellow diamond engagement ring.

If it’s okay with your bride to be, get her an engagement ring with a different gemstone. For example, sapphire, emerald or moissanite.

Moissanite is a great diamond alternative for engagement rings. It’s much cheaper, more brilliant and almost as hard as a diamond.

Get a Ring Without a Centre Stone

If you don’t mind breaking tradition get a ring without a centre stone. It’s perfect if you need cheap engagement rings.

Instead you can focus your budget on the gemstones in the band and the metal used. Rings without a centre stone also have a lot of design options.