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How to Budget for Your Diamond Wedding Ring

How to Budget for Your Diamond Wedding Ring

A wedding is a symbol of eternal commitment, and there’s no doubt it must be special for both. Likewise, the ring you choose for your wedding must also symbolize the bond you both share. Choosing the right ring that fits your budget can seem a bit overwhelming, especially when you don’t know where to start. But, worry no more. Below are some of the tips that you might want to consider before buying your diamond wedding ring.

Budgeting is the Key

While budgeting, you must consider how much you can fork out for your wedding ring. Of course, everyone wants to start on the right foot, but that doesn’t mean you need to spend a lot. Spending how much you can actually afford is a wise and legit choice. Take your time and decide as a purchase this big should never be rushed or taken lightly. Budgeting will also allow you to monitor your spending and cut back the cost wherever necessary.

Know Your Partner’s Expectations

There’s no point in buying something expensive if your partner won’t like it. Women usually wear rings regularly and knowing the preferred style can further help you find the perfect diamond wedding ring. But don’t stress too much. At the end of the day, no matter what ring you get, your partner is going to appreciate the effort you’ve invested in just finding the perfect one.

How to Budget for Your Diamond Wedding Ring

Consider Your Financial Status

Understanding your financial situation is another crucial factor in budgeting for your wedding ring. After all, finances tend to merge after you get married. Before buying your wedding ring, you must take into account your current income, expenses, and savings. So along with your partner’s expectations, an equally important consideration is how much you can afford to spend.

How to Budget for Your Diamond Wedding Ring

How Much to Spend 

How much you should be spending on your wedding ring ultimately depends on your overall wedding budget. Remember, there’s no rule of thumb involved here. Most often, couples spend three percent of their budget on wedding rings. But that doesn’t mean you’ll also have to spend the same amount.

How to Budget for Your Diamond Wedding Ring


Things to Consider

a) Your lifestyle: You need to consider your lifestyle while deciding on what type of diamond wedding ring you’d like to get. Maybe you’re interested in a non-traditional wedding ring or maybe something more traditional that can be worn every day. Maybe you are someone who is active or works with their hands, some styles or metals will be better suited than the others.

b) Metals to choose: Each wedding ring metal is entirely different and should be thoroughly researched upon. There are certain pros and cons associated with various options that you should be aware of.

c) Pairing it with your engagement ring: If you want your wedding band to match with your engagement ring, then your selection might be much more limited. Also the price you pay may be more out of your control. The cost of your ring will be higher if you decide to custom design to have it exactly matched.

Buying Your Ring Online

Once you are done planning your budget, consider buying your ring online. This will allow you to stretch your buying power as you’ll get relatively better and more extensive options than local jewelers.

How to Budget for Your Diamond Wedding Ring

Don’t forget to check out for an exquisite assortment of diamond wedding bands. There are eternity bands, half eternity bands, infinity bands and more.

At Angara, you can also earn exciting rewards by referring your friends. Your friend gets a special offer and a jewelry gift on their first purchase. You’ll get a complimentary jewelry gift too!

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