Post # 1
My SO and I were casually looking at rings in the store window this weekend and I was somewhat surprised by the prices. We agreed to spend about one month’s salary, which would purchase 0.5ct – 0.75ct. If we save up and stretch to 1.5 months salary we might possibly get a carat if we shop in the sale. We’re not exactly poor (he earns $50k), yet it would be a stretch to buy a plain 1ct solitaire. Additional features like side stones or a halo would push the price up to 2.5 months salary.
I see so many large and beautifully elaborate rings posted here, so now I’m wondering if my SO is being mean by restricting the price to one month’s salary? Excluding the minority of SOs who are well off, the majority of SOs must be spending more months salary than mine is?
Post # 3
Is your SO being mean? No, not at all. He decided on a budget that he felt comfortable with, to buy you a piece of jewelry that will make you happy and show you his commitment to spending the rest of his life with you. He certainly did not choose the budget to hurt your feelings or make you feel any less than the other Bees with larger rings. Chances are, your SO probably didn’t know exactly what carat size would fall under what price range, only a vague estimate. If you really are bothered and want something bigger than the budget he currently chose allows, then sit down and talk to him about it and try to reach a compromise. I don’t know how your SO is, but keep in mind that there are many reasons he may have chosen this budget, such a saving money for a future house or travels, etc. At the end of the day though, if it is his salary paying for the ring, you should be happy with whatever he gets you. There will always be women with bigger rings, bigger budgets, etc. And remember, it’s not the size of the ring that counts, but the depth of the promise behind it.
Post # 4
It really depends on your salary, if I were you, choose another one~
Post # 5
We discussed our budget before we even looked at rings. One month’s salary seemed like a reasonable amount and I thought it would buy me an extremely nice ring… until we actually browsed in a store and realised we couldn’t even get one carat for that price, and we’d have to more than double our budget to get a fancy setting as well.
So now I’m actually wondering whether one month’s salary is a reasonable amount to spend considering that I can’t even buy a plain 1ct solitaire for that price. Are the nicer rings I see on this board being purchased with higher salaries, or are other bees SO’s simply saving harder and spending more months salary?
Post # 6
I think 1 month’s salary is plenty of money to alot for a ring, diamonds are just terribly overpriced, unfortunately. I was surprised when I first learned the prices too.
Post # 7
One month salary for my guy is around £1,200. I really wanted around a carat in size, and even looking at Blue Nile there was no way I could get the look I wanted for that price with a diamond.
That’s why I started looking at moissanite and we’ve got a 1.25 for £500. We’re spending £700 on a beautiful setting and I couldn’t be more thrilled.
Which is more important to you, the look or the diamond? Because you’ll have to compromise one way or another so it’s a good idea to choose now which is more important to you.
I don’t think it’s fair to ask him to spend more.
Post # 8
A man can spend whatever he feels comfortable spending on a ring. Some men just happen to spend more than others. The inflation on little shinies is just a bit ridiculous. You can usually find a great deal online, if both of you are willing to go that route.
ETA: the shape of the stone plays a part in price too. rounds are one of the most expensive because they are cut for size and sparkle. the increased popularity in cushions have bumped up prices as well, plus its considered a “fancy” shape. so depending on the stone shape you have your heart set on will influence cost.
Post # 9
If you’re concerned with getting more carat weight for your $, I would get out of the stores and try wholesale or online (Blue Nile, Brilliance and James Allen are all very reputable online jewelers, and you won’t be paying the high overhead price that you would be paying at a retail store). We went this route, and paid the SAME price for a 1 carat solitaire in 950 platinum that we would have paid for a .50-.75 carat ring in white gold. The clarity and color of my diamond are even VS1 and I (which faces up very white), not to mention the cut is ideal. Most big box stores carry diamonds in the SI-I clarity range, which can either be good or bad. Given your concerns, I would scope out one of the three websites I mentioned. You may be surprised to see that you’ll have many more options 🙂 Good luck!
Post # 10
First, I love that you guys have a budget and want to stick with it.
Second, maybe you should look at something other then a diamond if you want a more bling for your buck.
My SO and I did the same thing, set a budget and then got sticker shock as soon as we started looking. So I started to look at Sapphires with maybe smaller diamonds in the band or set around the stone. The price made me much happier! I actually showed him some white sapphire rings that have smaller white sapphires all around it and it is breath taking for $100. Just don’t get discouraged there is something out there you will love, that is well with in or maybe way under budget! 🙂
Post # 11
@Gorjuss: I’m not sure where you’ve been window shopping, but have you been looking at a local jeweler? My SO and I were kind of int he same boat. He had a set dollar amount he wanted to spend (just a number we were both comfortable with). We actually started browsing at the big box jewelery stores and I was floored by the prices on the rings in there – and the selection in our price range. We visited a local jeweler and I couldn’t believe the price difference. Seriously, similar rings were a good $500-$1000 difference.
Post # 12
If you’re set on the look of diamond, look at Moissanite (a favorite on the Bee), white sapphires, white topaz, and other white/colorless stones that aren’t diamond. You might find something you like even better, and they’re all less expensive than diamond.
Post # 13
Be creative with looking. Check out sites like Pricescope where users will help you find the best overall value for your budget through online retailers or take a trip to the pawn shop and make an offer on a ring to have the diamond reset. If you like antiques, look around for those. You can do a lot with any budget, you just have to be smart about how you use it! FWIW I wouldn’t go to big box stores because its usually a rip off.
Post # 14
My FI spent about two months salary. Personally, I think that that is probably too much money for a ring… but I LOVE my ring and wouldn’t want anything else. We are in a good place financially so it didn’t “hurt” us to spend that much. I just am not sure it that is WHERE the money should have gone, does that make sense?
I understand where you’re coming from. I think you’re probably just feeling a little bummed that he is being limiting. Think about it this way, it is GOOD that he budgets and is trying to be reasonable with his money. That will be good for you both long term. In the meantime, there are plenty of options! I personally think that a .5 – .75 diamond would be beautiful. Keep in mind that you can always upgrade later! I’d recommend finding a setting that you love and get a diamond that you can afford on top of that.
Post # 15
Check out Bluenile, you get a better quality ring for a lower price.
Post # 16
@peace747: We browsed in the big stores in the mall and got “sticker shock”, as you call it! I guess we were assuming that sort of store catered for the average shopper on the average salary, and as SO earns slightly more than the average salary we thought that our budget would cover a wide choice of rings. In actual fact only the smallest/cheapest diamond rings came within our budget of one month’s salary. The 1ct diamonds (middle of the range) were 2-4 months salary, and the larger rings (top of the range) were just totally out of reach.
We tried Costco and the prices were (surprisingly) about the same. Blue Nile was a little cheaper for 1ct but still double our budget. The cheapest price we’ve found is $4k for a 1ct emerald cut solitaire of dubious quality, so still more than $1k over budget before we even consider upgrading to a fancy setting.
I really wanted a diamond for the sparkle – I saw some white sapphires and topaz but they didn’t have the same fire. I suppose I’d consider moissanite, though I’d have to travel a couple of hours to a store which stocks it, and reading some reviews has made me a little concerned about it appearing yellow or greenish instead of white.