Determining a budget for buying diamonds for the one you love is probably the most difficult part of the whole process.
A diamond is a symbol of enduring love and commitment. A diamond engagement ring is a once in a lifetime gift; and every man wants to be sure that his diamond choice –or the choice they make together – is everything she hoped for and dreamed of.
Emotion aside, when buying diamonds you also want to make sure you are not overextending yourself. So, finding the right balance is key. The first thing you want to be assured of is that whatever diamond you purchase, you have done your homework on how to buy diamonds.
You should know how to make sure of the fair market value and quality of the stone. Click here for information about the 4C's and Certification. Also make sure that you are buying your diamond from a trusted retailer who will provide you with a money-back guarantee, the ability to exchange or upgrade your diamond and on-going good service . Learn more about where to buy a diamond.
What is the right amount to spend when buying diamonds?
The selection of beautiful diamonds is almost limitless today. For virtually every budget, there is an option that will surely please the one you love. Also, keep in mind that the love that diamond stands for – not the size or cost of the stone – is more important to a woman than anything else.
So, what is the right number? If you're buying a diamond engagement ring, the commonly accepted guideline for purchasing diamonds is two months' salary. That number may work for some people and not for others, but it's a good place to start.
How do you pay for a diamond?
If you've saved the money for a diamond, terrific! If not, you have two other options.
You can pay with a credit card, but you'll obviously incur interest rates that make the cost of the diamond higher. A better option and one that most jewelers – especially chain jewelers – offer is a layaway plan . The customary layaway requires you to put 20 percent down, then pay the balance in three installments over three months. The best part of a layaway plan is that it is interest free!
What to expect of an authorized Leo Diamond® jeweler
