4 Hidden Tricks of Saving Big When Buying Wedding Rings (Never Go to a Store)

Monday, May 14, 2018

The wedding industry is geared to convince you that weddings are expensive and it’s not a “perfect” ceremony if you don’t spend enough. It’s okay to go big on your wedding, but it opens the door to financial misery if you end up crossing the budget in each and every front. One of those areas where couples often end up overspending is wedding rings. In a bid to get a ring with a large rock, people often end up spending way more than they should. Considering a platinum and diamond wedding set can cost upwards of $2500, it makes up for a huge chunk of the wedding fund. If you want a special wedding ring without the burden of debt, here’re 4 hidden tricks that can help you save big when buying wedding rings.

Identify the Impulse and then Kill It:

Buying an expensive wedding ring may be a dream for some but it’s hard to fathom that everyone shares the same goal in life. If it’s your life’s goal to buy an extravagantly expensive wedding ring (no harm in that) then you should start saving early. However, most people feel the urge to spend big right when they are at the jewelry store. This is a clear indication of an impulsive trigger that can lead people to swipe the credit card and get something that doesn’t make financial sense. If your aim is to save money, you will have to successfully identify the impulsive trigger and quash it before it sweeps you away.

Train Your Mind to Pay for Exclusivity Instead of Tradition:

First off, diamond and platinum wedding rings are not at all exclusive. From supermarket jewelry sections to boutique jewelry stores, people buy these rings all the time, which makes them pretty common. This means if you suffer from the belief that these wedding rings are one of a kind then you are headed towards disappointment. As soon as you start showing off your new ring, you will figure out that your neighbor, relatives, and friends have similar, if not better, wedding rings. That’s because diamond wedding rings are unbelievably common. This begs a question. Why do you want to spend so much on something that everyone else has? Train you mind to find something more exclusive. Something like an emerald or ruby encrusted ring looks refreshingly different. Lookup semi-precious stones such as peridot and aquamarine, which look different yet luxurious.

Never Go to a Jewellery Store:

The key to buying affordable wedding rings is to stay clear of jewelry stores. Everything from the ambiance to the way store executives speak is geared to make you spend more than your budget. When you go to a store you are also limited by the collection of that particular outlet. This means you would have to go store to store before you find something you like that fits your budget. Buying wedding rings online, on the other hand, keeps you safe from impulsive buying and smooth-talking salesman.

Keep Multiple Browser Tabs Open:

Now, that you see the merit of buying wedding rings from online jewelry stores, here are a few pointers. It’s important to buy from an online store that offers easy returns and home trials. It’s also critical to check if the products come with certificates of authenticity and independent gemological lab reports. Considering you have those covered, it makes sense to keep multiple tabs open when shopping for wedding rings. This will allow you to compare the prices and find the best deal.  

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