Yes, it is possible but it all depends on the price of your ring and your monthly salary earnings. To begin with, you shall know your engagement ring to salary ratio and make the comparison accordingly.Moreover, to help you save for your engagement ring, Friendly Diamonds has collaborated with Accrue Savings to bring you a credit-free saving experience that allows you to save now, buy later, and also earn cash rewards once you find the perfect jewelry piece. You have the flexibility to make your purchase with 5 or 15 payments, from $1 a week to $100 a day. You can also speed up, slow down, or pause your payment as per your wish and get your desired ring once the total amount is saved.