Saving up for the Perfect Engagement Ring

It’s the best of both worlds when you get a ring that’s both affordable and of good quality, and the good news is that this is something you can do. Use the tips below to help you save up for the perfect engagement ring and get the most out of this significant purchase.

Avoid Buying an Engagement Ring in Popular Shapes

While round engagement rings are popular and may be the first shape to pop into your mind when you’re looking for the perfect ring, you would be better off going for a less popular shape of stone. As trends change, this leads to an increased demand for certain shapes, making them go out of stock and therefore leaving what’s available more expensive. With around 35% of couples spending three months or less researching the type of ring that they want as well as where they want to buy it before they get engaged, you can also do the same. Find out the most affordable cut type and shape to make sure you make good savings on your purchase.

Find The Perfect Style

It’s important to make sure that when you get the ring, it will be the right size and shape for your partner. Get them something that they will love to make sure that they enjoy it and you don’t end up having to shop for a different ring down the road when they don’t like what you got for them. Digging for clues to enable you to get the best ring that your partner will love will be worth the risk of spoiling the surprise, especially if the surprise may have been of something that they wouldn’t have enjoyed and loved.

Determine Your Budget and Stick to it

You also need to create a budget and stick to it while shopping for the perfect engagement ring. This is important because there are countless options for what you can get on the market, and different options and specifics may call for spending more money. Work with a professional to make sure that you make an informed choice while spending only what you can afford. This will help you not overspend on the engagement ring when there are other expenses waiting for you down the road. From the wedding to your house and other life expenses, you never know what awaits at the next turn. For instance, the spousal right of election leaves a spouse entitled to claim a third of their spouse’s estate. For this and other reasons, you will do well to work with a budget from this point henceforth.

Get on a Financing Program

If you don’t have the time to spend on saving for the engagement ring for one reason or another, you can look into financing programs. These offer a great way to get the ring you need, and there are a number of options that you can choose from if you do some looking. Some of the most popular programs are no-interest ones, in which you pay between 3% and 5% of the original purchase each month, then make a larger payment, which is the balance, on the very last month. You can also combine financing with other options to get the best deal possible depending on your needs and time frame. With Google being responsible for a whopping 90% of all the searches done online in the United States, you can look for financing programs that will serve your purpose on Google.

Surprise your beloved without breaking the bank, and set an amazing standard for your future together with these tips for getting an affordable engagement ring!