How to Pay for an Engagement Ring with No Money

Understand how much you should pay for an engagement ring and how to buy a ring when you might not have the money.

There are few milestones in life that everyone remembers, those flashes of our lives that we remember forever. That first exchange of an engagement ring is one of those times.

Fortunately, there are ways to get the most out of your money when looking for an engagement ring and ways to pay for it if the perfect gem is a little out of your budget.

That’s going to be wide open to opinion but there are some ‘rules’ that people have used for determining how much you should spend on a ring.

How Much Should You Pay for an Engagement Ring?

’ll show you how to get the best engagement ring for your money and the steps I used to buy a ring.

How to Pay for an Engagement Ring when You’re Broke

Credit cards are the most common way to pay for a ring with 72% of buyers maxing out their plastic.

Another option many people turn to is cash advance and pawn shops at rates two- and three-times that charged on credit cards. 

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