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Cheap Engagement Rings | Buying Rings on a Budget
Jump To: Your Diamond | Diamond Tips | Buying Diamonds Online

When it comes to buying an engagement ring, an old rule of thumb used to be that one should spend two months’ salary for a decent ring. The truth is, you should only spend what you’re comfortable spending; after all, not everyone can afford to splurge two months’ of their salary on a diamond ring, and you shouldn’t have to. Here are some tips to get cheap engagement rings for that special someone in your life.

What do you want in your diamond?

There are several factors that determine value in a diamond, such as the cut, color, clarity, carat, size and shape. By knowing what’s important to you when it comes to your diamonds, you’ll be able to find the best diamond ring for your money. If you’re on a budget, you may have to sacrifice some qualities in order to get what you want – but it may be worth it to get that special ring.

For instance, let’s say your significant other wants a big rock over anything else. When you’re on a budget, a big rock could be difficult to afford, but it isn’t impossible. Putting size or carat weight as a first priority means that you may have to get a diamond that’s also lacking in clarity and cut quality. Alternately, if the sparkle and brilliance of the diamond is what matter to your significant other, then it may have to be a very small diamond in order to fit your limited budget.

Here are several other tips and tricks to get the best diamond ring you can afford:

You can replace a large and potentially expensive diamond with several smaller diamonds. Carat weight can often influence the price quite heavily, so two or three smaller stones with half or quarter the carat weight of one large stone could be far less expensive.

If money is tight at the moment, try putting in another stone until you can afford a diamond. Similar and cheaper stones include cubic zirconias and moissanite. Also consider gems such as sapphires, rubies or emeralds, particular if those gem colors have special meaning in your partner.

Antique diamond rings are generally cheaper than newly minted ones. They may also come with a unique style or quirk that makes them special. You could them as cheaply as under $500. Regular cleaning, care and maintenance could make such rings look brand new.

Buying Diamonds Online

Buying cheap engagement rings online is usually more cost-effective than going to a jeweler in-person. You can also custom-make your own rings through some online vendors.

If you’re not particularly picky about having an utterly perfect diamond, you can buy one with small, barely noticeable inclusions that are at a fraction of the price. Such diamonds would usually be ranked between S11 and S13 on the cut chart.

You may be surprised by the difference in price if you opt for a diamond of a slightly smaller carat weight. Choosing a .90 as opposed to the full 1 carat ring could leave you saving a lot of money.

The metal you choose for the band also factors into your budget. Gold and palladium are the most affordable options, as opposed to the more expensive silver and platinum. Also, 14 karat gold can get you both quality and a cheaper ring setting.

Putting these tips to good use will lead you to an affordable and valuable ring purchase.


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The Loose Diamond Provides Engagement Diamond Rings for Women, Designer Yellow/Unique, that are Affordable/Cheap and Sale Items, available in 1 carat,
Servicing The United States and Located at the Jewelry Mart District in Los Angeles, California.