Getting married is a unique experience. This special event brings families and friends together, as well as bind two souls as one. It is so special that couples spend a significant amount of money for it. The money goes to a variety of expenses, including wedding preparations, catering, wedding dress, venue, and of course, engagement ring and wedding bands.
While most people were willing to splurge on engagement rings before, many couples are becoming more practical these days. When choosing the perfect engagement ring, more people are no longer keen on spending a fortune on their preferred option, especially the millennials. They tend to allot the money on the venue, food, and other important things related to their relationship goals or wedding plan. Some couples just put the extra amount on their joint savings account.
But why do they choose to avoid spending a huge amount on an engagement ring? Student loans probably drive them to keep their spending within budget. A survey somehow reflected this, as most of the respondents believe that you shouldn’t spend more than $3,000 on an engagement ring. Every couple wanting to get married someday should adopt this good practice.
If you plan to buy a diamond ring, AAA Jewelers notes that you should at least be familiar with the four Cs: cut, clarity, carat weight, and color. A stone with a high color and cut, and a lower clarity will cost less, so consider this when you have a limited budget.
It will likely take you at least two weeks before the ring is finished, depending on the level of craftsmanship that you prefer for the item. Whether you plan to buy custom jewelry in Utah or in another state, make sure you have insurance for it. Those who plan to buy diamond rings should also consider an inspection report from a third-party group, such as the American Gem Society. It may cost you extra, but that’s a better alternative to buying a fake or substandard piece.
The day and time of your proposal should also be a factor for the price of an engagement ring. An analysis showed that the days between Thanksgiving and Valentine’s Day are the most popular time to pop the question.
Since more people want to be engaged during this period, you should expect prices to be higher. Even if you find discounted offers, you may need to wait for a longer time before the ring becomes available due to a bigger number of orders. If you want to save money, you can propose on other regular days or season. The secret is to make the ordinary day extraordinary. Your creativity and imagination are the limits.
A proposal need not be too flashy and costly. Sincerity, love, and passion are more important than the price of the ring. Set the right budget for an engagement ring and this will make it easier for you to choose since determining how much you’re willing to spend will let you narrow down the options.