Here are some solutions for your problem. 

 

 

Online jewelry stores are always going to be competitively priced. The main reason? No expensive stores and sales people to add to the bottom line. You can use your research skills and shop around. Look for warranties and recommendations. Evaluations are also a must. Compare quotes between your local jeweler and an online jeweler and you may well be astonished at the price difference. Your dream engagement rings may become an affordable reality. 

 

 

One way to reduce the cost of your engagement rings is to think about replacing the expensive diamond stones with colored gemstones. There are lots of precious stones available in the market. Some of them are rubies, emeralds and sapphires. These could make a dramatic visual impact to the engagement rings. These gemstones could add a unique beauty and at the same time class to the ring. 

 

A lesser priced colored diamond, along with semi precious stones will significantly will surely reduce the final costing. Colored stones can also be a clever way to add a twist to a more traditional setting to end up with a more unique engagement ring. This can be an excellent option for the girl who has a favorite color that she wears all the time. Plus, gemstones are also known as birthstones. In that way, you can associate the stones to the birthday of your girl. 

 

 

You might want to use the diamonds or gemstones from the old-fashioned rings that may be left to you by your grandmother. Maybe the ring is already destroyed but the stone is still usable for the new ring. Some men grab this as an idea to reduce the cost of engagement rings. The price will surely fall because you don’t have to pay for the precious stone. Custom jewelers can be advised as to the best possible use of family stones for an engagement ring setting. 

 

 

Maybe, you want to settle for something elegant and lasting so you want to purchase a pair of platinum engagement rings. But looking back to your budget, you are still short of fund. If this will be the case, you can opt for White gold or palladium engagement rings. White gold will need a regular rhodium plating to maintain the luxury platinum looking shine. But palladium is a kind of shiny metal. Palladium is from the same rare metal family as platinum, and like platinum, it is also hypoallergenic. Palladium cost less compared to platinum, but a little more than gold. With palladium engagement rings, you will not be having to pay the jeweler to reapply the rhodium plating as you would with white gold.