One of the common things that most people consider to cut down the expense is choosing diamond simulant rings since they are available at comparatively lower prices. Note that diamond simulants do not have the ability to resist chipping, scratches, and other external damages like diamonds do. So, this will not be a good option, especially for those who are clumsier and often bump into things.
Note that the center diamond in your ring symbolizes your relationship with your partner, so it is better to opt-out of something that is not durable. Besides, according to many cultures, it is believed that getting a scratch on the main gemstone of the diamond ring indicates tension and problems in the life of the couple.
Obviously, you need to plan your diamond ring purchase strategically so that you can crack the best prices on diamond engagement rings. some common options include choosing diamond rings online, buying vintage or estate diamond rings, compromising on the clarity and color quality of the ring as long as it does not affect the visual appeal of your diamond, etc.