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Don't Break the Bank: How to Find Affordable Wedding Rings

May 07, 2019

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The average American spends a whopping $5,500 on an engagement ring and another $1,000 just for her wedding band. When you also have to worry about paying for a wedding without starting married life off in debt, you’re probably looking for ways to cut costs wherever you can.

But when you show up at the jeweler with your budget, you may be disappointed at the small selection you have to choose from. Do all rings really have to be this expensive?

The good news is that they don’t! There are plenty of opportunities to get affordable wedding rings if you just know where to look.

Do you want to discover how you can find wedding rings you love without breaking the bank? Keep reading to learn more!

Use a Family Heirloom

Did your parents save your great grandparents' wedding rings? If they’re just sitting in storage collecting dust, consider using these as your wedding rings.

Not only will you have rings that are sentimental and passed down through generations, but you’ll also likely get a one-of-a-kind design. And of course, they’ll be absolutely free!

If you don’t have access to family heirloom rings, you can still save a ton if you have other types of diamond jewelry. Your jeweler can remove the diamond from a pair of earrings or necklace and put it in an engagement ring. Since you can find plenty of affordable settings (it’s the diamond that makes them so expensive), you’ll be able to get a gorgeous and high-quality ring on a budget.

Wait for Sales

If you’re a budget shopper, you’re probably used to waiting for sales. Well, buying wedding rings is no different.

Jewelry stores regularly hold sales where you can get quality rings for a fraction of the price. You can ask them when their next sale is, or see if you can sign up for their mailing list to get notified the next time a sale takes place.

Additionally, be sure to avoid shopping around December and February, as these are popular times to buy jewelry, including engagement rings.

Buy the Set

It’s becoming more and more popular for engagement rings to have a matching band. While you’ll need to have a bigger investment ready upfront, you can often save by buying the engagement and wedding band together.

This is also true when it comes to buying his wedding band. Some jewelers will offer an even higher discount when buying the engagement ring and both bands at the same time.

Go for a Unique Material

Who says 24k gold is your only option? You can save a ton of money by going for a more affordable material.

Titanium and silver look very similar to white gold but can be purchased for far cheaper. You can also find a unique and affordable wedding ring made of wood or tungsten.

Perhaps the cheapest option is a silicone ring. It’s also great for anyone who works around electricity or does manual labor work. Many companies may require you to remove traditional rings every day, but silicone rings are breakable, so they usually don’t go against safety policies.

If you’re set on getting a gold ring, consider downgrading to 20k gold. It’ll still look amazing and be durable, but it’ll be cheaper than going for 24k.

Skip the Diamond

Not all engagement rings need to have a diamond in them. You can often find engagement rings with sapphires, rubies, and emeralds. However, these can also get pricey, so you may want to look into opal, aquamarine, or moonstone.

If you want the look of a diamond, consider white sapphire or moissanite. Both are durable and will give you that sparkle you’re looking for.

Lab-grown diamonds are another great option. These are 100% real diamonds but come at a cheaper price because they are made in a lab instead of mined for in the ground. This also means they are more ethical and often times purer than their natural counterparts.

Buy Online

Oftentimes, you can get the same ring at a more affordable price when you buy through an online retailer. Since they have less overhead to make up for, they can sell their products for a lower price. This is especially true if you live in an area with a high cost of living.

Plus, it’s much easier to browse through tons of online sites to find the right one than it would be to visit tons of jewelry stores.

Go to a Pawn Shop

The good thing about diamond and gold jewelry is that they’re made to last a lifetime. In most cases, they’re durable enough to outlive their owner.

Because of this, you can find plenty of wedding rings that are in great condition at pawn shops. Just make sure you check for things like engravings, dings, scratches, and chips to ensure you get a gorgeous ring.

Depending on the size and popularity of the pawn shop, you may have a surprisingly large collection to choose from. Plus, you’ll likely find some great vintage rings for something truly unique.

Finding Affordable Wedding Rings

You don’t have to pay an arm and a leg for your engagement ring and wedding bands. Instead, follow the tips above to find affordable wedding rings that you love. From using a family heirloom to visiting your local pawn shop, there are tons of options to cut costs on an otherwise expensive piece of jewelry.

Do you want to learn about how you can have a marriage centered in faith? Then view our collection of Christian relationship videos today.