According to the National Retail Federation, American families spent more than $900 last year on holiday gifting alone. Black Friday sales begin earlier and earlier each year, and shelves are snatched of the season’s hottest toys. The pressure to buy, buy and buy more is real.
Instead of facing potential financial burden well into the new year, consider giving fewer, more thoughtful gifts. Many individuals subscribe to the four-gift rule for loves ones: purchasing only one gift in each category of items they want, need, can wear and will read.
Others opt to give experiences that can be enjoyed together in lieu of physical items. Memories created attending a concert, dining at a favorite locale or attending a museum exhibit often last longer than the pleasure of unwrapping a material gift.