5 Ways To Save On an Engagement Ring

Getting hitched? The engagement ring you select tells your significant other how much you love and value them. In fact, it is the very first symbol of your commitment to spend the rest of your life with them. Of course, diamonds and other precious stones cost a fortune and the jewelry industry does not make it easier on your pocket. Your beloved deserves the best. Here's how you can save up to 50% on the engagement ring that you have been admiring at the high street retailers.

Negotiate.
It does not cost you anything to ask for a discount. While it is safer to purchase from them, top jewelers such as Tiffany and Dior often mark their gems to double the cost to cover the cost of advertising and other expenditures. Obviously, you do not want and do not have to risk hundreds or thousands of hard earned dollars on
low quality or even fake gems from obscure sources. Reputable stores will often slice the price of a ring by hundreds of dollars but always make sure to ask before you consider purchasing.

Buy from a wholesaler.
Most major cities such as New York and Paris have independent jewelers where you can save huge sums of money on gems rather than buying ready- made items from chain stores. Wholesalers may even have the added advantage of cutting and customizing the engagement ring according to your specifications dazzling your partner even more.

Purchase Online.
Apart from the possibility of buying items at half price, online stores usually offer free shipping and delivery further making your purchase of an engagement ring not only less stressful but way much cheaper. However, to avoid online scammers, buy from reputable and recognized online jewelers such as James Allen and Blue Nile.

Buy second hand.
As the old adage goes, 'old is gold' and their no harm or shame in purchasing a used engagement ring that is in pristine condition. If you purchase second hand, always make sure it's from a trusted seller and have the ring checked by a recognized jeweler for authenticity as well as repairs and polishing if needed.

Heirlooms.
If a person is fortunate to have inherited an engagement ring from a family member, this can be an excellent gift not only for its monetary value but more so for sentimental value. While it may have not have cost the giver any money, it is the ultimate gesture of love and acceptance as it means giving up something valued for someone who is highly esteemed and valued.

After all is said and done, no one wants to bring financial stress into a marriage spending more than they can afford. Purchasing an engagement ring at a pocket friendly price is an important first step to more wise financial decisions in the future hence ensuring a happy and stable marriage.