The perfect engagement ring, without blowing your budget

December 28, 2023
Share this article

Buying an engagement ring comes with a lot of pressure. You want to find the perfect ring; it is a “forever-piece” of jewellery and (if you believe the hype) should be something your partner instantly falls in love with. However, these sparkly mementos can often come with a hefty price tag. Buying a ring should be a fun process and it doesn’t have to break the bank. Let’s have a look at a few tips to keep in mind when considering your purchase.  

Set a budget  

It might not be the most romantic place to start but setting a budget is the best way to quickly narrow down your selection and set yourself up for success. There are so many myths around how much you “should” spend but really, there is no magic formula, you should spend whatever you’re comfortable with and what your budget allows. Know your budget and stick to it!  

Get educated 

There is lots to know when it comes to Diamonds. You might have heard of  “The 4 C’s” (update link)- standing for Cut, Colour, Clarity and Carat - all these elements combined make up the value of a diamond. Understanding these will help you when making your decision, ensuring you get the best value for money.  

Don’t get hung-up on Carat size  

Carat size might be the number everyone gets stuck on, but a beautifully-cut, smaller diamond can be just as stunning and provide all the sparkle of a large stone. Be open to all your options, compare a range of rings and see what stands out. 

Solitaire 9ct White Gold Round Brilliant Cut 1/4 CARAT tw of Diamonds Ring

 

 

The illusion of shape  

Did you know that different styles and diamond cuts can appear larger? If you’re really after a big rock – it's worth looking at different shapes. While round, brilliant cuts are the most popular choice, an emerald or oval cut diamond, or a cluster ring (see more below) in this shape can give the appearance of a larger diamond due, to the longer shape.  

9ct White Gold Round Brilliant Cut with 1 CARAT tw of Diamonds RingCelebration 18ct White Gold Oval & Round Brilliant Cut 3/4 CARAT tw of Lab Grown Diamond Ring

Consider a cluster 

Cluster rings are a great option if you’re looking for a large ring, without the large price. Compared to traditional rings (where you’ll spend roughly 75% of your budget on the centre store) cluster rings usually have a centre made up of smaller diamonds.  

Paris 14ct Yellow Gold with Round Brilliant Cut 3/4 CARAT tw of Diamonds Ring

Go Lab-Grown Diamond 

Recent advances in technology have seen lab-grown diamonds become a really great alternative to traditional diamonds These diamonds, created in a lab have the same make-up as mined diamonds and are not only more environmentally friendly, sustainable and ethical, but conveniently come with a smaller price tag! Opting for a lab-grown diamond allows you to maximize your budget without compromising on quality or beauty.  

Celebration 18ct Yellow Gold Round Brilliant Cut 3/4 Carat tw of Certified Lab Grown Diamonds Ring

 

Remember, it is possible to get a stunning ring without causing yourself financial stress! Educate yourself, look at a range of styles and work out what features you want to spend your money on. Happy ring hunting! 

 

You might also enjoy:  

Guide to Jewellery And Diamond Care

Tips to know your Ring Size

 

Shop