A new year brings with it birthdays, weddings, anniversaries, christenings and other special occasions. Yet navigating each event can be a challenge financially as families, like our Mumsnet users, try to master the art of gifting thoughtfully… And spending wisely.
The pressures of overspending or finding the “perfect gift” can loom large. Plus, if you have a habit of leaving things until the last minute (like a child's birthday party), you'll probably find you spent more than you intended to. Add the fact that the Cost of Living Crisis isn’t expected to ease until later this year, it’s no wonder families are being more deliberate with their gift choices and expenditure. In fact, parents like Ginmonkeyagain are purposely being mindful about spending: “[It] is so much nicer since I made a proactive decision to pare it right down - no frantic saving, no debt, no obligation.”
“I try to wangle in as many things as possible that they actually need”, says Hearmenow23, “such as coats, furniture for the bedroom etc. I start saving from summer.”
“I hate loads of stuff and spending too much, but love seeing the kids enjoy [it]”, adds OUB1974.
So, to help you avoid over spending throughout the year, we’ve put together a guide to clever hacks that will help you track down the perfect present without breaking the bank. From thoughtful, DIY gifts to vouchers and experiences, keep reading to find five ways to gift wisely this year.
1. Make your own decorations and give them as gifts.