• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Live Like You Are Rich

on any income...

  • Finances
    • Save Money
    • Make Money
    • The Credit Game
    • Couponing
    • Tips & Warnings
    • Financial Fitness Bootcamp Course
  • The Rich Life
    • Love
    • Pregnancy & Postpartum
    • Parenting
    • Faith
    • Other Riches
  • My Home is My Castle
    • Preparedness
    • Organization & Cleaning
    • Efficiency
    • Interior Design
    • Home Updates
    • Home One
    • Home Two
    • Home Three
  • Luxuries
    • DIY’s & Crafts
    • Holidays
  • Gourmet Recipes
    • Breakfast
    • Lunch
    • Starters, Soups & Salads
    • Dinner
    • Desserts
    • Smoothies & Drinks
  • Travel
  • My Book

17 Ways to Save Big on Your Engagement and Wedding Rings

June 18, 2015 By: Anita

Share to Your Social Media

  • Share
  • Tweet
  • Pin

17 Ways to Save Big on Your Engagement and Wedding Rings There are a ton of ways to save money on a wedding/engagement ring. Here are 17…

1- The way you’ll save the absolute most and score the best deal is kind of tricky because you both have to know you are getting married and both have to be on board with it, it is to buy a used ring.

If you are on board, search a site like Ksl and Craigslist search different terms like diamond, diamond ring, engagement ring, etc. This is in part to people putting their used rings in random categories all the time. Just make sure to have it appraised at a local jeweler so you don’t get swindled. Providing the document with diamond quality etc. is a bonus but don’t trust it until it’s looked at by a jeweler.

2- Buy the ring out of state, on classifieds, or many places online to avoid sales tax.

3- Most people are looking for a certain weight like a 1 carat or a 2 carat diamond. If you buy a weight just under that you are going to save significantly for about the same thing. For example, if you’d like a .50 carat buy a .45 carat or a 1 carat buy a .95 carat diamond you’ll get a better deal. Jewelers discount these ‘almost official weights’ significantly.

4- Another thing that will save is to buy a ring with the main diamond consisting of multiple pieces. Getting a 1 carat ring is pricey. Getting a 1 carat consisting of 4 quarter diamonds is significantly cheaper and they do such a great job at it these days it’s sometimes hard to tell that the diamond is multiple pieces.

5-   Buy online. Amazon and Groupon also have engagement rings that are very reasonably priced. Just make sure there is a guaranteed refund policy and diamond certificate if you go this route. There are other online retailers that are very competitive. Read reviews, talk to someone in person, due your due diligence to ensure you are not getting scammed.

6- Consider a different stone. Diamonds are expensive.  Moissanite is also a close neighbor to a diamond so that is another option. But be careful, don’t buy a moissanite, crystal, or cubic zirconium as a pretend diamond without your future fiance being okay with it.

7- Replace a current stone with a larger used stone. You could take a diamond that you got for almost half off from a used ring and have it set in your current setting (if the setting will allow—consult a jeweler). Then sale the original diamond to offset costs.

Or just purchase a new band and set a used diamond in the band.

If you have someone make you a ring buying a used diamond is an option too.

Obviously no one could ever tell that you have a used diamond and put it in a new ring setting. You can also just buy the rock online (at a reputable place) and have it set at a local jewelers to save on a completely new set.

8- Many of the men I know have lost multiple rings. Because of this, I’d recommend just buying a nice ring from Amazon here. They range from a few dollars to a few hundred with most in the $40.00 range.

9- Look at boards at universities. Many college kids are in the marriage age. As a result many are proposing and selling rings from break-offs. Every time I pass an ad board on a college campus I always see new rings that cannot be returned and are being sold at a discount.

10- Consider gold and white gold over platinum because it is coming back as a trend and is less expensive. 14k gold is almost just as good as 18k and costs less.

11-Diamonds in the H/I color and SI clarity range offer the best value.

12- If you choose to buy the setting from a jeweler ask them to include free servicing (dipping & cleaning) and resizing if necessary. Many jewelers will offer these lifetime benefits for buying the ring from them and it will save about $20-40 a year.

13- Consider buying from a diamond wholesaler they are a great bang for the buck.

14- Pay in cash. You can often get discounts for paying in cash and you’ll save on interest charges. Always ask for a discount for paying in cash.

15- Buy rings that haven’t sold for awhile at jewelers or that are on sale. Some jewelers sell their inventory that hasn’t sold for awhile. Often the ring has sold in other sizes but that particular size hasn’t sold so they discount it. This will save significantly. Then pay the nominal fee to have it resized. Some jewelers have large annual sales. Call them and ask when theirs are and buy during that time.

16- Avoid name brand rings. Name brand rings will add at least one to a couple grand more to the price tag.

17- Trade. If you have a service or own a high value item you don’t mind giving up, sometimes you can trade for the ring.

What have you done to save on your engagement and wedding rings?

Anitasignature

For other ‘rich living’ and money-saving tips subscribe, like me on Facebook, and follow me on Pinterest.

Related posts:

23 Ways to Save $27,989.37 on Your Wedding 23 Unique Ways to Save $10,516.37 on Your Baby’s First Year… Part 2 10 Ways to Save Big on Halloween Costumes
Previous Post: « The Harsh and Unforgiving Observation Point of My Son’s Alaskan Animals
Next Post: Financial Advice Featured on Bankrate and Yahoo! Finance »

Reader Interactions

Comments

  1. Katie @ Clarks Condensed says

    June 18, 2015 at 9:11 pm

    Great tips! I bought Forrest’s wedding ring at a bridal fair (before we were even engaged.) We got it for a great deal.

    Something Forrest did that I was really grateful for was that he bought insurance from the ring place. I think it was only $100 more (it was really reasonable), and so long as we bring the ring in to be checked every 6 months,we get lifetime dipping, resizing, and, best of all, replacement of diamonds if it were to fall out. Definitely worth the peace of mind, since my mom and oldest sister both have had diamonds fall out of their rings!

    Reply
  2. Charlee @ Humble in a Heartbeat says

    June 18, 2015 at 9:19 pm

    These are some great ideas I never would have thought of! I thought my husband was the only one to lose a wedding ring…on multiple occasions! Surprisingly, he still has the one I got for him for our wedding. He always found it after losing it, sometimes weeks or months later!

    Reply
  3. Parekh N says

    September 15, 2015 at 9:57 am

    Hi Anita,

    Every one of us wants to experience the feeling of royalty on our wedding day but sadly have tight pocket strings. Your ideas from engagement rings to wedding venues are extremely helpful and help keep check on the pocket. You have actually given practical ideas and I am grateful for your advice.

    Reply
    • Anita Fowler says

      September 15, 2015 at 2:05 pm

      Thank you! Yes it is great to be able to afford nice things. Getting them for less is my answer typically!

      Reply
  4. Lucinda Nutting says

    February 10, 2016 at 10:43 pm

    My fiance saved big on my engagement ring because I worked at a jewelry store around the time he proposed. Saved $1,000’s!

    Reply
    • Anita Fowler says

      February 17, 2016 at 2:58 pm

      Great idea!

      Reply
  5. Lora says

    June 24, 2016 at 1:05 pm

    great

    Reply
  6. Kanika says

    December 21, 2018 at 1:13 pm

    On wedding most of the time pocket for money we have to check to control the expenses. Here your advice to purchase best ring along money saving very helpful.

    Reply
  7. Saurabh says

    April 1, 2019 at 7:45 am

    We usually buy from trusted or famous shop in city which abviously charge much. But thanks to you for sharing Amazon link. You are gone a save lot of money of the reader.

    Reply
  8. Street View says

    September 17, 2019 at 12:39 pm

    Great blog! Do you have any recommendations for aspiring writers?
    I’m hoping to start my own site soon but I’m a little lost on everything.
    Would you advise starting with a free platform like WordPress or
    go for a paid option? There are so many choices out there that
    I’m totally overwhelmed .. Any suggestions?
    Appreciate it!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Anita Fowler
Pinterest Facebook Twitter Youtube Gmail Gmail RSS

Most Popular





Footer

anita_livelikeyouarerich

How to live a rich life on any income. Stay-at-Home Mom to 3 👦👶👶 Author 📖. Blogger 💻. Christian 🌟. #livelikeyouarerich #LivingRichTips

Family & Finances & Food-Anita
This lemon chicken piccata is lightly infused with This lemon chicken piccata is lightly infused with lemon, garlic, herbs, and balanced out with a little butter.⁣
⁣
Find the link in my bio or head to our website and search, Slow Cooker Lemon Chicken Piccata.⁣
⁣
https://livelikeyouarerich.com/slow-cooker-lemon-chicken-piccata/⁣
.⁣
.⁣
.⁣
#lemonchicken #chickenpiccata #chickenrecipes #chickenrecipe #piccata #healthyrecipesideas #easyrecipes #recipeoftheday #dinnerrecipes #dinnerrecipe
Resurrection Easter Dessert Rolls has an amazing f Resurrection Easter Dessert Rolls has an amazing flavor. They are a cross between a buttery flakey roll and a sweet cinnamon roll. Delicious! I made these rolls with and without Nutella. Although both were great I liked the Nutella version best.⁣
⁣
Find the link in my bio or head to our website and search, Resurrection Easter Dessert Rolls. ⁣
⁣
https://livelikeyouarerich.com/resurrection-easter-dessert-rolls/⁣
.⁣
.⁣
.⁣
#easterdessert #easterdesserts #resurrectionrolls #dessertrecipe #dessertrecipes #desserttable #desserttables #eastersunday #rolls #sweetcorner
Reading with a child is a great bonding experience Reading with a child is a great bonding experience and encourages imagination and intellectual growth. Book Themed Easter Baskets are a great way to promote learning and literacy… and of course, make kids happy.⁣
⁣
Find the link in my bio or head to our website and search, Book Themed Easter Basket. ⁣
⁣
https://livelikeyouarerich.com/book-themed-easter-baskets/⁣
.⁣
.⁣
.⁣
#easterbaskets #easterbasketstuffers #bookforkids #easterbasketideas #easterbooks #giftideasforkids ⁣
#creativeideas #ontheblog #lifestyleblog
🍓𝗦𝘁𝗿𝗮𝘄𝗯𝗲𝗿𝗿𝘆 𝗖𝗵𝗲𝗲𝘀𝗲𝗰𝗮𝗸𝗲 𝗪𝗮𝗳𝗳𝗹𝗲 𝗥𝗲𝗰𝗶𝗽𝗲🍓⁣
⁣
The strawberries are deliciously sweet, the lemon juice adds a tiny bit of tartness, the cream cheese smooths out the dish with its creaminess, and the waffle adds heartiness to every bite. ⁣
⁣
Find the link in my bio or head to our website and search, Strawberry Cheesecake Waffle. ⁣
⁣
https://livelikeyouarerich.com/strawberry-cheesecake-waffle-recipe/⁣
.⁣
.⁣
.⁣
#strawberrycheesecakewaffle #strawberrycheesecake #waffles #wafflelover #waffle #easyrecipe #easyrecipesathome  #strawberrys #breakfastrecipes #wafflesforbreakfast #healthybreakfastideas #healthybreakfast_ #healthybreakfastrecipes #healthybreakfasts #healthybreakfastidea #breakfastideas
There are few things I enjoy eating more than brea There are few things I enjoy eating more than bread. Specifically fresh, homemade rolls still hot from the oven. This Homemade Freezable Roll recipe is my absolute favorite, not only because it is wonderful to eat straight out of the oven, but because it also freezes amazingly well. Find the link in my bio and search for Homemade Roll.
.
.
.
.
#homemaderolls #breadroll #breadrolls #lovecooking #easyrecipes #bakingfromscratch #bakingbread #bakingisfun #bakingcooking #bakingathome #bakingideas #easyrecipesathome #easyrecipe
Learn time-tested fantastic cleaning methods for y Learn time-tested fantastic cleaning methods for your house from these 15 Cleaning Hacks your Grandma May Have Not Shared With You. Find the link in my bio and search for 15 Cleaning Hacks your Grandma.
.
.
.
.
#cleaningtips #cleaninghacks #cleaninghouse #cleaningtipsandtricks #cleaninghack #cleaningproducts #cleaningday #cleaningtip #cleaningoutthefridge #housecleaning #carpetcleaning #cleaningredients #whitevinegar #bathroomcleaning
Load More... Follow on Instagram

Links

  • About Me
  • Contact Me
  • Privacy Policy
  • Advertising/Media/Marketing Opportunities on LiveLikeYouAreRich.com

Disclosure Policy

Affiliate links may be used in this post. Printing a coupon or ordering a product through this link may result in a commission, which helps pay for the cost of running this site and keeps the content free. Read my full disclosure policy here.

Copyright © 2021