It seems like every month there’s a holiday, birthday, graduation, house warming party, or special occasion that requires a gift. As much as I love to give thoughtful gifts, it’s exhausting preparing your budget for these monthly events.
Due to the frequency of gift-giving lately, I have scaled back the amount of money I spend on presents. It’s not because I’m cheap, it’s because I’m trying to get out of debt, fools! Have no fear though, there are still plenty of things you can do that don’t cost an arm and a leg.
For example, this Father’s Day, I spent a total of $21.12 on a gift that will be around forever. It means something and involved my ENTIRE family. Typically my budget would be double what I spent – but I think this turned out way better than what I would normally do.
What I bought:
- 4 picture frames – 10% military discount included
- 2 painted, wooden letters – 25% AC Moore coupon included – returned after use
- Walgreens 4 x 6 prints – 25% off coupon
Time it took:
- 2 hours
Some Tips to reducing your gift budget
- Make it realistic – You aren’t going to spend $5 on your Dad for father’s day – Make a realistic goal
- Search Pinterest for affordable gifts – you’ll be surprised! That’s where I got this idea from.
- Go in on a present with someone else – You can get a bigger gift that aligns with your budget
- If you’re artistic, make something yourself – It will take more time, but it will cost much less
- Check coupons and discounts before you swipe your card – This is self explanatory. I would have gone over budget if I didn’t check what I could get off of the sticker price!