Monday, November 24, 2008

Looking For an Engagement Ring? Here's How To Save BIG Money!

By Tom W. Mason

You're all set to pop the question - you know exactly how you're going to do it. You know exactly what to say and you're eager to get that ring on her finger! However, that's just what you're missing - the ring! You don't have a huge budget though, so you need to find a cheap engagement ring ? but is this even a possibility?

First off, I never like to use the word "cheap" when describing a diamond ring. So instead of saying "cheap engagement ring", I'm going to say "affordable engagement ring". Just sounds nicer doesn't it?:)

When you're on a tight budget, price has to be a consideration. You need to assess your finances and decide how much you can afford to spend on this very important purchase. Remember that this is going to be a large purchase, so be realistic.

You'll either have to tap into your savings to pay for this purchase or save up for an engagement ring. Don't make the mistake of spending too little - this is one of the most important purchases you'll ever make.

So set a budget that you can afford. Many people try to spend about two months salary, but that isn't always possible. You might have a lot of other bills that you are responsible for - it simply isn't possible for everyone to fork out that much.

If your budget is too limited for this, don't stress too much about it. You can find great diamond engagement rings which are affordable. The key is to try to get the most diamond for your dollar.

However, I do suggest that you spend at least $1,000 on this ring. She'll wear it forever; it's a symbol of your love and there should be some sacrifice involved in buying it. $1,000 is pretty low as far as price tags on engagement jewelry goes. However, you can make even this amount go a long way if you shop wisely.

You can go to my website to read my Diamond Buying Guide. This guide will give you a lot of great information on buying the best engagement ring while staying within your budget. My guide helps you to get the most diamond for your money.

Keep the setting simple - 14 carat white or yellow gold. When you're on a budget, avoid spending too much on the setting - you can skip 18 carat gold or platinum. Your budget should go primarily towards the diamond itself.

As far as the diamond goes, you want to get the largest diamond possible. While diamonds are graded on many different criteria, you can get an idea of which factors to look for in my Diamond Buying Guide. This information can help you avoid spending too much money for too little diamond.

It really is possible to find the perfect ring for your fiance without breaking the bank; just keep in mind that you are not looking for a cheap diamond engagement ring, but an affordable diamond engagement ring! Happy hunting! - 15634

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