Did you know that the slogan “A diamond is forever” is actually from an old marketing campaign? In most cases, buying an expensive engagement ring means the man would have to take out a loan to cover the purchase price. This can start the union of a man and woman on the wrong foot. Debt can be a burden on any relationship, so men, please take note of the following five reasons you should opt for a cheap engagement ring.
How the Diamond Engagement Ring Hype Started
Let’s talk about who started the diamond engagement rings hype: De Beers. He was at the forefront of marketing campaigns that sought to create parallels between diamonds and love. His goal was to convince people that diamonds are the only stones for an engagement ring, and the only way to create a proper proposal and start a marriage. He encouraged the belief that diamonds were an excellent financial investment that would hold their value, implying that diamonds are a rare commodity and therefore, a luxury item. The diamond engagement ring is a marketing campaign that has been running for over 80 years. It is one of the most successful marketing campaigns in history, convincing people that the only engagement ring worth it is a diamond ring. Since then, people have ruled that the ring price should cost three times the person’s monthly salary who is purchasing it. However, buying cheap engagement rings is not taboo. In fact, it can be a great way to get more value for your money.
Are cheap engagement rings OK? Many individuals wonder if opting for less expensive alternatives is a wise choice. While traditional diamond rings hold symbolic value, alternative gemstones, vintage designs, and personalized options offer unique and affordable alternatives. Ultimately, the decision rests on individual preferences and priorities.
Expensive Engagement Rings are Not a Good Investment
The exorbitant price of diamond rings makes them a poor investment. Diamonds lose over half their value upon purchase and rarely regain it. Furthermore, their commonness challenges their true value, suggesting marketing plays a significant role.
Additionally, diamonds are not rare because they are one of the most common gemstones. This suggests that their actual value and importance are based on marketing and advertising.
Affordable Engagement Rings: Begin Your Marriage with Strength and Meaning
When it comes to divorce, money is often one of the biggest disagreements between couples. In many marriages, debt is a huge concern, and studies have shown that there is no correlation between a more expensive engagement ring and a higher success rate for the wedding itself. In fact, some studies have shown that the opposite may be true. There are many researches and studies that concluded that a more expensive ring is not a guarantee for an ever lasting marriage. More details can be found in article published on NBC News website.You can read it here.
Engagement Rings With Cheaper Options
When it comes to choosing an affordable engagement ring, there are a few things to keep in mind. First, consider selecting a gold-plated band instead of solid gold – this can lower the overall cost of the ring. Additionally, consider metals that are less likely to react with the skin or tarnish over time, such as rhodium-plated silver or titanium. These metals can last for years without losing their beauty, and switching out the metal on the band or stone does not detract from the overall beauty of the ring.
Are Cheap Engagement Rings OK?
Start Your Marriage Off on the Right Foot. There’s no need to break the bank when it comes to choosing your wedding and engagement rings. What’s important is that the rings fit your budget and the personality of the person who will be wearing them. Cheap engagement rings will have no impact on the success or failure of a marriage. A proposal ring doesn’t necessarily require a diamond or solid gold to symbolize the love and connection that underpins a lasting marriage.