Do you want to give better gifts this year? Whether it is for a birthday or Christmas, improving your gift giving will always be appreciated. Here are some great tips.
Gift Giving Tip 1: Plan A Budget
One of the first things you should do is set a budget. It can be very difficult to stick to one that doesn’t exist. Simply write down all of the different gift occasions that are approaching. By doing this, you will be able to separately figure out how much you will be budgeting for each occasion. From there, you should be sticking to your budgets as strictly as possible. By figuring out your limits beforehand, you will be able to get the most out of your budget and give some excellent gifts without overextending yourself.
Gift Giving Tip 2: Don’t Be Afraid Of A DIY Approach
One of the best and easiest ways to save money on the gifts you end up giving is by making them yourself. If you go ahead and make gifts for people, they are going to appreciate them much more than the gifts you purchased. This is especially true when you are talking about gifts that have been customized for the person you are gifting it to. If you are unsure where you should begin, you can take a look at their social media and their Pinterest boards to figure out what they like.
Gift Giving Tip 3: Share a Gift
The budget that you have may end up feeling too limiting for specific occasions. Because of this, you can try to find other people to merge your gift with. By asking a friend or even a sibling to chip in, you should be able to give the gift you want to give without overextending yourself. This can help you find the best gifts without limitations.
Gift Giving Tip 4: Don’t Start Too Late
You will want to begin the process of finding a gift before the gift-buying season begins. By doing everything in advance, you should be able to give yourself ample time to find the best deals and to figure out the right gifts. This will help you avoid overpaying for any single gift because you are desperate or in a rush.
All you have to do is ensure the gift is age appropriate – take a look at these gift ideas for 1 year olds for example – very different to what you’d buy a 3 year old. Ensure you take this into account.
Gift Giving Tip 5: Thrift More
Before going out and spending money on an expensive gift, try to look for other ways to acquire the gift for cheaper. You can do this by going to thrift or consignment stores. This will also allow you to give the most unique gift possible.
Gift Giving Tip 6: Re-Gifting
Re-gifting is something that is universally frowned upon, but it is something that you could seriously consider. Before giving someone something brand new that you bought yourself, you could consider re-gifting it. This way, you will be able to give a gift they would like without spending a dime.
Gift Giving Tip 7: Use Cash When Buying Gifts
One of the worst things you can do is overextend your budget during the gift-giving season. After all, you don’t want to put yourself in a bad financial spot because of gift-giving. It can be much more difficult to overextend when you are using plain cash because you won’t be able to buy anything without money in your wallet. Whereas, with a card, you can swipe even if you can’t afford to pay it off.