How to Save Money on an Engagement Ring

Learn how to save money on an engagement ring from private jeweler Kate Hemphill in this Howcast video.

Transcript

So you're looking to save money on an engagement ring, there's a few options. You don't have to buy a great big diamond.

You can buy a great big colored stone if you like, or a semi-precious stone and have it set in a beautiful diamond setting.

You could buy a diamond band, which is a very big look for your money.

One of my favorite suggestions when someone doesn't want to buy a solitaire.

You could go for an interesting color combination. Like this tourmaline and yellow diamond so you have the benefits of diamonds, but your big central stone is a semi-precious stone. So, again, a really big look for a little bit less money.

You could shop for an estate or an antique ring, perhaps a cluster shape with a little cluster of diamonds, which is absolutely beautiful and tasteful.

Then, if you really have your heart set on a big diamond, go to the jeweler, and don't be afraid to negotiate.

Another way to save on a great engagement ring, if you're lucky enough to have an inherited stone, take it to your jeweler and create a beautiful one-of-a-kind setting.

So, those are a few tips on how to save money on an engagement ring.