How to Buy Engagement Rings that are Wallet Friendly

Getting engaged is such an exciting time for a couple! It is something they will remember forever, and a story that will be passed down for generations, so of course it needs to be special. But with all of the expenses that come with starting a life together (wedding, new home, etc) the engagement ring budget can be a stressful thought. People generally say to spend about two month’s salary, give or take, depending on your comfort level. But there are some tricks that can help keep you within your budget, while still scoring your bride to be a gorgeous ring.

·         Put a ring around it- You know the saying, "strength in numbers"? The same holds true for enhancing a stone. A ring with a halo setting (a circle of smaller diamonds around the center stone) can make the diamond in the middle look bigger. And it's not just a great way to create the illusion of additional carats- a halo can also completely change the appearance of diamond by giving it a vintage look.

·         Opt for an Emerald Cut- An emerald cut has fewer facets (the surfaces that reflect light and make the diamond sparkle), so it won't be as shiny, but the shape allows the diamond to cover more surface area than other cuts of the same carat weight do. It will look bigger. And it's a timeless style, so your ring will never seem passé.

·         Skip Eternity Bands- Diamonds all the way around the band are not for the frugal ring shopper. Instead, look for a band that focuses on the center stone, like one that's embellished with twists or engraving. If you still want a little extra sparkle, add baguette diamonds on each side of the center stone for a lower cost.

·         Go Color Crazy- Consider a colored gem for the center stone. Pink sapphires have a similar rosy hue to pink diamonds, while citrine creates the same effect as yellow diamonds.

·         Pick a Prong-Less metal means a lower cost, so go for a prong setting (which secures the diamond like a tripod above the band) over a bezel one (a metal ring holds the gem stone in place). This setting is a great way to highlight the diamond, and there's a maintenance upside to this one too: Since more of the stone is visible, it's easier to clean.

·         Make it a set: Sometimes you can score a deal if you buy the engagement ring and the wedding band at the same time. You might even be able to get the groom's wedding band at the same time for even more savings.

You know she's worth every penny, but you don't have to break the bank to buy a stunning ring. Follow these engagement ring budget tips to get a ring she'll love at a price your wallet can handle.