If you are thinking about trading out your existing engagement ring for another one, such as if your existing ring is a bit smaller than what you would like or if it's a fake, you might be worried about the cost of doing so. You might also dislike the idea of giving up the ring that you have been wearing so far due to sentimental reasons. Luckily, you do have other options that will allow you to feel like you're upgrading without ditching your existing ring.

1. Buy a New Diamond for Your Ring

One great option that will allow you to keep your existing ring while upgrading at the same time is to keep the same ring but have a new diamond placed in the setting. You can purchase a loose diamond from a jewelry store, and you can often get a great deal on one from a pawn shop, too. Then, you can buy a bigger diamond than the one that you have right now, and a jewelry professional will be able to add it to your existing ring for you. An added bonus is that you can actually sell the diamond that you already have in your ring for a bit of cash to go toward the purchase of a new one.

2. Buy an Anniversary Band

Another option is to buy an anniversary wedding band. These are often purchased to celebrate milestone anniversaries, but you don't have to wait if you don't want to; instead, you can purchase an anniversary ring for any anniversary that you choose. There are a lot of beautiful styles out there, such as those that have diamonds all the way around the outside. Choosing an anniversary band that has a bit of glitz and glamour is a good way to celebrate your anniversary, and it can stand out nicely alongside your engagement ring for a new look.

As you can see, you do not have to get rid of your existing engagement ring just because you're tired of your current look and want an upgrade. You do have other options that will allow you to get a new and upgraded look while still keeping your current ring. This is a good way to save money, since these two options can be more affordable than buying a separate engagement ring, and it can also allow you to keep your current ring for its sentimental value.