When you’re planning to get married, you’re facing a whole host of expenses. In fact, sometimes the process can seem overwhelming. Whether you decide to elope in the end or stick around to plan a wedding, one thing can help a lot: silicone wedding rings from Enso Rings.
How Much Do Wedding Rings Cost?
Couples getting married in the U.S. spend an average of $2,000 on their wedding bands, although many spend much more. Whether you’re in the market for gold, rose gold or platinum, wedding bands are a traditional part of getting married and many couples agonize over the details for months.
There is a subset of engaged folks, however, who eschew spending that much money on rings just because it is a societal norm.
What could you do with $2,000 instead of spending it on wedding rings?
Put a down payment on a home. Interest rates on mortgages are historically low right now, making it a great time to buy a home. Not all newly married couples can afford a home, but for many, buying a home together is an important goal.
Currently, the average home price in the U.S. is a little under $300,000. This varies widely, of course, depending upon where in the country you want to live.
An expense that many first-time homebuyers don’t know about is PMI, or private mortgage insurance. When you don’t have 20% to put down on your home purchase, the lender will usually require you to pay PMI in order to protect their investment. This is usually $100-$200 per month, until you get 20% equity in your home.
This is money you could be putting toward making home improvements or paying down student loan debt. If you’re close to having the 20% down, you can use the $2,000 you would have spent on rings to make up the difference. And if metal rings are important to you, you can put aside the money you would have spent on PMI each month and get the rings at the end of the year.
Have the wedding you want. The average cost of a wedding in the U.S. is about $20,000. It varies by location — the average cost in Massachusetts is $30,000; the average cost in Arkansas is $12,000.
Regardless of how much you plan to spend on your wedding, $2,000 can make a significant difference. The average cost of a plate of food at a wedding is $62, so with $2,000, you could invite 32 more guests.
A wedding gown costs an average of $1,600, so for $2,000, you could get that fabulous designer dress you had your eye on.
Or put the money toward your honeymoon! Once you get back to the reality of paying bills and planning a family, a nice vacation may be 20 years away.
Pay off debt. Statistics show that two-thirds of newly married couples bring debt into their marriage. The average student loan debt in the U.S. is $28,000, but some graduates are saddled with many tens of thousands of dollars more. Other common reasons for debt are car loans, credit card bills and medical bills.
Carrying any kind of debt will cost you in the long run in the interest you pay. Some of the lowest-interest loans are mortgages, at around 3%. Student loans are often between 4% and 9%, while credit card interest rates can be as much as 25%, keeping debtors in a hole for many years paying high interest and little principal.
Start your life together off right and use the money you saved to pay off high-interest loans.
Silicone Rings Are Economical
Enso Rings start at $5.99 and go up to $49.99. You can’t beat prices like those. Our Elements line of silicone rings is often the choice of those looking for wedding bands. These silicone rings have a metallic finish that makes them practically indistinguishable from traditional metal rings. They come in gold, rose gold, silver, diamond, platinum, copper, pearl and ruby. Choose from three widths — wide, thin and halo.
While our Elements rings are most popular for use as wedding bands, Enso Rings sells many types of rings of different designs suitable for this purpose. Consider a beautiful birthstone silicone ring, available in 14 colored stone finishes. An Infinity silicone ring is perfect as a wedding band, engraved with the mathematical symbol for infinity.
Our Contour rings are our most elegant and come in many metallic finishes: gold, silver, rose gold, platinum, diamond, black pearl, meteorite, copper and peacock quartz. Our Legends line of silicone rings is available of a variety of colored opalescent finishes. Our Rise thin silicone rings are infused with anti-microbial properties — perfect for couples that work in the medical field.
To mimic the look of stackable wedding and engagement bands, try our Stackable silicone rings in different patterns and colors. Stack them together or pair them with a different style silicone ring.
If you’re an avid outdoors couple, you may prefer our Earth Day silicone rings. These are available engraved with scenes from nature and swirling patterns reminiscent of the ocean, forests and sunsets.
Most of our rings come in three widths, and all are customizable with engraving. Choose to engrave your names, initials, anniversary date or another meaningful word or number.
Silicone Wedding Bands from Enso Rings
Whether you’re planning your wedding right now and are looking for an economical alternative to metal rings or you’ve been married a while and need a silicone wedding band for work, the gym or another hobby, Enso Rings has a wide selection of exactly what you’re looking for.
Shop our silicone wedding bands today.