Why You Should Start Saving For An Engagement Ring Now

If the idea of proposing has crossed your mind, you should start saving for an engagement ring now. Although the price of an engagement ring varies widely, the most important things to do are budget and research. While learning about the 4’s will help you understand your budget, you’ll still need to come up with the money. Since an engagement ring is meant to be a once in a lifetime purchase, you have to get it right the first time. Be certain you can afford the ring she deserves by starting to save now.

The Average Cost of an Engagement Ring

Although we’ve covered the “three months salary myth” before, it’s worth revisiting. When trying to decide how much to spend on an engagement ring, there is no fixed price. However, there are some general ideas that can help you understand what your budget needs to be. First, consider the size and quality of the diamond you wish to purchase. The typical size of an engagement ring is approximately 1 carat. While the average cost of a 1 carat diamond ring varies from $1100 to upwards of $5000, be prepared to spend towards the top end. Diamonds that have a better quality cut will produce higher amounts of fire and brilliance. When saving for an engagement ring, plan on buying a diamond that truly sparkles to avoid any buyer’s regret.

one carat diamond
This one carat princess cut diamond is valued nearly $4,000

Save Now To Avoid Regrets Later

One mistake many men make is buying an engagement ring with a diamond they intend to upgrade later. While it is nice to know this is possible, this is not what should set your budget. There is a good chance you will be disappointed in the size of a smaller diamond. So, the best plan of action is to not buy a half carat diamond when you really want a one carat. By starting to save now, even if you haven’t started shopping, you’ll give yourself a larger budget. In the end, you should only purchase a ring that you can truly afford. But, with a good budgeting plan and a carefully thought out proposal, you can create the custom engagement ring of her dreams at a price you can handle.

After you set some money aside in your savings, start your diamond education today from Adiamor!


How to Choose the Right Engagement Ring for Your Future Mrs.


Learning how to choose the right engagement ring

You remember the first time you saw her.

It may have been love at first sight. It may not have been, but you felt that strange “something” when she walked into the room. Or maybe you were “just friends”… until you weren’t anymore.

Whatever the case, your heart is telling you that she’s the one you want to spend the rest of your life with and what’s more, your head is in agreement. If either had hands, they’d be high-fiving. So the next step is the ring.

It’s likely you’ve been informed already that the ring matters. It REALLY matters.

It can’t be just any ring. You need to pick the perfect ring for her. Whether you pick something classic or create your own new design – it has to be perfect.

And we know there is a rather (ahem)… sizable selection of engagement rings for women to be found. But fear not! Your perfect engagement ring is out there. And this guide we’ve put together will teach you exactly how to choose the right engagement ring for your future Mrs.

Learning how to choose the right engagement ring for women is not as hard as you think.

While it’s not unusual for couples to ring shop together, there’s something beautiful and romantic about going it alone. That whole rugged venturing into unchartered territory thing. Kudos to you!

So be not overwhelmed, explorer, by the vast sea of engagement rings for women. This list of considerations will help you navigate any stormy seas.

Don’t worry. You’ve got this.

1. Engage in Engagement Ring Espionage

So you’re going the traditionalist route and looking to surprise her with a ring she’ll love. The first rule, pay attention.

Notice her jewelry preferences. For example, does she prefer silver/platinum to yellow gold? Is she more inclined toward vintage, classic or modern jewelry? How does she feel about diamonds?

Give yourself a few weeks to watch and take mental notes. (Yes, mental. Written notes could be intercepted.)

Also, consider getting some backup – in the form of her best friends and/or her siblings. They can be hugely helpful further down the road.

And by all means, swear them to secrecy.

2. Where Do You Go Now?

Once you’ve gathered the important information from your espionage activities, you can start your jeweler search.

Ask married friends and family members who currently sport engagement rings where they went. If that doesn’t generate any leads, check for stores with an industry organization affiliation. Jewelers accredited by the Jewelers of America or members of the Gemological Institute of America (GIA) are good places to start.

Always find out what a store’s return policy is too. You want to be able to exchange the stone if it’s not exactly the one she wants. (Don’t start sweating. This is a just in case.)

And finally, if you’re working from a humanitarian bent, you may consider shopping at jewelers who sell only conflict-free diamonds and who adhere to a strict, zero-tolerance policy toward conflict diamonds. Be sure they deal with only reputable diamond suppliers who participate in the System of Warranties and follow the guidelines of the Kimberley Process.

3. The Engagement Ring Erector Set

So now you’re well-informed on your soon-to-be fiancé’s preferences, gathered your band of secret-keeping sidekicks and picked out the jeweler.

So, here’s the thing. It’s highly unlikely that you’ll happen upon the ring as you walk into the store. Perfect. Because now you get to do the cool part. You get to build the perfect engagement ring.

You will need to consider a few things in the construction:

“The 4 Cs”

If the stone is going to be a diamond, you need to know these four characteristics of the stone in regards to quality. They are Color, Clarity, Cut, and Carat Weight.

  • The more colorless a diamond is, the closer to perfection it is. When purchasing a diamond, less color means a higher quality stone.
  • Diamonds with more clarity and the fewest amount of flaws such as inclusions and blemishes are considered more valuable.
  • A diamond’s cut grade is proportionate with how well it interacts with light. The higher the grade, the more dazzling the diamond.
  • Diamonds are measured in carats, so the carat weight of your diamond has a huge effect on its price. (The phrase karat with a “k” refers to the purity of gold.)

A qualified jeweler will help you better determine these four characteristics.


While cut refers to the angles of the facets of the stone, shape refers to the actual geometry of the stone. Is it square, oval, round, etc.?


The metal framework which will hold the stone you’ve chosen can set the tone for her special engagement ring.


When it comes to the band, there are a variety of metals to choose from.

Platinum is super durable. It’s also hypoallergenic so it’s a good choice if she has sensitive skin.

Gold is softer and more diverse. It comes in a variety colors, including white, yellow, rose, and even green.

Palladium sounds like a roller skating rink but is actually a metal in a hue that is similar to platinum, but grayer.


This is optional, of course. But having an inscription ensures that her ring will be one-of-a-kind and right from your heart.

4. You Can Budge on Your Budget

The old advice was that you should spend two months salary on a woman’s engagement ring.

The new advice says to simply buy the best ring you can without going into major debt or selling an organ.

If your wife-to-be leans toward the extravagant while your budget leans in the other direction, that’s workable. Maybe get a ring with a slightly larger surface area. It won’t be as impactful, but a one-carat ring will look much larger if the stone isn’t set as deep.

If you’d rather keep the look of the stone intact, here’s a helpful tip. Buying just shy of the next carat – for example, opting for a 1.8 instead of a 2 – can garner a savings of nearly 20%.

As for clarity, buying on the shyer side can still give you plenty of sparkle. Many defects are not even visible to the naked eye.

5. Get It in Writing

This one is no joke.

Diamonds that are one carat or larger should be accompanied by a diamond grading report issued by an independent gemological association such as the GIA or the American Gem Society.

You might also get a “fingerprint” of your ring on the bill of sale, which would include the stone’s 4 Cs, shape, dimensions, and any cosmetic enhancements.

If there is anything else that affects its value, i.e. if it was made by a famous designer, is an antique or period piece, or is handmade or custom-designed, this should also be noted.

Get it on paper, man.

6. Now Sit Back (or Pace the Floor) for Several Weeks

Now that you know how to choose the right engagement ring, keep in mind that once you order the ring, there will be a waiting time. It could potentially take up to six weeks to arrive, maybe longer if you’re having it custom designed. But it will be worth the wait.

Just know that if her best friends and/or siblings are starting to champ at the bit to spill the beans, you may need to resort to bribery. Chances are, they’re almost as excited for her to get it as you are.

Congratulations and good luck! She’s going to love it.


Engagement Rings and the Economy

You might think that an economy in recession would spell trouble for any profession associated with weddings (which are, let’s face it, a big expense). But in fact, you’ll find that there is one adjacent business that continues to do well even when finances are lean: the engagement ring industry. Although couples may push their wedding date in order to save the funds they need to entertain their friends and relatives in style, it turns out that they’re still willing to put beaucoup bucks on the line when it comes to the proposal.

Last year, happy couples spent nearly $10 billion on engagement rings, with the average cost per ring coming in at just under $4,500 (and an average diamond weight of approximately 1.2 carats). And many are turning to alternative methods of purchase in order to save money on their bling and still get a great ring. Most people no longer frequent jewelry stores; instead, they buy their diamonds on the internet (where companies that lack the overhead of a brick-and-mortar location can offer amazing deals to customers looking for diamonds).

However, it turns out that consumers aren’t really spending less money in this area. The average person going out to buy an engagement ring already has a budget in mind, as well as particulars like the cut of the stone, the style of the band, and so on. The reason they are shopping alternate vendors is so that they can get more bang for their buck, not necessarily as a way to come in vastly under budget. And the old rule still seems to apply: those shopping for a ring should plan on a budget that is equivalent to three months’ worth of salary.

While most ring recipients do tend to be involved in the process, they aren’t necessarily the driving force behind dropping a ton of dough on the engagement ring. The truth is that they seem to be keen to have some input into their ring selection, but they don’t want their bling to break the bank. Of course, most couples will certainly want to save some cash for the wedding and honeymoon. But in this economy, it appears that they’re not willing to skimp on the ring, even if it means pushing off the wedding.


How to Stay within a Budget When Buying an Engagement Ring

We can’t all act like celebrities, buying multi-million dollar engagement rings for the women we love. And yet, you want to get the best ring you can since (hopefully) that special lady in your life will wear it for the rest of her life. But wanting something doesn’t necessarily put the money in your wallet. So what can you do to make sure that you stick to a suitable budget when buying an engagement ring, instead of letting emotion cloud your eyes? There are plenty of ways to cut costs and still get what you want. Here are a couple of tips to keep you on track.

You should start by setting a reasonable budget to begin with. The standard practice is to set aside three months’ worth of salary for this major purchase. So if you work at a burger joint, you might end up with a ring that costs a couple grand (whereas a lawyer would have substantially more money to devote to the cause). Either way, you’re probably going to have to save up for a while. This is a good thing since it gives you the time to make sure the big move is really what you want. By creating a goal amount and saving, you’re a lot more likely to stay within your budget.

The next thing you should do is avoid retail stores (and salespeople, in particular). For one thing, brick-and-mortar locations have necessary markups (they are, after all, paying for employees, a lease, utilities, and everything else needed to run their business). In addition, salespeople will always try to talk you into spending more so they can get a bigger commission. Plus, the diamonds in these stores have passed through many pairs of hands, taking on a higher price tag with each transaction. You’re a lot better off shopping online, where all of these additional fees are negated so that you can get the best possible price. Just make sure to find a store that offers both certification papers and a return policy.

While you certainly want to get the woman of your dreams the ring of HER dreams, you don’t have to break the bank to do so. With a little common sense and a firm spending limit in mind, you can easily find the best possible engagement ring within a set budget.