How much to spend on a diamond engagement ring

Buying a diamond can be a nerve-racking experience. If you want my expert advice on buying the best diamond just drop me a note and tell me what you are looking for and how much you want to spend and I will get back to you with my personal recommendations for a beautiful stone that fits in your budget. This is a FREE service, doesn’t cost you a dime extra, (in fact I am sure that it almost every case I can save you lots of money) and there is absolutely no commitment.

I get asked this question quite a bit, and believe it our not I tell my friends do not go crazy with the amount you spend on an engagement ring. I know you feel alot of pressure to propose with a kick-tail diamond ring. Just know, you can get a diamond that will get her, her family and her friends drooling no matter what kind of money you have. Keep in mind that it’s the love and commitment a diamond stands for – not the size or cost of the stone – that’s most important to the woman you’re marrying.

Start by setting a budget that you’re comfortable with and then go about selecting the highest quality diamond you can find within your budget. (Starting a marriage in debt is never a good idea.) If you’re buying a diamond engagement ring , the commonly accepted guideline for purchasing diamonds is two months’ salary. That figure may or many not work for you, but it is a good place to start.

Next, head over to a local Jeweler, online store (such as Blue Nile or James Allen) – or make use of this page I threw together with some of the latest designs and current pricing. This will give you a good feel for what the market is and where to set your expectations in terms of what you will be spending.

Before you put that dent in your wallet first learn everything you can about diamonds before making the actual purchase. In the process, you’ll discover how to make sure you’re not getting hosed and that your getting the fair market value and an acceptable quality rock. The quality of the stone is determined by the 4Cs and carat weight is only one of those attributes, so don’t assume bigger is always better. Not all of the 4Cs are created equal A smaller stone can be more expensive than a larger stone, if the cut color and clarity are better, for example. You want to make sure your diamond has fire and sparkle.

Some other things you will have to think about when selecting a diamond: the 4 Cs ,certificationshape, beauty and brilliance.

  • Make certain that the diamond you are buying is authentic and comes with certification of the 4Cs from an independent gemological laboratory.
  • Look at a variety of different diamonds and compare them not just with the 4Cs, but how they actually look – what kind of fire and sparkle they have. Your eyes are important, don’t discount them in the process.
  • Buy the diamond first. The most beautiful setting can’t make up for a diamond that doesn’t look good. Paying for the diamond you choose. If you’ve saved the money for a diamond ahead of time, kudos to you! If not, there are other good options. You can pay with a credit card , which, of course, means you’ll pay interest rates that ultimately make the cost of the diamond higher.

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