So, you are thinking about buying a diamond ring, but you don’t know how much money you should spend? This is quite common for modern buyers especially those buying a diamond ring for the first time. Generally speaking, people are usually buying diamond rings that are worth up to three month’s salaries. Of course, you don’t have to follow this rule, but it’s a good place to start. Regardless of the amount of money you are ready to spend, you should know that you can always save on diamonds rings. That’s why we have created this basic guide on what to spend and how to save on a diamond ring.
Know your budget
In case you are prepared to purchase a diamond ring even at discount price you still have to know your budget. In this way, you can figure out what’s expensive and what’s not for you. With the right budget in mind, you can rest assured that you will find a diamond ring according to your requirements and needs.
Learn more about the 4 Cs
Keep in mind that when we are talking about diamond rings, you should know that there are many different types of rings available on the market and they come at different rates. The four most important things that affect the price of diamond rings are the 4 Cs – cut, color, clarity, and carat. These things help gemologist determine the real value of diamonds. Color means the natural hue of diamonds. Clarity is a term that describes the inclusions and flaws of diamonds. The cut is used to determine the shape of diamond while carat is a term that describes the weight and size of diamonds. Each of these 4 factors has an impact on the final price. In case you purchase the ring from a well-established store you will get precise information about all these things.
The best place to look for high-quality diamond rings at reasonable prices is the Internet. There are many reputable online stores like Brilliant Earth where you can find a wide array of diamond rings and huge discounts.
Opt for vintage diamond rings
There are cases when vintage diamond rings are actually cheaper than modern rings of this kind. Take some time and explore all the options you have before you buy a diamond ring.