You’ve found your perfect
match, now it’s time to find the perfect ring. Finding a flawless, beautiful
ring while on a budget is no easy feat, but possible. In fact, there are many
ways to not only prepare for the expense but also to save money on engagement
and wedding rings.
It’s never too early to
start saving for engagement or wedding rings. Even if the person you thought was “the one”
doesn’t end up being “the one,” having a savings account will never do any
harm. Always save 10% of your income,
and if you’re saving for a ring, set aside some additional money each month
until you have a down payment or the amount in full. Planning ahead is crucial
when it comes to buying jewelry that will last a lifetime. Some experts
recommend spending three months of your salary on a ring, but even that may not
be feasible or something you want to do. There are plenty of ways to go about
buying an engagement ring without having to spend one-quarter of your annual
salary.
Shop around Never
walk into one jewelry store and purchase a ring immediately. Do your homework
and research shops that offer the best deal. Websites such as BlueNile and
Union Diamond offer beautiful rings at more affordable prices.
Consider financing it The key to financing a ring is knowing what you can
afford to pay per month and understanding the terms and conditions fully. Most
stores offer 0% interest for 6 or 12 months if paid in full. But! If you miss a
payment or do not have the ring paid in full by then, you end up paying a
fortune in interest.
Buy cheap and plan future upgrade In order for this to work, you’ll need to have a
conversation with your future spouse about ring expectations. Make sure she is
OK with receiving a less expensive ring now with the intent of getting an
upgrade at some point in the future. Be honest; her reaction may surprise you!
Negotiate Ring
shopping is like car or furniture shopping—the sticker price isn’t necessarily
what the item will go for. Find a ring you love, offer cash (if possible) for
less than the sticker price and see what the salesperson says. If they aren’t
willing to negotiate with you, stand firm and walk away.
Look on Ebay or Craigslist Yes, the rings are used, so you’ll have to think long
and hard if that’s something you and your future spouse are OK with. If so, you
won’t find better deals than Ebay and Craigslist. Both sites list rings that
people are looking to get rid of, not necessarily looking to make a profit on.
Negotiating is also always acceptable, so when push comes to shove this is a
great way to save a fortune on a ring.
About the Author: Sarah Brooks is a freelance writer
living in Glendale, AZ. She covers topics on invoices, travel and saving money.
5 comments:
You have given phenomenal substance here. I'm glad to find this post as I found heaps of huge data in your article. Appreciation for sharing an article like this.Sapphire Ring
I agree that much can be learned and adopted from this common, Thanks for this interesting blog. with amazing and top grade, quality Shop Tanzanite Gemstone for Sale
I loved you "negotiation" part very much. I really accept you opinion. I purchased a ring from Union Diamond after your advise. And Guess what? I am very happy till now.
I really appreciate your opinion. You have covered every important part in jewelry in this blog.
I agree that much can be learned and adopted from this common, Thanks for this interesting blog. with amazing and top grade, quality Loose tanzanite stones
Post a Comment