Getting a great deal on a diamond engagement ring doesn’t mean you love your fiancée any less. It means you’ll have more money left to spend on your wedding or honeymoon. If you are on the hunt for a diamond ring that won’t break the bank, follow the tips below to ensure that the ring you buy is a symbol of your love and not an eternal burden of debt.

Picking Out the Perfect Ring

When it’s time to buy the perfect diamond engagement ring, it’s best to keep your options open.

1. Don’t Buy During the Gift-Giving Seasons

There’s not really a perfect time or day to buy a diamond engagement ring, but there’s certainly a time to avoid, and that’s the holidays. Diamond wholesalers don’t increase their prices during the gift-giving season, it’s that more diamonds sell which means the best bargains go first.

2. Choose Fractions

When you decide to buy the ring, pick diamonds that are just a little under the magic numbers. By doing that, you can get a similar looking ring at a lower price. Take a look at the amazing options you can find at Diamonds.co.nz.

3. Consider a Halo Setting

As you start shopping for settings for your diamond, consider a halo setting. It is a setting with a circle of diamonds around the center stone and it makes that smaller center diamond look bigger than it really is.

4. Go for Fuss-Free and No Frills

Alternatively, if you’re not sure your special someone would like a halo setting, buy a simple ring and be willing to upgrade later on. For instance, you could propose with a traditional and classic solitaire and then let your bride-to-be select her preferred setting. Within the budget, obviously.

5. Look at Alternative Gems

As you begin learning more about diamonds, you might find that they’re really out of your comfortable price range. Keep in mind that there are other beautiful gemstones that may be more affordable and even more in line with your beloved’s style.

6. Always Find Out About the Return Policy

Be sure to carefully research exchange and return policies so you know how long you will have to return the ring should you change your mind. Customised and engraved rings usually cannot be returned. Be mindful of return policies when picking your proposal date, also. If you have missed that return deadline when you decide to pop the question, you risk being stuck with a ring your beloved might not like.

Once You’ve Bought the Ring

Once you bring that diamond ring home, you need to care for it.

7. Get Insurance

No matter what kind of ring you decide to buy, you’ve saved up and worked hard to get it, and it’s valuable. So, make sure you get insurance coverage for it.

8. Keep Up the Maintenance

Some jewelers offer a warranty on the ring, and if they do, be sure to check the terms. For example, the retailer may expect you to bring it in for inspection a few times a year and if you don’t, you risk voiding the warranty.

Follow these eight tips to ensure you get the most bang for your buck when shopping for a diamond engagement ring.