Getting the perfect engagement ring is very important. Your loved one will be wearing the ring for the rest of her life, so it is safe to assume it’s a long-term purchase. You must make sure you cover all important considerations before emptying out your wallet.
Even before you embark on your search for the perfect engagement ring, make sure your loved one is willing to wear it. And get permission from her parents too so that the rest of the process flows seamlessly.
Equipped with the permission of those who matter, it’s time to make the all-important purchase.
Here are some tips to help you in your quest for the perfect engagement ring:
1. CONSIDER THE FINANCIALS
Decide how much you’re willing to spend on the engagement and/or wedding ring. Consider your wedding budget. On an average, a wedding costs about $20,000, while another $3,000 to $4,000 is spent on the honeymoon.Some people believe that an engagement ring should be worth at least two months’ salary. But that was popularized by the advertisers of De Beers, the world’s leading diamond manufacturer. The average cost of wedding rings differs greatly, depending upon where you’re looking.
Some have cited the average engagement ring spend to be as high as $6,000 while others put the figure to be around $1,500. All this information should help you decide how much you want to spend on the ring. After all, it is just the beginning.
2. DO YOUR HOMEWORK
It’s a long-term investment, so you should make sure that the ring suits your loved one’s tastes and preferences.You need to find out about the kind of metal she likes to wear, to be used in the ring’s band. Find out about her preferred stone as well and the cut and shape she prefers.
Enlist the support of her friends, and make sure they are capable of keeping a secret. Ask them if she has mentioned anything about her ‘ideal engagement ring’. If she hasn’t, ask them to get that information from her in a discreet manner.
3. SIZE MATTERS
The size of the ring matters a lot. If it is too loose or too tight, it will ruin the surprise. The best solution is to sneak up to her jewelry box and get a ring of hers. You can give that ring to your jeweler to make sure he gets the size right.And while you are at it, take a good look at the other jewelry she owns, take a picture maybe, so that you have first-hand knowledge of her preferences.
4. EDUCATE YOURSELF
Learn about the technical details pertaining to diamonds and gemstones. Make sure you understand the 4Cs of Diamonds. Get a handle on Cut, Clarity, Color and Carat.You don’t need to become an expert but know enough to make sure that the diamond or gemstone in your engagement ring measures fine on these four aspects. Moreover, you don’t need to go for a flawless diamond – slight inclusions aren’t detectable to the naked eye but are easy on the wallet.
5. BUY ONLINE
When you’re ready to purchase, you should visit brick-and-mortar stores as well as search for engagement rings online. Compare the prices between the two. Traditionally, online stores would help you save 20% to 30% on rings with similar features.This is because online stores don’t have to bear the cost of rent, inventory management, staff, utilities, etc., that are usually borne by traditional stores. Also, online stores have a better return policy. And if the online store is also offering free servicing, then it is always better to buy an engagement ring online.
This should get you on the right track while picking the perfect engagement ring for the proposal.
If you’ve already been there and done that, tell us about your experiences purchasing the right engagement ring for your loved one.
How many of these tips did you know of? How many did you use?
Let us know in the comments section below!