Tips on Buying an Engagement Ring Even if You Can’t Afford It

Buying an engagement ring is an important part of planning your future together, so you’ll want to make sure you get the perfect ring.  With the expense of the wedding day, affording a ring can be a little overwhelming to many people. One great, and common, option for affording an engagement ring is by financing with the jeweler.

Most jewelers offer financing with little or no down payment, which allows you to purchase an engagement ring even if you have no money for it.  The months leading up to your wedding can be very expensive, and financing is a great way to pay off the ring over a year or longer.  If you want to get a special engagement ring, ask your jeweler if they offer financing.

There is also the option of a personal loan to pay for the engagement ring.  Many banks offer personal loans to pay for expenses like this, or you could consider asking a relative for a loan to help you.  Although you might have to pay interest, a loan can offer you a great way to get the perfect engagement ring.

Often, a close relative that wants to help pay for your wedding might be willing to pay for the engagement ring instead.  Getting help from family can often be the best way to have the wedding of your dreams.  Since an engagement ring is an important part of your big day, you should consider these options that can help you get the perfect ring.