The New York Times state that the average cost of an engagement ring is $4,000. This amount of money could otherwise be going toward the down payment of a new house, a travel experience, reducing student loans, or covering the cost of the wedding. Therefore it is worthwhile to reconsider whether a status symbol is worth the inflated price. Today's blog offers some of the alternative affordable engagement ring instead of purchasing diamond engagement rings.
1. Buy a used ring: You can easily score deep discounts by purchasing a used diamond ring. It is easily for you get discounts anywhere from 20% to 40% off retail price. There are various method to get an ideal one, such as look on online auction sites, online classifieds, and indoor yard sale groups. Bear in mind to require a certificate of appraisal before you buy. If the seller doesn’t offer one, you can ask to have the ring appraised before you purchase.
2. Go for Something Other Than Diamonds: For instance, you can choose Moissanite, cubic zirconia and white sapphire engagement ring. These diamond lookalikes could perfectly replace a expensive diamond ring, especially for those couples whose take budget as a problem.
3. Buy a Lab-Created Diamond: The famous Gudiance statement of “a perfect cover story for blood diamonds” has covered a hard pressure on natural diamond. The Lab-Created Diamond are characteristically indistinguishable from their natural counterparts, yet cost up to 50% less.
All in all, the celebration of a new marriage could put a major damper on anyone’s happy news if that celebration comes with the dread of going into debt. Remember that in essence, diamond engagement rings are a marketing ploy. It is important to hold a criticle thinking on these general accepted norms (like 2 months salary theory), then you can stand beyond the jewelry stores.