There are several ways to finance your engagement ring without breaking the bank. Using a credit card may be a great option because they often come with a special 0% interest period. Be sure to read the fine print and understand how much you will be paying each month. Using a store card requires good or excellent credit. If you have poor credit, you will need to use another financing option such as a personal loan.

Another way to save money on a ring is to use synthetic diamonds. Many of these are cheaper than natural diamonds and can still give you the timeless beauty of a diamond. The best part is that lab-grown gemstones have better quality than natural counterparts, so you won't have to worry about scratching or chipping the ring. You can also buy engagement rings that have colored gemstones. They are a trendy way to buy an engagement ring without breaking the bank.

In addition to diamonds, you can look for engagement rings with other gems such as rubies and emeralds. Diamonds are generally cheaper if they have a low carat weight. Alternatively, you can opt for colored diamonds instead of diamonds if you're looking for something a little less expensive Low Cost Engagement rings with Cubic Zirconia. A great way to find an engagement ring with a lower price tag is to visit an online store.

Another option for cheap diamonds is cubic zirconia. It has a similar color and shine to a diamond. Unlike diamonds, this gemstone can be easily repaired if it should break. This makes it an excellent alternative to a diamond. The only downside to this choice is that it's slightly softer than a diamond, so you'll have to pay more for its maintenance. If you're on a budget, you can look for engagement rings under $100.

There are many options for engagement rings under $100. Some of these include the popular birthstone, the amethyst, which is the birthstone for February. It is an attractive stone with a rich folklore surrounding it, such as the ability to prevent drunkenness. Other popular gemstones that make lovely and affordable engagement rings are the Celtic and Claddagh rings. These rings are unique and can be much less expensive than diamond engagement rings.

Buying cheap engagement rings doesn't necessarily mean you should sacrifice style. It is still a romantic gesture, and a modest ring will be far more meaningful than an extravagant one. A modest engagement ring can also be a way to start a joint savings account. A shared nest egg can help a couple kick-start their life together. Once the couple has built a savings account together, you can easily afford to buy your engagement ring, and your budget will thank you for it.

Another option for a cheap engagement ring is a silver band. Silver is a precious metal, and it can be extremely durable if cared for properly. Some silver bands are plated with rhodium, which is the rarest metal on earth. Rhodium is a silver-white color, is highly reflective, and is hypoallergenic, reducing the risk of allergic reactions to it. However, a sterling silver band can still last a lifetime.