How To Save For A Wedding Ring
If you dont want to be stuck paying for two tiny rings when youre raising a family you best stick to a budget and follow these tips to save money on your wedding band.
How to save for a wedding ring. 6262020 Comparison shopping is one of the best ways to save on wedding costs. For example choosing a white gold metal setting over platinum will save you lots of cash on your wedding ring. These alternatives are more affordable and are as attractive and rare as diamonds.
Sadly most people go straight for the mall jeweler without considering the alternatives. Jewelry is expensive and thats a fact. You can often get discounts for paying in cash and youll save on interest charges.
Since the ring is created custom it did take just under three weeks to be delivered from the time I purchased it. 14- Pay in cash. If you are making 1000 per month spend 2000 on an engagement ring.
7312019 Old school wisdom says that you should spend two or three months of your annual salary on a ring but. 8152018 Of course the other has to approve of the choice before buying the wedding rings. Wedding savings should be liquid and easily accessible to pay for wedding costs as they arise.
1282020 Do NOT buy from a chain jeweler If you want to save money on an engagement ring or wedding rings skip the chain jeweler. It helps you negotiate better. Before I knew better I did too.
Sounds simple but the old 2-month rule of thumb is a BAD idea. If youd like to use an engagement ring calculator to determine a ballpark budget go right ahead but steer clear of hokey versions. 3102021 You mustnt spend as much as weve predicted the average cost of a wedding ring to be.