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What Should You Do if You Can't Afford an Engagement Ring?

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If you're worried that you won't be able to afford an engagement ring, you're not alone. It's a common issue that many first-time buyers face because they are unaware of the numerous ways you can work within your budget while still purchasing the perfect diamond ring.

Online Shopping

If you didn't already know, buying engagement rings online is far less expensive than going to the mall. There are many more budget-friendly options available on the internet, as there are specific jewelry shops that are only available online and cater specifically to offering jewelry at low prices. For example, at Brillianteers.com, you will shop based on your budget. Find $1000, $2000, and $4000 engagement rings. When you shop at online jewelry stores, you'll find the most affordable jewelry options. You may also consider purchasing online from a Dubai engagement rings company because prices in Dubai are lower due to low VAT and import duties.

Find a store That Offers Financing Plans

If you can’t afford to buy the full payment of your engagement ring but have a specific ring you want to buy for the love of your life, then you'll always find a shop that offers financing plans. If a one-time payment is just too harsh for you, then the chance to pay this off within a space of 3, 6, or maybe 12 months, will make it plenty easier for you. You don’t need to worry about taking out your entire life saving for the perfect ring. Choose a payment plan with little to no interest.

Alternatively, you may consider a short-term loan from a reputable lender for 3, 6, or 12 months to spread the value even further.

Spend some time shopping

Don't rush through the shopping experience. If you rush into a decision, you won't be able to find the best engagement ring for the best price. You don't want to make the mistake of settling for a hurried purchase only to discover that you can get the same design for a lower price at another store. Spend time shopping. If you can't afford an engagement ring, you should negotiate the best price you can. Before deciding on a ring, the only way to ensure that you are purchasing the most cost-effective option is to conduct extensive research and browse through numerous online stores.The more time you spend researching, the more likely it is that you will find a ring at the price you desire.

Think about Moissanite Stones

Moissanite stones are known to appear almost identical to diamonds to the untrained eye. A large diamond ring is expensive. A hoop set with a 2 carat diamond can cost well over $5000. However, one with a 2 carat Moissanite stone will only set you back $2000. If you want a beautiful ring with a large stone but can't afford the price of a large diamond, consider a moissanite ring. It's as lovely as a diamond ring. However, it is not even close to as expensive as one.

Diamond Rings with Cluster Designs

You don't always have to go for a single large stone on an engagement ring. You may also be able to find cluster design diamond rings that are significantly less expensive. These rings are made with smaller diamonds clustered together to form beautiful shapes or to mimic the shape of a larger diamond. You'll have a ring with the appearance of a large rock without the high cost of a multi-carat diamond.

Purchase Other Precious Stones

An engagement ring does not have to contain only a diamond. You can achieve a more distinctive look by shopping for other precious stones that are equally as beautiful as diamonds. You can select from sapphire, emerald, ruby, or pearl. There is a wide range of precious gemstones that can look stunning on an engagement ring. You also don't have to be concerned about whether or not you can afford an engagement ring.

Don't Be Afraid to Travel in Search of a Small Diamond

Many women do not believe that an engagement ring must contain a large stone. In fact, it's possible that your partner would prefer a smaller, more subtle diamond ring. Don't be afraid to go out of your way for a small diamond. You can always get a bigger ring later. Except that, for the time being, a small diamond looks just as good as a large one. And it will be one that you can easily afford. Choose a round cut diamond because it always appears larger than it is; it is the diamond cut with the most surfaces to reflect light, so it shines brightly from all angles.

Conclusion

You may believe that you cannot afford an engagement ring, but this is a common misconception about which you should not be concerned. These helpful hints can point you in the direction of less expensive ways to find the perfect engagement ring. You will select various stones. You will select various shopping methods. You can even choose to buy with a payment plan. With these helpful hints, you can find the perfect ring at the right price.

Bonus!

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