Are You Cheap if You Buy a Cheap Engagement Ring?

Shopping for an engagement ring is stressful. Today, men and women feel incredible pressure to conform to a norm that says an engagement ring should be a significant investment. It is expected that the giver will spend thousands of dollars on a ring. This is fine if you both want an expensive and unforgettable ring, but you don’t have to go that route.

You aren’t cheap if you buy a cheap engagement ring as long as you do it for reasons that are agreeable to both you and your fiancée. Purchasing a cheap engagement ring is often the result of a lot of careful thought. It can be the right decision for several reasons.

Her Priorities Aren’t On Jewelry

Lots of women long for a diamond engagement ring that dazzles the eye, can’t be missed when worn, and elicits gasps of admiration because of its size and value. Equating a large and expensive stone with commitment and devotion isn’t unusual.

But if your fiancée doesn’t wear a lot of jewelry and doesn’t really care about whether her engagement ring is expensive, a cheap engagement ring makes more sense.

For some women, the ring is a symbol of commitment, not of financial status. Small or large, diamond or moissanite, it doesn’t matter. If the ring fits her style and your budget, she will be happy. This is one reason more couples are opting for alternative gemstones or smaller diamonds. Other options include moissanite engagement rings and family heirlooms.

You Have Other Investments in Mind

Cheap engagement rings can free up funds you may have saved for a ring for other purposes. If you and your fiancée want an unforgettable honeymoon, are trying to start a business, or love playing the stock market, buying an expensive ring may not be the right choice. A cheap engagement ring means more financial flexibility to do other things and invest in other ways.

You and Your Fiancée Choose Personal Value Over Monetary Value

Some people say, “Money is no object,” when shopping for a ring and spend thousands of dollars. Others say, “Money isn’t important to me,” and they mean it. For them, the value of an engagement ring is in the emotions invested in it and the fact that it demonstrates to the world that two people have committed to each other.

If you don’t care that others may wonder about the ring’s value or meaning, consider looking at vintage rings or rings with alternative stones.

There are lovely vintage rings in antique stores and second-hand shops that have diamonds with old-fashioned cuts for a fraction of what you’d pay at a jewelry store. You may also want to check out listings for used engagement rings online if you aren’t superstitious.

You Have Ethical Reasons to Choose a Cheap Engagement Ring

Buying a cheap engagement ring may have nothing to do with the monetary cost of a diamond. Perhaps for you, the ethical and environmental price is too high. It isn’t easy to know the source of any diamond.

If you have qualms about buying conflict diamonds or diamonds that come from environmentally questionable mining operations, consider a cheap engagement ring made from a gemstone you know was ethically mined or lab-created moissanite. These will be less expensive and give you a clearer conscience when you slip the ring on your fiancée’s finger.

You’re a Smart Shopper

People equate engagement rings with large, central diamonds. These center stones are what make diamond engagement rings so expensive. The larger the stone (and the fewer flaws it has), the higher the price tag.

If you’re a smart shopper, you realize that a diamond engagement ring can be beautiful without spending a fortune on a huge solitaire. A cheap engagement ring can still look beautiful and expensive if you keep a few things in mind:

• An engagement ring doesn’t have to be flawless. If your fiancée longs for a large center stone, look at stones with minor flaws that aren’t immediately noticeable.
• Consider an engagement ring with a smaller center diamond surrounded by accent diamonds. Rings with clusters of smaller diamonds are less expensive per carat weight than a ring with one larger diamond. The surrounding diamonds also add sparkle and fire, giving you lots of dazzle.
• There doesn’t have to be a center stone. A band of smaller stones, particularly if they are gemstones with meaning to you, is a unique option that isn’t a cookie-cutter engagement ring.
• Choose a gemstone other than a diamond. What is her favorite color? Or her birthstone? Does she believe in the power behind certain gemstones? A cheap engagement ring with a colorful stone that has meaning to her is deeply personal and shows you understand her.
• If she’s into vintage style, many rings in Art Deco and Victorian styles feature intricate metalwork and multiple smaller diamonds that are less expensive than large solitaires and contemporary styles. These elegant rings use elaborate settings to enhance the look of the diamonds set in them.

A Cheap Engagement Ring Now, an Expensive One Later

If you long to propose to the one you love now but can’t afford the expensive ring you’d like, it’s fine to get her an engagement ring you can afford with the understanding you’ll replace it later. A cheap engagement ring during the lean years can always be replaced by a larger, more expensive style when your ship has come in.

In many cases, the cheap engagement ring becomes a symbol of working together toward a common goal and is so cherished it’s never replaced. In other cases, when a more expensive ring is purchased, the first one becomes a right-hand ring as a reminder of how your commitment to each other started.

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A Cheap Engagement Ring Can Still be Gorgeous

With a dazzling array of options available, a cheap engagement ring doesn’t have to look cheap at all. An inexpensive engagement ring set with a moissanite gemstone can fool almost anyone, masquerading as a diamond that would cost much more. Vintage rings have their own exceptional beauty that is stylish, elegant, and a nod to tradition.

Less expensive stones such as aquamarine or amethyst can also be cheap engagement rings that are highly personal, beautifully fashioned, and an unmistakable sign of your love and devotion. Are you cheap if you buy a cheap engagement ring? Not if both you and your fiancée cherish what it means.

By: Lori Hilliard