Do you have a gift budget? If you don’t you should. Buying gifts can get expensive. Birthdays, holidays, weddings, baby showers, anniversaries, etc. It’s very important to plan ahead when buying gifts. Here are a few tips to plan for gifting.
Write down everyone’s birthday that you plan on gifting and create a budget for each one of them.
Use your Luxurious “Gift” Cash Envelopes to store the money you plan on gifting. There’s a Budgeting Tracker on the back of the envelope so that you can keep track on what you’re saving.
Make your gift budget stretch by going in with friends. Birthday and baby shower gifts can get pricey. Don’t be afraid to ask a family or friend to go half on a gift.
Create a budget for unexpected gifting. You may have met a new friend that has a birthday coming up, or an unexpected celebration arrives. Save an extra $100 so that you won’t have to pull money from somewhere else.
Create a Gift Stash. Keep gifts on deck. Another great way to stay within your gifting budget is to buy gifts ahead a time. Wine, candles, unisex toys, and gift cards are great gifts that you can purchase ahead time when unexpected parties occur.
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