Finding the perfect gift can be tough. Today I’m going to share three tips that will help you stress less and give better gifts without busting the budget.
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I absolutely love giving gifts to my friends and family members. But I used to hate the process of shopping for and finding great gifts that weren’t overly expensive, especially around the holidays. I was always wondering what gifts I should get for the people closest to me, and additionally, how much I should be spending on said gifts.
I didn’t have a plan, and because of that I often spent more than I really wanted to on something that I wasn’t sure my loved ones would truly enjoy. Maybe you’ve had these feelings too. Don’t worry, I’m about to teach you a better way!
Tip 1: Make a List
My first tip is to make a list right now of every gift you need to buy for the entire year – including birthdays, anniversaries, and holidays. Organize this list by month. When you’re planning your monthly budget, look ahead at the next month or two to see if any special occasions are coming up. Then all you need to do is add the proper amount to your spending plan. This will ensure you never get caught off guard and need to purchase a last minute gift.
Tip 2: Plan Your Spending
That brings me to tip number 2: plan right now how much money you’re going to spend on each gift throughout the year. If you’re married, this is one of those decisions that you’re going to need to make with your spouse, and there might be some disagreement. But at least if you have the discussion now for every gift, you can avoid having it every month.
On the topic of a gift spending plan, there always seems to be unexpected additional gifts that are needed throughout the year. Decide now how much you’re comfortable spending if you’re invited to a wedding, baby shower, or birthday celebration. Be prepared to spend up to that amount if one of those occasions comes along.
Now you know for whom you need to purchase gifts throughout the entire year, and how much you’re comfortable spending on each. Only one question left. What the heck do you get for people when the time comes? This was always the hardest part for me. I was so excited when I came up with this simple solution. Tip number 3 is to take notes!
Tip 3: Take Notes!
In the notes app on my phone, I’ve got a document in which I keep a running list of gift ideas for everyone I purchase gifts for. Every time I come across something and think “That would really be a great gift for so-and-so” I take out my phone and add it to the list. Additionally, every time I go and visit with friends and family, I’m on the lookout for things that they might need or find useful, especially things that I already own and benefit from. If something comes to mind during my visit, I immediately add it to my list.
For example: A few years ago I noticed my father in law was struggling trying to judge whether some chicken was finished cooking. Right then, I added a cooking thermometer to his gift list. When Father’s Day came around a few months later, my wife and I knew exactly what to get him – and we knew he would love it.
I’m always on the lookout for great gift ideas. What’s your favorite gift that you’ve given or received lately? Let me know in the comments.