7 Tips For Buying Engagement Rings

January 15, 2017

An engagement ring is a huge investment, so if you’re not too sure what to look for when you’re shopping for one, there are a few things you should do. By following these few steps you’ll be able to find just the right ring for the love of your life.

Determine Your Budget

It’s best to have a certain number in your head to keep you from spending more than you can actually afford. Many talk about the three months Gross Salary Rule. This rule stipulates that if someone makes $80,000 a year, they should spend $20,000 on an engagement ring. Again, this is just a rule of thumb, not a requirement. Don’t feel pressured to spend more than you can really afford.

Pay Close Attention to Detail

There are endless options when shopping for an engagement ring, so to narrow down your search you should do your homework. Platinum or gold? Modern styles or something more vintage?

Come Together

Sure, the element of surprise is gone, but at least you know you’re getting her the exact engagement ring that they want. This is a growing trend, and couples still report they have wonderful proposals full of surprise even though they picked out the ring together. Still insisting on a surprise with the ring? That’s fine too – be sure to consult our guide that can show you how to Get a Ring Size Without Someone Knowing.

Choose the Stone

If you decide to choose a diamond separate from the setting instead of a preset ring, you need to think about the diamond cut. The most classic shape is a round solitaire, but princess cut and emerald cut diamonds are becoming increasingly popular. You should also introduce yourself to the Four Cs of diamonds – you’ll be glad you did. Here’s a tip: opt for a diamond with high color and cut, but with a little lower clarity – it will save you a few bucks.

Choose the Setting

Now for the setting. You could go for a traditional solitaire setting, or you could add a little something extra, like side stones. You have plenty of metals to choose from including gold, white or rose gold, platinum, or even titanium. Get help picking an engagement ring metal with our post: Which Engagement Ring Metal is Best for You?

Get it In Writing

You wouldn’t by a house without an inspection, would you? The same goes for diamonds – don’t buy one without an independent diamond-grading report from the GIA or the American Gem Society. It will include the 4 Cs of diamonds (color, cut, clarity and carat) as well as the shape and size.

Get a Quality Jeweler

Nothing beats working with someone who knows what they are doing. Come in to Precision Watches & Jewelry and we can help you find the perfect ring.