One of the easiest ways to find cheap engagement rings is to consider a synthetic diamond.  A cubic zirconia or moissanite stone is much cheaper than a real diamond.  However, if you do choose to buy a synthetic diamond, make sure you tell your fiancee that the diamond is not real.  The last thing you want to do is start a relationship out with dishonesty.  Also you should know how your fiancee feels about having a synthetic diamond.  If she doesn’t feel comfortable with the idea, then don’t do it.

One of the pluses of a synthetic diamond is that you can buy a much larger stone than you could if you were buying a real diamond.  However, if your fiancee must have a real diamond, then there are some things you can do to cut your costs.

Shopping for an engagement ring online, at a store like Blue Nile, or Amazon’s Engagement Ring Store can save you a lot of money.  These online jewelers don’t have to pay rent in expensive malls, nor do they have to pay a salary to a legion of salespeople.  This means they have low overhead costs.  Also, they buy huge numbers of diamonds every year.  They can cut great deals with wholesalers, because they buy in such huge quantities.  These two things let them pass the savings on to you.

Obviously, one thing you can do is go with a smaller stone.  Also buying a stone that is a fraction of a carat can save you money.  A 0.8 carat stone will be cheaper than a 1.0 carat stone, but will almost look as big.  Choosing a stone with small inclusions or flaws will be less expensive than a flawless stone.  It may be possible to hide the flaw by covering it with the ring’s setting.

A stone other than a diamond, such as am emerald, sapphire, ruby, or even a semi-precious stone can create an interesting and unique ring that will be sure to start conversations.  While some of these stones are expensive, they are usually cheaper than a diamond.  Along these lines, a non-traditional metal, such as titanium or silver will save you money when compared to traditional metals such as platinum or gold. Finding quality cheap engagement rings isn’t impossible, it just takes a little creativity.