1. Often gifts that people give on occasions like birthdays and Christmas end up in rummage sales, stored for years in closets, or re-gifted to someone else. Avoid this situation by asking for a ten-item wish list from the person concerned. Suggest a dollar limit where possible.
2. At Christmas time, rather than each person in the family having to buy gifts for everyone else, draw names, set a cost ceiling and buy for one person. This will reduce financial pressure on everyone.
DOING M O R E WITH YOUR MONEY AND RESOURCES
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