The old suggestion was that an engagement ring should cost two months’ salary, back when your grandparents were tying the knot! Now we have huge mortgages or rent to pay in Auckland. So what is expected in the 2020’s?
Be budget conscious or break the bank?
Selecting the perfect engagement ring can be a daunting task, and you wont need two months’ salary! With so many factors to consider, it’s easy to feel overwhelmed. But don’t panic, Diamond Studio is here to guide you through the process and help you find the ideal ring to symbolise your love.
Understanding Your Partner’s Preferences
Before you start your search, consider your partner’s style and preferences. Do they prefer classic, vintage, or modern designs? What diamond shape appeals to them most? Take a look at their existing jewelry collection for clues. If you’re unsure, consulting with their friends or family can provide valuable insights.
Setting a Realistic Budget
While the “two months’ salary” rule is a popular guideline, it’s ultimately up to you to decide what you can comfortably afford. At Diamond Studio, we offer a range of options to suit various budgets, from budget-conscious to top-tier.
Budget-Conscious:
Price Range: $3,000 – $6,000
Ideal for: Those seeking a unique, high-quality engagement ring without breaking the bank.
Mid-Range:
Price Range: $7,000 – $10,000
Ideal for: Couples looking for a beautiful, one-of-a-kind ring with a high-quality diamond.
Top-Tier:
Price Range: $11,000 – $70,000+
Ideal for: Those seeking a truly exceptional engagement ring with a larger, higher-quality diamond.
Key Factors affecting the cost of an engagement ring:
Diamond Quality: The 4Cs (carat, cut, color, and clarity) determine a diamond’s value. Read more about diamonds.
Metal Type and Grade: Gold and platinum options vary in price. More on Metal knowledge.
Design Complexity: Custom designs and intricate settings can increase the cost.
Side Stones and Accents: Additional diamonds or gemstones can add to the overall price.
The Diamond Studio Difference
At Diamond Studio, we specialise in creating bespoke engagement rings tailored to your specific needs and budget. Our experienced team will guide you through the entire process, from selecting the perfect diamond to designing a stunning ring.
We believe in transparency and honesty. We won’t pressure you to spend more than you’re comfortable with. Instead, we’ll work with you to find the best possible ring within your budget.
Ready to Start Your Journey?
Contact Diamond Studio today to schedule a consultation. Let us help you create a truly unforgettable engagement ring.
Call us on 09-2168492
