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Buying a Cheap Engagement Ring: Does It Really Makes You Cheap?

You've found the love of your life, and you're almost ready to pop the question. Before you propose, though, you need to find the perfect engagement ring. A quick look at online jewelers or a peek at the inventory of a local retailer will likely reveal a painful truth: Traditional diamond engagement rings are very expensive. 

You shouldn't let a few thousand dollars stop you from being with your soulmate. On the other hand, you shouldn't have to sink into debt over a single piece of jewelry. The good news is that there are affordable alternatives to high-dollar engagement rings, even if you're working with a modest budget.

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Shopping for a cheap engagement ring doesn't make you a cheap person. It makes you a savvy, responsible consumer who doesn't let pressure from old-fashioned jewelers cause you to begin a new life under a pile of unnecessary debt.

Don't believe us? Keep reading to find out why buying a cheap engagement ring under $100 is a smart decision to make before asking your sweetheart, "Will you marry me?"

Bargain Shopping Is Praised Everywhere Else

In modern American society, we've been trained never to pay full price for anything. We're always on the lookout for incredible deals on everything from cars and houses to groceries and Groupon experiences. Does refusing to pay the full asking price on a new vehicle or taking advantage of a few coupon codes make you a miser? Hardly. Why should shopping for cheap engagement rings be any different?

The BuzzFeed series Worth It: Lifestyle recently compared a $1,065 engagement ring with an antique $13,400 ring and a $55,000 diamond ring. While host Steven Lim found the cheapest ring featured in the episode to be the best choice for the money, that price tag is still a little high for many bargain hunters.  

We applaud thrifty shoppers every day in this country. Why should people who want to get married be held to a different standard? They shouldn't - especially when there are cheap engagement rings under $100 available that are as gorgeous as a traditional diamond ring without the astronomical price tag.

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For example, our Bliss engagement ring on Jewels for Bride comes in gold-finished stainless steel and features a band of round-cut crystals that will give your sweetheart's hand all the polish and sparkle of a high-dollar ring at a fraction of the cost. Choosing a token that's beautiful, affordable, and long-lasting makes you a smart shopper - not a cheapskate.

It's Not the 1950s Anymore

As you've been thinking about buying an engagement ring, the phrase "A diamond is forever" has probably crossed your mind. Did you know that this slogan was created as a marketing tagline in 1947 by De Beers? Diamond sales were down for the first few decades of the 20th century, and this diamond corporation needed to create a higher demand for its products. Tying eternal love with diamonds quickly resulted in an uptick in sentimental jewelry sales. By 1950, 80% of brides-to-be were wearing diamond engagement rings.

De Beers recommended that shoppers save up two months' worth of their salaries to buy a diamond ring. While putting aside that much cash to pay for a piece of jewelry is difficult in any decade, this lofty goal was a little bit easier in the 1950s. College tuition was more affordable, there were no internet or cellphone bills, and housing costs for both renters and homebuyers were much lower than they are today. 

These days, it's not unheard of for people to work a few side hustles on top of a full-time job to be able to scrape together enough cash to get through the month. How does refusing to spend your hard-earned money on an expensive engagement ring when there are affordable options available make you a cheap person?

Anyone intrigued by how businesses can turn themselves around using a simple, four-letter message and a standard cost based on buyers' paychecks might find this story to be inspirational. For savvy, modern-day engagement ring shoppers, it's a stark reminder of the myths that industries create to rope in unsuspecting consumers.

Diamond Markups are Outrageous

The diamond industry has been preying on unsuspecting lovers for a long time now. Today, high-end retailers are selling diamond rings with markups exceeding 300%. Refusing to be a part of this predatory system by shopping for an engagement ring under $100 doesn't mean you're cheap. It means that you're not willing to throw your money away on a scam.

Some diamond experts recommend saving on a diamond engagement ring by selecting an undersized, low-grade, off-color stone. Are you desperate enough to buy a diamond ring that you're willing to settle for something that's far from the best? Is that low-but-still-unaffordable price really worth it?  Why not just select a cheap engagement ring that features flawless cubic zirconia? You can put all the money you save toward building a new life with your bride-to-be.

If you ever have to resell a diamond ring for any reason, don't be surprised if that diamond doesn't fetch an attractive price. Unlike scrap metal, there are no set-in-stone measurements for diamond resale prices. Factors like quality and market demands may influence the resale price, but you'll never get back what you originally paid for that diamond. 

Doesn't it seem like investing thousands of dollars in an expensive engagement ring is the wrong financial decision?

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The fact of the matter is, you can get a breathtaking engagement ring that shines like a high-grade diamond at a fraction of a high-end jewelers' asking price. A cheap engagement ring under $100 like Forever After at Jewels for Bride gives you all the bling of an expensive bauble without the inflated costs created by the diamond industry. And because this style features clear cubic zirconia stones, you don't have to worry about the embarrassment of choosing a small rock with poor color and clarity ratings.

Your Marriage Should Start on the Right Financial Foot

Americans spend an average of $6,324 on their engagement rings, according to Business Insider. That figure is staggering, especially if you're about to start a new life with your fiancee.

Take a moment to consider what you'd like to achieve with your bride-to-be in the next few years. Do you want to buy a house, start a family, or maybe take the trip of a lifetime together? Perhaps getting out from under old debt or merely living a comfortable life is all you want. Whatever your goals are for the near future, a few thousand dollars would probably make achieving them a whole lot easier. Why spend that sum on a ring?

An engagement ring is a symbol of your feelings for your special someone. However, it's the things you do that ensure your partner can be happy every day that truly demonstrate your devotion. Being able to lay a strong financial foundation for a great future together is more important than any piece of jewelry.

It's Just a Fact: You Can Get Beautiful Rings for Less

The diamond industry cornered the market on engagement rings in the middle of the 20th century. Decades later in the Digital Age, we have so many more options beyond the overpriced jewelry sold by pushy salespeople in brick-and-mortar stores.

 

 

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Online sellers offer a wide variety of stunning engagement rings in an array of high-quality materials. You're sure to find the perfect token of your love that will keep you within your budget and out of unneeded debt. And while you're saving money by shopping for a cheap engagement ring under $100 online, you're also cutting gas costs by skipping the hassle of driving around town searching for a deal on a subpar diamond. Think of the time it saves you as well! You can spend those precious minutes and hours with the love of your life - not racking up a credit card bill on an overpriced stone.

Jewels for Bride Can Help

At Jewels for Bride, we're happy to serve smart shoppers who aren't worried that buying a cheap engagement ring will make them look cheap. Our affordable selection of hand-picked styles fits even the tightest of budgets without skimping on quality, beauty, or design.

You don't have to wait to save up for an overpriced ring before popping the question. And you definitely don't need to spend months or years paying down thousands of dollars spent on something you could find much cheaper with us.

Additionally, our engagement rings come backed by a 100% satisfaction guarantee as well as a lifetime warranty. You can rest assured that your fiancee will be wearing her ring for years to come.

Are you ready to snag something sparkly for your bride-to-be? Browse our collection of cheap engagement rings in 925 sterling silver and high-quality stainless steel. If you have any questions before deciding on the right ring for her, feel free to contact our team. We'll make sure that you find the best option that honors your new life together as well as your budget. And remember: Buying a cheap engagement ring does not make you cheap!