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Mistakes People Make When Buying a Ring

Mistakes People Make When Buying a Ring

Buying an engagement ring is a big decision. For a man, it is one of those purchases that you only hope you’ll make once in your life. That is why it is crucial that you’re doing due diligence before making the purchasing decision. Since it is going to be an important piece of jewelry, you don’t want to do anything that could make it not worthwhile. There are some common mistakes that a lot of people make when purchasing an engagement ring and we’re going to highlight some of them.

Not Discussing the Budget

An engagement ring could range from as little as $10 to as much as $1million dollars. If you don’t discuss the budget, it will be hard to figure out what exactly you should be getting.  Make sure you’re talking about budgets with your significant other so that you’re not caught unaware when it finally comes to making the selection. When you go in with a clear budget, there will be no regrets since you’ll get exactly what to get so that you’re not being disappointed in the long run.

Not Knowing the Style You Want

It can be frustrating for something to take longer than it is supposed to take. If you have no clue of the engagement ring that you’d like to buy, you can expect it to take longer to get the right one. There are websites like Pinterest that can be used to provide inspiration. When you have an idea of something you’d like, the whole process will be less stressful. There are Instagram pages dedicated to engagement rings and will provide links to shops where you can get them.

Not Looking at the quality

Even if you’re on a budget, it is still important that you’re going for a quality ring. Buying an engagement ring will not be the same as buying wholesale costume jewelry. A lot more thought will need to go to the process if you’re looking to make it memorable. You don’t have to pay a lot of money to get a quality ring. There are different ways you can get the quality you want without necessarily breaking the bank. Make sure you’re asking about the grade, features, and all the important information depending on the jewelry that you’re going for. It should be noted that the ring is an investment. Since it is one of those one-off purchases, there is no reason why you shouldn’t splurge.

Searching at Chain Stores

Just because you’re shopping in a chain store doesn’t mean that you’ll get the best quality and deal. It is one mistake that a lot of people make that makes it expensive to buy an engagement ring. When you buy jewelry from a known brand, you can expect to pay up to 80% than you would normally in a small shop. A chain store could also use false advertising to try and lure you. You won’t normally get the same product as advertised. That is why you should avoid chain stores at all costs. We’re not saying that all chain stores are bad. You just have to make sure that you’re doing due diligence before making any important decisions. You’re likely to get a better deal somewhere else provided you’re not just looking at the brand name.

Not Looking at the Warranty

Since an engagement ring can be an expensive purchase, you’d want to make sure there is an extensive warranty. There are not a lot of online stores that offer a warranty. There is nothing you can do when the stone starts falling off. It could be more costly replacing the ring that getting a new one. Make sure that the store that you’re buying from has a detailed warranty.

Not Having Written Quotes

Having a written quote for both the price and the value of the engagement ring is not something that a lot of people will think about. The quote will be invalid if it is not written down. When there is a written quote, people will never have to guess the price of the ring. It will be clear for them to see.

Buying Blindly Online

As much as the internet has made it easy to shop, you’ll still want to make sure that you’re buying from a reputable seller. The size has to be right so that you don’t have to return the ring. When you buy from a reputable seller, you’ll never have to worry about the quality that you will be getting. You just have to be extra careful when working with someone new.

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Bilal Ali
Bill founded Byte Bell with an aim to bring relevant and unaltered news to the general public with a specific view point for each story catered by the team. He is a proficient journalist who holds a reputable portfolio with proficiency in content analysis and research. With ample knowledge about the finance and education industry, Bill also contributes his knowledge for the Finance and Education section of the website.
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