How to Save Money Buying an Engagement Ring

So you've decided to "pop the question" to your wonderful girlfriend. Do your homework before you begin shopping for her ring. Her engagement ring is something she will have with her the rest of her life. She's also going to show it off to all of her friends and family members, so make sure you do a good job. Yes, engagement rings are expensive, but there are a lot of ways to save money when buying her ring.

Strongly consider buying the diamond and setting separately. This can save you money in a lot of cases.

Using an online ring store can help you get a feel of prices and ring styles. An online company like Bluenile.com can save you a lot of money on buying an engagement ring. There is not a much of a mark-up on price due to overhead and salary/commission.

When you finally decide to buy, you may need to finance the ring. That is totally fine, but finance the right way. Jewelry stores will charge a higher interest rate than if you were to get a loan through your bank.