How to save money when buying engagement ringBuying an engagement ring is such a special and exciting time in life, growing up we didn’t have a TV and that’s how I found my love for reading books. I loved reading romance stories that took me back to the 1800s, there was this particular book by Tracie Peterson that stood out to me. The book was about a beautiful love story about how a young man fell in love with this poor girl and he had this engagement ring that has been passed on to him from family generations. The ring was very special to him because it was his mother’s ring and before she died she gave it to him to remember her by and pass the engagement ring to the woman he falls in love with. I remember reading and falling in love with this incredible love story and how meaningful and special the proposal was when his time came. the engagement ring was very sentimental and dear to him and to fulfill his mom’s wish he couldn’t just marry anyone, he promised to give the ring to the women he truly loves.

As a young girl especially after reading that story, I would ask my parents and grandparent to tell me their engagement story and why they choose that particular diamond ring. Everyone had their own special story, and their eyes seemed to sparkle with joy when they spoke of their proposal. So I waited patiently for my turn, I knew it would be a special moment in my life, so when my husband finally popped the question, that moment changed everything. That engagement ring he put on my finger was the start of our lives together, God blessed us with two beautiful children that bring us so much joy. That is why my engagement ring was so special to me, it has such sentimental value, its a symbol of our love for each other and a reminder of the covenant we made as husband and wife.

My sister’s boyfriend recently told me that he wants to propose soon and would like my help with choosing the perfect engagement ring. Let me tell you it was so hard to keep it a secret from her since we always talk and hang out. So I was on a mission to help him buy and choose the right gift that will vow my sister away. I spent many nights and days researching and studying engagement rings and diamonds, and how to choose a perfect diamond. So if your time came and your looking for that perfect engagement ring, but feel overwhelmed and don’t know much about engagement rings, I am here my friend to help you, not only find the perfect engagement ring but I will help you save thousands of dollars.

“This page contains affiliate links, some of the links below are affiliate links, meaning that if you click through and make a purchase, I will make a small commission at no additional cost to you.”

Understanding the 4 Cs of Diamonds.

It’s important to know how diamonds are evaluated, the most important characteristics of the diamond are the 4 Cs-carat, color, cut and clarity. Let’s start with the Diamond cut or shape, the cut of the diamond refers to how the diamond reflects light back to the viewer’s eye. A well-cut diamond has the greatest influence on the sparkle, a poor cut diamond will appear dull.how to save money when buying an engagement ring Photo credit to GIA.COM 

Diamond Color– Diamond color is graded on an alphabetical scale from D TO Z, the color refers to the amount of yellow in a diamond, basically, it means lack of color. The diamond color has five categories, Colorless(D-F), Near Colorless(G-J) Faint (K) Very Light Yellow(N-R) Light Yellow (S-Z). Color in a diamond has the ability to reflect light, the more color the diamond has the more sparkle it will have.

how to save money when buying an engagement ring

photo courtesy of JamesAllen

Diamond Clarity- means how many inclusions or flaws the diamond has, when you look at the appearance of a diamond it’s important not to see any blemishes that stand out. The diamond clarity has 6 categories. Flawless(FL) meaning to inclusions and no blemishes under 10x magnification. Internal Flawless(IF) No inclusions visible under 10x magnification. Very Very Slightly Included (VVS1 AND VVS2) inclusions so slight they are difficult for a skilled grader to see under 10x magnification. Very Slightly Included (VS1 and VS2) inclusions are observed with effort under 10x magnification but can be characterized minor. Slightly Included (SI1 and SI2) Flaws may be visible to the naked eye. Included (I1, I2, and I3) flaws visible without magnification.

how to save on a engagement ring

photo courtesy of Whiteflash

 

Carat Weight- refers to the weight of the diamond,  carat measures a diamonds apparent size, the greater the carat weight the more valuable the diamond is. The diamond weight is one of the main factors when it comes to determining the value of a diamond. Larger diamonds are rare and in higher demand than smaller diamonds.

Metals

how to save money when buying an engagement ring

Photo courtesy JamesAllen

So now that we have a better understanding of the quality of the diamonds lets talk about different types of Metals and how it can save you money when it comes to buying an engagement ring. Platinum metal is natural white metal known for its strength and purity it’s 95% pure, also platinum is extremely durable and that is the reason why its one of the expensive metals. White Gold Rings are less expensive than platinum it consists of four categories and the amount of pure gold in metal 10k, 14k, 18k and 24k. The karat indicates the amount of pure gold in the metal, usually, gold is mixed with other metals such as silver, copper, nickel, and zink to make stronger jewelry. So the higher the kart the more expensive and more percentage of pure gold. Another popular metal is gold(yellow gold is a mixture of pure gold and copper and silver that gives it that yellow color) and rose gold(its a mixture of gold 75% and copper25% allow that creates the warm reddish color) these types of metals are a little bit cheaper than the other metals.

So while I was doing my research to help my sister’s boyfriend buy an affordable yet high-quality engagement ring I stumbled upon amazing site JamesAllen.Com it looked very familiar and that is when I remembered another family member(who knows his diamonds) recommending JamesAllen. They have been in business for more than 12 years, though their founders have over 60 years of experience. JamesAllens mission is to offer customers the highest quality diamonds and the largest selection at the best price. JamesAllen does not operate retail locations (although you can visit their showroom in NewYork) that is how they can offer diamonds at a better value than your local jewelry store or those small jewelry chains in the store.

Find the One

 

How is JamesAllen Cheaper than other Jewelry stores?

As mentioned above JamesAllen does not have retail locations and that is one of the reasons how they can provide customers with cheaper better quality diamonds. James Allen has G.I.A Graduate Gemologists as part of their team and they send them out to nearby suppliers and diamond warehouses to take HD videos. They do not own their own diamonds, but each diamond is examined by an in-house expert. Major Jewelers like Zales, Jared and Kays spend millions on advertising, and these stores mark up their diamonds to double up their cost and also to pay their retail locations and employees. JamesAllen on the other hand only has to pay for website maintenance and photo/ video staff, customer service and diamond specialists. Also unlike other jewels, they don’t stock their diamonds and don’t buy diamonds upfront, they can offer cheaper diamonds.

How Much Can You Save?

Well, it all depends out what matters most to you, you might prefer to have a Bigger Dimond over Clarity. In my opinion, I would focus on a Diamond Cut over Clarity, My engagement ring clarity is SI2 which means it has slight inclusions or dark spots, SI2 diamonds have inclusions that cannot be seen with a naked eye, you need magnification to see the flaws. Honestly, I cannot see the inclusions, so save your money and go for a better cut which will make your diamond sparkle. JamesAllen has this amazing 360 Diamond Display Technology, every diamond is photographed with 15x or great magnification in 360 degrees that allows you to zoom in on diamonds as if you were holding them in your own hands, so you can see the diamond in detail much closer and decide what characteristics are most important to you.

I decided to do a little experiment and compare prices of the same exact diamond from JamesAllen and Zales . I plugged in the same requirement on both website, same diamond clarity, cut shape and color and the diamond from JamesAllen was almost half cheaper than the diamond from  Zales. See for yourself.

how to save money when buying engagement ring I first went to Zales.com to create my own ring with and I plugged in Shape Roud, 1.00 carat, very good cut, color H and clarity SI1 and the first result of the cheapest ring with those requirements is $8698, but when I plugged the same categories in JamesAllen.Com the price was $4610!!! That is mind-blowing, it’s $4088 cheaper to buy the exact same diamond from JamesAllen than from  Zales. how to save money when buying diamond ring

You are more than welcome to check out both websites and compare the prices and see the price difference for yourselves. I would definitely recommend JamesAllen.Com as the number one place to purchase an engagement ring, including my sister’s boyfriend. You will save so much more money and buy a higher quality ring, and if you’re still not convinced (because I know to buy such luxurious expensive item online can be very scary) they have a 30-day return policy if you’re not satisfied and they will pay for shipping too. Also if you need more reassurance, take advantage of the return policy and have it appraised yourself by your own trusted source just so you can have that piece of mind and reassurance that the ring your buying is, in fact, legitimate and you’re receiving a true value what the ring is worth.

Design Your Own Engagement Ring

Other Things To Think About.

Other ways to save money when buying an engagement ring!

1. Go for a smaller carat size/weight, for example, if you had your heart set on 1-carat diamond, choose 0.99 or .95 instead of 1 carat. Its still very close to a 1-carat diamond and will save you a couple of hundred dollars.

2. Go for a gold or rose gold metal band and choose a lower grade Diamond Color. Because a diamond will naturally pick up the color of the band, any white diamond, even on the highest color spectrum, will appear yellow. I also love the two-tone look and the contrast between the two colors will make your diamond stand out.

3. Choose Your Diamond Shape Wisely! Did you know that round-shape diamonds are of the most expensive diamond cuts? Go for a shape that is more affordable like the princess cut, Emerald or Cushion Diamond.
                                     James Allen Engagement Rings
I hope that this article was helpful to you, I know that any ring that you will buy will be a special one! If you have any questions or comments please comment below or email me at myfrugalwayy@yahoo.com I am always here to help you!

Tips to find you the perfect engagement ring without breaking the bank,

 

how to save money when buying engagement ring
engagement ring buying 101
Tips to help you save money when buying engagement ring