Ring Budget Guide: How Much to Spend on Your Wedding Rings in 2025

First thing’s first – figuring out a ring budget can feel like a guessing game, but it doesn’t have to be. A clear budget helps you avoid surprise price tags and keeps the focus on the love, not the numbers. Below you’ll get a straightforward plan, practical saving ideas, and a few moments where it’s worth splurging.

Setting a realistic ring budget

Start by looking at your overall wedding budget. Most couples allocate about 5‑7% of the total to rings. If your total budget is £15,000, that means roughly £750‑£1,050 for both bands. Adjust the percentage if you’re already spending heavily on the venue or want a more modest celebration.

Next, decide what matters most to you. Are you after a classic gold band, a diamond‑accented engagement ring, or a custom design? Write down the must‑haves and the nice‑to‑haves. This list will keep you from chasing every shiny option that pops up online.

Don’t forget extra costs: ring resizing, engraving, insurance, and cleaning kits. Those little extras can add up to £100‑£200, so factor them in early.

Saving tips and where to splurge

Shop around before you buy. Local jewelers, online retailers, and even reputable second‑hand stores can offer the same quality for less. Use price‑comparison tools and ask for a detailed breakdown of metal, stone, and labor costs. You’ll often discover that a lab‑grown diamond offers the same sparkle for 30‑50% less than a natural one.

If you’re comfortable with a bit of DIY, consider a simple band from a trusted supplier and add a custom engraving later. That way you lock in a lower base price while still getting a personal touch.

When it comes to splurging, focus on the stone you’ll see every day – the engagement ring’s center diamond or gemstone. A higher quality stone means less wear over time and better resale value if you ever need it.

Finally, set a deadline for your purchase. Buying a few months before the wedding gives you time to negotiate, compare, and avoid last‑minute premiums.Remember, the right ring is the one that feels right to you both. A solid budget, a bit of research, and a clear idea of priorities will get you there without breaking the bank.