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Can you get an engagement ring for under 500?

Can you get an engagement ring for under 500?

Blue Nile offers a wide selection of affordable engagement rings under $500. As you customize your own handcrafted ring, keep costs lower by selecting a white gold setting and a fancy cut diamond. To maximize brilliance, choose cut quality over carat size.

How Cheap Should an engagement ring be?

General Rule: You should spend at least 2 months salary on the engagement ring. If, for example, you are making $60,000 per year, you should spend $10,000 on the engagement ring.

Can you get a diamond ring for 500 dollars?

You can buy a large authentic center diamond for under $500, but it is likely to have very low cut, color and clarity grades. This means the stone will not reflect light well, may have some inclusions and a gray or yellow tint. A larger, lower cost diamond may also be less durable.

Can you buy an engagement ring on a payment plan?

Financing an engagement ring allows you to purchase a ring that costs more than the cash you have on hand. When you finance, you agree to a payment plan or contract with the loaning entity. Promotional periods, interest rates and monthly payments are agreed upon upfront.

Who should pay for engagement ring?

Many couples are just both happier with the man shouldering the entire financial responsibility. 100% on the woman. Even for very-modern couples, this is rare. Usually, the man will want to contribute towards the ring, and the woman will also want him to be at least a minor financial partner on the ring.

Is 5k too much for an engagement ring?

Yes. A budget of $3,000 to $5,000 is absolutely enough to buy a beautiful engagement ring that your fiancé-to-be will love. For example, this stunning 1.2 carat, K color, VVS1 round diamond set in a beautiful 18K yellow gold solitaire ring from James Allen is $4,860.

Should a girl pick her own engagement ring?

Traditionally, the groom picks out the ring for his bride, one of the few choices he has to make for the wedding. However, modern bridezillas are trying to take control of this, too, with an increasing number of women choosing their engagement ring.