Thinking of popping the question this holiday season? Buying a ring can seem overwhelming any time of year, but even more so when you’re caught in the hustle and bustle of holiday shopping. This week, we’ll look at where and when you should shop, as well as tips and tricks for getting the best price on your shiny show of commitment.
If you’re truly looking to save on an engagement ring, consider using a stone or metal from an existing piece of family jewelry. Many brides and grooms love the history and sentimental value of using stones from a beloved family member’s ring or piece of jewelry. If this isn’t an option for you or your sweetheart, you’ll be heading to the jewelry store.
The Left Hand and the Right Ring
Like any other retailer, jewelers also offer some great deals in the weeks between Thanksgiving and Christmas. Hop online to scan offers from major jewelers, but don’t forget to check out what your local or family-owned jewelry stores are offering as well. It can be beneficial to establish a relationship with your jeweler, one that may include fittings, cleaning and anniversary gifts down the line. Ask around for recommendations on merchants.
It’s the 21st century and many couples are looking for their shine online. If you find the perfect ring on the Web, don’t start typing in your credit card information right away. Do some research on the website’s credibility and return policy and spend some time researching others’ experiences.
Next March, my husband and I will be celebrating 11 years of marriage. It doesn’t seem like it was that long ago that I was wondering if and when he’d pop the big question. These days, many couples are having conversations about when and how they’d like to start their engagement and are visiting jewelry stores together.
Financially, this is a great idea, as it sets a definite tone for making major financial decisions together. I know of more than a few couples who, after ring shopping, decided they’d rather go house hunting first. However, each relationship, like every diamond or gemstone, is unique. Do what works best for you as a couple.
Kat's Money Corner is posted on Dollars & Sense every Tuesday. Kat Hnatyshyn, when not blogging or caring for her little ones, is a manager with CommunityAmerica Credit Union. For more financial chatter, click http://twitter.com/savinmavens or visit http://communityamerica.com.