Investing In an Engagement Ring

It’s uncommon for someone to buy an engagement ring on a whim. To avoid issues with sizing, budget and other preferences, the proposal process is typically well-thought-out. After all, an engagement ring is a major investment in cost, symbolism and time spent finding the perfect one.

With these points in mind, start mapping out your strategy with the following tips.

1. Do Your Research

There are two big factors to consider: What your partner likes, from style to design details, and what goes into a ring’s price.

Choosing a ring that suits your partner can often be relatively straightforward. By fashion and decor choices, you can get a sense of what’s going to be the best fit. Still unsure? Perusing her existing jewelry collection gives you another frame of reference and an accurate ring size!

Aesthetics are only one piece of the puzzle. Costs can range based on the 4Cs: Cut, clarity, color and carats. Carat weight greatly affects how much you will pay, while cut influences how bright and luminescent a stone appears.

2. Make a Budget

You may have heard from an old De Beer’s campaign that an engagement ring should cost roughly two months’ salary. However, times have changed and so have budgets. Today, the average adult likely has student loan debt and is renting property to save up for a mortgage. Other financial obligations like car payments and medical bills also take a chunk out of available funds.

Calculate your monthly expenses to see if the cost of an engagement ring can be factored into your bills. If you are unable to pay outright for the ring, consider our financing options to make monthly payments.

3. Begin to Browse

It’s quick and accessible to browse online, but nothing beats seeing an engagement ring in person. Bring your ideas to our store for a personalized, free diamond consultation to get you on the right track. We’ll help you narrow down the search to five or six rings before you make a decision and have it sized.

4. Develop a Timeframe

Never rush your search; have a strong idea of the amount of time needed to pick out an engagement ring. While an official date is not necessary, be sure to factor in:

• A couple weeks for research.
• A month or two for browsing.
• Four to six weeks for custom creations.
• A day or two to set a stone and a week of sizing, if your partner isn’t a standard 6 or 7.

Stop into one of our convenient CT locations to see our full selection of engagement rings, loose diamonds and more!