10 Ways to Save Money When Buying an Engagement Ring

You’ve met the right woman, and you know it’s the right time. But, you probably don’t have thousands of bucks stashed away for this one purpose. That’s no surprise, as the economy no longer offers up large bonuses or job security, so in these tough times it pays to be savvy. We’re not saying you should be cheap – it’s about being smart. Don’t overpay for good quality and make intelligent tradeoffs that will save you lots. Follow these 10 tips for buying a cheaper engagement ring.

1. Think Like You’re Buying a Car

Probably, like most guys, you don’t really know anything about diamonds. And, you’re not bothered to find out. To you, they are as benign as hoover bags, opera, and Justin Bieber. However, this lack of knowledge will cost you a lot of money.

So, you need to think like you’re getting a new car. When you buy a new motor, you educate yourself on the choices and the pros and cons. You weigh up whether you want to pay more for leather seats, a GPS system, or a set of spinning wheel trims. You’d never walk into a car dealership and ask to buy the cheapest car, so why do the same with a diamond ring?

So, let’s start your engagement ring education. It’s true that you may never be able to tell the exact different in diamond cuts, so you need to know when to enlist some help. Visit lots of jewelers and get a feel for the rings you do and don’t like. The more you look, the more you’ll notice vital differences. Get familiar with what you like and don’t like, so you can have confidence when you buy an engagement ring.

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