It does not make sense to buy a diamond engagement ring in debt .The size and quality of the diamond is not a good scale to measure the depth of your love and commitment .It is better to be practical in deciding how much you can afford for diamond engagement ring. Buying a diamond is not a good investment since its value doesn’t increase much. It is important that you should not be influenced by external factors such as pride, desire to impress some one or getting persuaded by a sales person.

It will be nice if you chose the ring along with your partner .After all it is she who is going to wear it throughout her married life. It is essential to know about her interest. It is important for you to know about the diamond before you actually buy it. The four main things, which you must know about the diamond, are color, cut, clarity, and carat size. These are the four factors that affects the price of a diamond. The rate of a diamond may vary  between $125 and $5,000 . Its price depends on factors like gold percentage in carat,size of the stone etc.A platinum studded with diamonds would look stunning!

It will be a wise decision  to not spend much on diamond ring. Rather you can save that for your first home together as a couple. You can also think of some alternatives to a diamond ring like using a family ring as your engagement ring, You can use stones other than diamond or you can buy a high quality cubic zirconium which is very akin to diamond and is very difficult to distinguish. You can also buy small stones rather than bigger one which is so cheap. Remember that the cost you spend on the ring is not a true scale to measure your love for your partner.