The Brilliant Edit

Proposals 101: How To Budget For The Perfect Ring

Your official guide to getting your dream ring

If only picking out the perfect engagement ring were as easy as falling in love. After all, your beloved is going to be donning that diamond forever. 

When you find the perfect jewel comes along, don’t let sticker-shock hold you back. Just follow these 5 simple tips to ensure you get the right ring at the right price.  

Tip #1: Take stock of your finances.

Before you start seriously browsing for rings, you have to get your finances in order. It’s a tedious process sometimes, but you’ll be in a much better place to start shopping once you have an idea of what you can afford. 

Simply weigh your earnings and expenses, and consider any other financial goals you might have. At the end of the process, you’ll know how much you currently have available to spend and how much you can put aside in the future to save up for the ideal ring. 

Tip #2: Determine your timeline.

Once you’ve found the right person, it’s easy to get swept up in the excitement of getting down on one knee. However, remember that time can be your friend when it comes to budgeting for a ring. 

If you want a little more wiggle-room in your budget, give yourself some extra time to save by planning the grand proposal a few months in the future. After all, true love is worth the wait.

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Tip #3: Understand styles. 

Style can greatly impact an engagement ring’s price. The latest trends in diamond shape or band design can increase demand and costs. Rings that have more intricate designs also tend to have higher price-tags compared with simpler options. 

Do a little research so you can better understand styles. That way you’ll start to get an idea of the sort of diamond you picture glittering on your favorite person’s finger and how much to save up for it. 

Tip #4: Evaluate the four Cs.

Everyone has heard of the four Cs of diamond-buying: cut, color, carat, and clarity. What you might not know, though, is that you can use these four Cs to your advantage. 

Cut: Some cuts and shapes are more expensive than others. Typically, the more facets a diamond has, the more it will cost. 

Color: A “perfect” diamond is completely transparent, but they’re virtually impossible to find and they’re very expensive. If you opt for a high-quality cut, a slight hue won’t be noticeable. 

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Clarity: Clarity is similar to color. A diamond with good clarity won’t have any blemishes. However, a well-cut diamond can hide small imperfections. 

Carat: A diamond’s carat is determined by its weight, the heavier a jewel, the more it’s worth. You can opt for a carat slightly below a whole number for a similar effect at a better price. 

Tip #5: Shop smart.

Of course, the most important factor that goes into determining a diamond’s cost is where your diamonds come from. Natural diamonds are the norm, but the process to get them is so arduous they cost literal fortunes, and you’re not guaranteed the pristine gem you might hope for. 

Lab-grown diamonds cost a fraction of the price and can be created to be virtually flawless. 

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We here at Grown Brilliance want you to have the ring you and your beloved have always dreamed of. To take the stress out of budgeting, our GB 365 promise guarantees the best diamond prices on the market, every day of the year. 

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