3 Tricks to Save Money on Birthday Presents 

How do you save money on birthday presents and still buy decent gifts?

save money on birthday presentsLearn how to save money on birthday presents your friends and family will love. It’s easier than you think! All you need is a plan to keep gift-giving from overtaking your budget. Get started today by following these three simple tricks:

#1: Stop Buying on the Spur of the Moment

We all know how it is. You’re walking through a store and pass an item with a clearance tag so low you’re just sure it will work for someone on your list. How often do those purchases really get a big reaction? 

More often than not, the response they get is lackluster because the gifts aren’t really suited to anyone on your gift list. They might be loosely related to a friend or family member’s interests, but not so much that they’d ever request or expect the present you got on the fly.

In short, these purchases do little more than waste your money and keep someone who really would appreciate the item for getting it at a stellar price.

Over the course of a year, the cost of these surprise purchases really adds up. Five dollars here. Seven dollars there. By resisting the urge to splurge, you could save a few hundred dollars to spend on gifts your loved ones really enjoy!

#2: Focus on the Experience

Why do we even give people presents? Is it to honor them? To show them we care? To make their lives more enjoyable? Probably all of the above, right? 

Thoughtful giving pays off with a big impact. 

Unfortunately, the goal of shopping science is to motivate people to buy. It’s easy to get caught up in the moment, and it should be! Companies have invested millions of dollars to figure out what works. They pass that info onto sellers, who are more than happy to put it into motion. Every time you visit a store or website, forces are working to get as much of your cash as quickly as possible. 

This is why it’s important to take your time before buying anything. Resist the impact of advertising with the following:

  • Go window shopping without any money
  • Prepare yourself for going home empty-handed
  • Take cell pictures of items you like
  • Give yourself time to think about which one is best

Before making your final decision, be sure to consider:

  • Would this person want me to spend so much money?
  • How will my loved one feel when opening this present?
  • How will the recipient use this gift?
  • What is the potential outcome of this investment?

Make no mistake, every gift you give is an investment into your relationship with another person. Make sure it counts! 

#3: Maximize Impact with the Right Wrapping Paper

Did you know there have been studies on the impact of wrapping presents? According to the Guardian, wrapped packages carried more value for gift recipients. Not only did they assume the gifts were more expensive, but they appreciated them in the long run. 

What’s more important is the idea of wrapping a present seems to carry more weight than what’s used to do the job. Plain brown paper wrapping gave gifts a boost.

What does this tell you? 

First, it means that spending big dollars on fancy bags, ribbons and shiny paper isn’t necessary. It’s a nice extra touch if you can afford it, but no one should feel badly about wrapping a gift in newspaper and using twine for a bow. (That might actually be the perfect thing for a hipster!)

It also means that it’s worth investing a few minutes in presentation. It all comes back to experience, right? Your loved ones will remember seeing the present and the big reveal. It makes them feel special and makes the moment exciting. It gives them the impression they – and the item – were worth the extra effort. 

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