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Cheap engagement ring

Why Buy A Cheap Engagement Ring

Engagement rings are viewed by some as the most important symbol of love and devotion a person can give to another. These rings are synonymous with love and unfortunately, the price tag attached to them has become a way of measuring somebody’s love for another. The union of marriage may have originated as one of economics, but in the modern western world, where many women earn their own income and the general standard of living in the UK far surpasses that of the .1%ers of just 100 years ago, due to technological advancement, marriage has become about choosing someone to spend your life with, rather than investing your savings in. It is surprising, then, that people still choose to spend fortunes on engagement rings, that are entirely symbolic and are eventually replaced with wedding rings anyway. The most expensive engagement ring we sell is £95,300.00 (reduced from £201,000.00) and the average spend for an engagement ring in the UK is £1,471.

The cheapest engagement ring we sell is £335 (reduced from £799), which saves you either A, £94,995, compared to our most expensive engagement ring or B, £1,136, compared to the average spend on engagement rings. Your lover will know when you get down on one knee that you are committing to them, but when they find out how much you saved on the ring, they will know you are thinking ahead and making sure you are putting your hard-earned money to better use. Here are just some of the things you could lose if you buy an expensive engagement ring.

The Top 5 Expensive Engagement Ring Alternatives

  1. Wedding
Cheap engagement ring

Situation A

With the money saved instead of buying the most expensive engagement ring we sell, you could get married at an exotic destination for £13,200, including the venue, bride/groom accommodation and flights. The £81,795 leftover can be spent, if you tie the knot in Seychelles, on flying 57 of your family and friends over for 7 nights with accommodation and food.

Situation B

Compared to spending the average amount on an engagement ring, you could add a photo booth to your special day (£300), learn a choreographed dance you’ll be busting out for years to come (£300) and have £536 left over to get some budget catering for 46 of your guests.

  • Honeymoon
Cheap engagement ring

Situation A

With your £94,995, you could go on at least a three and a half year-long round-the-world honeymoon (£27,001.07 per year).

Situation B

With your £1,136, you can upgrade both your flights from economy to first class for an average of £445 each (£890 total) to make that first flight as man and wife extra special. Then spend the remaining £246 on a professional photoshoot at your chosen destination, or as extra spending money on the holiday.

  • Charitable Donation
Cheap engagement ring

Situation A

You could show your love not for your beloved, but for the world with the romantic gesture of donating in their honour. £94,995 given to Trees For Life will plant and grow a forest of 18,999 trees, and while other charities work can be harder to put into numbers, giving that amount to your favourite charity will make a huge difference.

Situation B

£1,136 would plant 227 trees and make many lives better if you can spare it in this romantic way.

  • Home
Cheap engagement ring

Situation A

You could outright buy low priced property with £94,995, get a great mortgage on a more expensive one or fully renovate most homes. The day-to-day value of living in a nice house is surely worth much more than having a slightly prettier ring on your lover’s finger for a few months.

Situation B

Name your house for £40 and you could add up to £30,000 to the price tag. Or you could invest in some digital real estate for your own business.

  • Personal Luxuries
Cheap engagement ring

Situation A

You could get a 2016 Bentley Bentayga or a top of the range custom VW transporter campervan with enough leftover to travel the world in your home away from home for years.

Situation B

You could get 3 more engagement rings. Or on a more serious note, you could spend the £1,136 on a top of the range wheelchair for a disabled family member.

Posted in Engagement Rings, General, Proposals & Ideas, Save Money
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