The older I get the more I realize that I don’t need another sweater, dress or pair of leather boots (even if they’re UGGs). Oh, and my kids do not need another toy or gadget!
We are truly blessed with what we already have.
It is so important to me for my children not to grow up thinking that they are entitled to more, more and more STUFF!!
I want them to be kind and generous and to seek more out of life than things…
So, this Christmas, I’ve decided to do a few things differently!
The Gift Criteria
Since starting my more focused financial journey, I’ve been really thinking about the quality of the gifts I give. It is so important for me that the gift has a lasting effect. As a result, I’m focusing on two criteria when deciding what gifts to give my loved ones:
1) The gift must be the best bang for my buck.
2) The value of the gift must outweigh the cost.
I can’t help being frugal, so I’m sure #1 is self explanatory! I do not need to get the most expensive gift item on the market.
In fact, I’m likely to purchase the second to lowest priced item, so long as the price fits within my overall budget and #2 is met, then we’re good!
As for point, #2, I quantify “value” by how much use the recipient would get out of the AND how much joy the gift would bring.
The gift essentially needs to be the “gift that keeps on giving”! You see, any one who receives one of these gifts, will continue to appreciate the gift long after they’ve used it or experienced it. They’ll continue to talk about the gift and it will bring joy to their spirit because the gift evokes a great memory!
Here is my list of gift ideas which fall squarely within that category!
1. Experience: Have you ever considered, gifting an experience? It by far outweighs tangible gifts that may break or no longer fit after six months. The memories last a lifetime. Here are a few ideas:
- Nascar Racing Experience
- Horseback riding lessons
- Cooking lessons
- Stay in a treehouse hotel
- Ziplining adventure
- Travel somewhere by train
- Swimming with Dolphins
2. Subscriptions –introduce your loved ones to something new or something they no longer get for themselves, pay the annual subscription to a service and they will appreciate you each time they get to use it!
3. Movie tickets – This is a great gift for the movie lover in your life. Check out our local banks or credit unions to see if they sell discounted movie tickets for a movie theatre chain near you. This was my brother-in-law’s favorite gift because he could go to the movies on my dime anytime he wanted to!
4. Membership – pay the annual membership to something your loved one would enjoy!
- Wholesale warehouse club like Costco/BJs/Sam’s Club
5. Donation – make a donation in a loved one’s name to a cause that’s near and dear to their heart!
What do you think? Is there something you would add to the list…??