https://padlet.com/taylordaigle/m4axewbeiqspk41l By: Taylor Daigle en-us 2023-03-30 15:22:21 UTC 2023-04-02 17:14:11 UTC hello@padlet.com https://padlet.net/icons/png/1f48d.png taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538627897 In this Padlet, I will be evaluating the cost of wedding rings and what to expect when purchasing the perfect ring for your partner. 
The topics or factors I will cover are the types of diamonds or gemstones and their prices, how to budget for the purchase, and how to make the right decision without going into debt.
After reading through this Padlet, one should have a better idea on how to become prepared to make this big decision.]]> 2023-03-30 15:57:53 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538627897 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538653700 In this article, the writer covers the different factors to think about before going to purchase a wedding ring. The article puts emphasis on "carat, cut, clarity and colour" and knowing your budget before starting this process is a crucial first step. To wrap up the article, the writer mentions some expert tips and says that sitting down with an expert is a good practice.

I chose this article because it covers all the factors to keep in mind when making this purchase. I found the part about the alternative choices useful because I believe many people think expensive diamonds are the only option when it comes to wedding rings.]]> 2023-03-30 16:17:41 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538653700 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538675062 This image shows the different cuts of diamonds that are available. Depending on the size and cut of the diamond chosen, the cost will differ as well.

I chose this image to show the options that are available when evaluating wedding rings and knowing what you are getting for your money. I found this image useful because it shows many different cuts that can be chosen.]]> 2023-03-30 16:34:54 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538675062 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538685984 This image shows the size of carats that can be chosen for a wedding ring. 

I chose this image because seeing a visual of the different sizes of diamonds helps people understand why there is a price difference between the carats.]]> 2023-03-30 16:43:16 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538685984 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538720905 This website covers the process a man went through when deciding on a wedding ring with the main focus being on deciding a price amount that works best for the buyer. The writer discusses his partner's personal opinions, his financial situation and what he could justify spending without going into debt.

I chose this website because of the real-life example that this man shares and his explanation for his decisions. I found the part about "Deciding on an Actual Amount" useful because he talks about how he made the decision on a ring amount, turning down the myth that the price of your wedding ring should cost 3 months' salary. He puts an emphasis on being mindful of debt and how to avoid or manage this aspect.]]> 2023-03-30 17:11:32 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538720905 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538730684 This video goes into detail about buying a diamond and what to expect when entering the market. This video covers "the 4C's" that were covered in another website I have added to this Padlet but with a main focus on clarity. She breaks down the prices of the different carat sizes ranging from $1000 all the way to $90000 for real diamonds. After going through the process of what you need to cover when making this purchase, she ends with some tips and tricks when doing so.

I chose this video because of how focused and in detail, she goes into the actual prices and process. Knowing the prices for the different carat sizes and your budget is useful when figuring out what works for you.]]> 2023-03-30 17:19:36 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538730684 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538763550 This website goes into detail on the mainstream idea that you should spend 3 months' salary on a wedding ring and questions it. The article calculates 3 months' salary for different career salary points and talks about the average amount spent on wedding rings in Canada being around $3500. Societal pressure can sometimes make people believe that a ring needs to cost more to mean more but this article puts that idea to rest.

I chose this website because it talks about the idea of the 3 months' salary and why that idea doesn't work for some people. Choosing a ring best fit for your situation is the best option.]]> 2023-03-30 17:45:57 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538763550 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538778424 This video shows alternative options to regular diamond choices and what to possibly avoid to make sure you get the best option for your budget. The video covers alternate options that may not work best for engagement rings like opal and turquoise because they are not tough stones which makes them less durable. One should pick more durable stones like moissanite, sapphire, and rubies.

I chose this video because it helps highlights the alternate options when looking into purchasing wedding rings. Many of the alternate options cost less and are sometimes made more ethically while still having the same look.]]> 2023-03-30 17:58:06 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2538778424 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2541204088 This video has different people explaining the price of their rings, their partners and their salaries, and if they contributed to the purchase of the ring to help their partners. While some couples both contributed, others did not. A lot of the salaries varied on a big scale and so did the ring prices, showing that the price of the ring simply depends on what the person is willing to spend and although the salary does play a role in the person's budget, it does not always completely dictate it.

I chose this video because it shows that the cost of a wedding ring does not have to be a certain amount and it all depends on the person's budget and what they want to spend. There is no perfect price or rule that needs to be followed when making this decision. ]]> 2023-04-02 15:58:13 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2541204088 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2541212247 This website dives into the prices of wedding bands and what to expect when budgeting for this cost. When budgeting for a wedding and engagement and wedding rings, people do not always take into account the price of the bands themselves, normally focusing more on the diamonds. In this article, the writer mentions the average price for wedding bands being around $2000 together, not including the diamonds. The writer then mentions different factors that affect the band prices like engravings and the material chosen.

I chose this website because it goes into detail about wedding bands, a topic that some people sometimes forget to budget for. I find the part in the final thoughts of the article about budgeting for this price and if necessary, finding a different area of your wedding to sacrifice price, as the rings are the one things from your wedding that stay with you every day.]]> 2023-04-02 16:09:40 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2541212247 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2541230731 This video summarizes what to think about when deciding on a budget for your wedding ring. She discusses the different factors to consider before deciding like long-term and short-term goals, and all the financial goals you have between 1 to 5 years. She also discusses the fact that the return on investment is small and this should not be seen as such. Research is a big factor when deciding on a budget because both people should know what they like in a ring. Knowing what types of styles they like that also fit into their budget helps to narrow down options and save accordingly.

I chose this video because of the different aspects she discusses and all the factors that should be considered. I find it useful to really analyze one's financial goals for the next 5 years when deciding on a budget because certain things may be a bigger priority than the rings at that moment.]]> 2023-04-02 16:47:06 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2541230731 taylordaigle https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2541237037 1. What surprised me the most about this topic was all the different factors to consider before making this decision. I didn't realize the full extent of research people would need to do before choosing a ring.

2. This topic is interesting to me because I am in a long-term relationship where conversations about marriage are becoming more frequent. We have discussed our financial goals for the next 5 years, our main focus being a house first but trying to decide when would be an appropriate time to look at rings.

3. The most important knowledge I would pass on to someone close to me about this topic would be to focus on budgeting and ignore the myths about how much a ring should cost. They should focus on researching their options as this is something that stays with them every day after your wedding (hopefully).]]> 2023-04-02 16:58:54 UTC https://padlet.com/taylordaigle/m4axewbeiqspk41l/wish/2541237037