~Set a budget for each gift; whether it is for birthdays, Christmas, weddings, baby showers ect, think about a set amount that you don't want to go over. Keep track of your spending if you are buying more than one item for a person.
~If it is a specific big ticket item ask others if they would like to split the cost.
~Shop around: shop at different stores and look for bargains. Don't leave out thrift stores. I have found some great things with the tags still on especially when it goes to the Goodwill discount store As Is.
~Look for coupons for stores that you typically find great deals at for extra savings.
~Think ahead: if you find something that is a rock bottom price buy it and tuck it away for future gift giving.
~It shouldn't cost a small fortune to give a great gift and getting out a credit card to pay is not a good or frugal idea. I have learned that there is no reason to go into debt to give a gift from the heart.
Do you have any gift giving tips?
The bottom picture is a baby girl Michigan hat on sale for $3 at Meijer. I think the original price was around $20 and the Jacket is from Peebles on sale for about $13 dollars (the original price was $44)
Frugal gift giving is fun, creative and thoughtful and is being a good steward of your money.