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ENGAGEMENT RING GUIDE

SETTING YOUR BUDGET

 
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SET A BUDGET  |  CHOOSE A DIAMOND  |  SELECT A RING  |  METAL OPTIONS  |  RING SIZE
 

ESSENTIALS: SETTING YOUR BUDGET

As a part of your initial research and preparation before you start looking for an engagement ring, you should think carefully about your budget. Knowing your limits and having a rough idea of what you would like to spend will help you to whittle down the options and allow you to find a beautiful piece that you know you can afford.

Over the years many myths have evolved about how much should be spent on an engagement ring – some say two month’s salary, others say three. The truth is, this was dreamt up by an advertising company not long after World War II, to boost the sale of diamonds. While it is worth buying the best you can afford (after all, your wife will be wearing this ring for the rest of her life), the gem and band you choose needn’t bankrupt you! There are no hard and fast rules, and if one person feels happy to save up a substantial sum, another will be looking for something simpler and more cost-effective. Think about how much you can seriously put aside, and go from there.

MAXIMISE YOUR BUDGET

BUYING GUIDES

OPTIMISE YOUR BUDGET WITH THE 4 C's

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MAXIMISE YOUR BUDGET

You have fixed a budget. Now comes the fun part – designing the perfect diamond engagement ring. If you want to maximize the money you have to spend, there are some clever ways that you can do so. Have a think about these options, and create a ring that your fiancée will love. 
 

Consider a Golden Opportunity

Platinum is one of the most popular choices for diamond engagement rings, and it is an attractive and long-wearing option. However, it is also the most expensive metal on offer. If you particularly like the frosty hue of platinum, you could try white gold instead, or opt for another gold – the pretty and contemporary rose gold, or classic and versatile yellow.

SHOP RINGS BY METAL COLOUR


Find Strength in Numbers

Remember that diamond prices rise exponentially – one big gem will set you back considerably more than a collection of smaller ones. Think about designing a setting that features a central stone set off by a halo of complementary gems, or an eye-catching arrangement of mixed weights. Your ring will dazzle just as brightly.

BROWSE DIAMOND BAND RINGS


Try a Fancy-shaped Diamond

Round brilliant diamonds are without a doubt the most popular choice for engagement rings – over three quarters of all rings feature these stones. Why not try something a little different? Fancy-shaped diamonds such as oval, marquise and princess cuts can cost considerably less, and are an original and enchanting choice.

BROWSE FANCY SHAPE RINGS


Go for an Under-weight Diamond

It is possible to find diamonds that weigh slightly less than the standard carat cut-off weights, and these are very good value for money. A stone that is 0.9 rather than 1 carat will set you back far less, and the difference in size will hardly be noticeable at all.

SEE HOW TO CHOOSE A DIAMOND


Add a Pop of Colour

Choosing a coloured gem as your central stone or adding a few to a detailed setting is a great way of lowering the cost of an engagement ring while also increasing its beauty and individuality. Splashes of colour from sapphires, emeralds or rubies bring drama and excitement to your creation.


Use Our Expert Help

You should begin to think about the above options by yourself, but once you are ready, we are here to help you. From conservative to larger budgets, at Hearts of London we can provide the expert knowledge you need to guide your choice, and give you the support necessary to design a stunning diamond engagement ring that offers value for money and top-quality craftsmanship. 

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SET A BUDGET  |  CHOOSE A DIAMOND  |  SELECT A RING  |  METAL OPTIONS  |  RING SIZE

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