How To Save Money On An Engagement Ring

How To Save Money On An Engagement Ring

Euan James Euan James
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Popping the question, but don’t want to break the bank? To find amazing and yet affordable engagement rings, you need to learn what to look for when it comes to cut, colour and clarity.

An engagement ring is so much more than a band — it’s a symbol of love, commitment, and of course, a couple’s individuality! While tradition has made diamond engagement rings a classic, there are so many more rings to choose from today. Rather than just play a guessing game, check out our 5 expert tips on how to save money on an engagement ring so you don’t overpay for a feature that will go unnoticed.

Overview:

How to Save Money on an Engagement Ring: 5 tips

1. Know the 4 C’s!

When you know about the 4 C’s of rings, you’ll also know how to save money on an engagement ring! Let’s get into it. 

how to save money on an engagement ring with the four c's diamond chart

CUT:

The ‘cut’ defines the way the stone is shaped. The common types include: 

The cut of the stone also impacts the price. While the princess cut is the cheapest, round or brilliant cut is usually a little more expensive. Out of all the cuts, the heart-shaped cut is the most expensive - due to its rare nature.

COLOUR:

The most expensive colour for stones in engagement rings is “D”. However, the colours “G” through to “I” are just as popular, and a lot more viable as alternatives due to their lower prices and great appearance.

CLARITY:

The clarity of the stone lies at the heart of its appearance because after all, no one wants to sport a cloudy or dull-looking ring! It is important to look for imperfections that might not be visible to the naked eye and check the stone thoroughly for aberrations, or unclear appearance.

CARAT:

A carat is a unit of weight for precious stones - it indicates the weight and size and is therefore central to the price of the ring. The weight is actually crucial for the price of the stone, and this can be seen by the difference in price when just a few points are reduced from the weight. For instance, a ring weighing 0.95 carats is significantly cheaper than a 1-carat ring.

2. The Halo Hack

A sure-shot way of finding impressive, and yet affordable engagement rings without a large rock stealing the show, is to use a cluster of smaller stones to encircle the centre stone. This can create the illusion of halo engagement rings using a 1/4 carat stone to seem bigger than a 1-carat solitaire ring. The amount saved on the centre stone can be used for the encircling ones, thus making the halo a lot more affordable! 

9ct Rose Gold Morganite 6mm and Diamond Halo 0.14ct Ring

9ct Rose Gold Morganite 6mm and Diamond Halo 0.14ct Ring

$774.50 $1,524.00

This stunning morganite and diamond ring is chic and on-trend. In stunning blush tones, the 9ct rose gold ring features 14 points of sparkling diamonds. Please contact us regarding special order enquiries for this ring. All ring sizes can be… read more

Luminesce Lab Grown 1 Carat Solitaire Engagement Ring in 14ct Rose Gold

Luminesce Lab Grown 1 Carat Solitaire Engagement Ring in 14ct Rose Gold

$2,024.00 $6,024.00

This ring features a stunning 1-carat Luminesce lab-grown brilliant cut diamond that has been set into luxurious 14-carat rose gold, which compliments the diamond adding warmth and radiance to its already dazzling look. The diamond was cut with expert precision… read more

3. Consider The Metal

If you’re wondering how to save money on an engagement ring, look at the metal it’s made of! On the lower price range, you can find engagement rings made out of steel, tungsten, zirconium, titanium and silver, and on the higher end, yellow gold, white gold, rose gold and platinum.

4. Choose a Gemstone Engagement Ring

Another way to save money on an engagement ring is to opt for a gemstone ring! Not only are they as beautiful as diamond rings, but they’re more affordable and can even feature the birthstone of your significant other – which adds a personal touch! You can find stunning emerald, ruby, opal, aquamarine and pearl engagement rings (and much more!).  

how to save money on engagement ring: choose a gemstone engagement ring

 5. Opt for Cubic Zirconia

Want to know how to save money on an engagement ring, but still have that special sparkle of a diamond? Opt for a cubic zirconia as the stone! Cubic zirconia rings look nearly identical to that of diamond rings. At Shiels, there are plenty of cubic zirconia engagement rings in our catalogue, providing a wide range of choices! Having a memorable and eye-catching piece has never come at a better price.

9ct White Gold 8mm Cushion Cut Cubic Zirconia Halo Ring

9ct White Gold 8mm Cushion Cut Cubic Zirconia Halo Ring

$419.50 $769.00

Also available in 9ct Yellow Gold. Please contact us regarding special order enquiries. All ring sizes can be specially ordered, with delivery approximately 10-12 weeks.… read more

Now you know how to save money on an engagement ring without compromising on style or sparkle, it’s time to get shopping! Shop engagement rings at Shiels today and get free shipping over $69.

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