Last night I taught a class on frugal gift giving and I thought I would post a little bit about it here. I love to give gifts. I love
the whole process, including the planning, shopping for (or making) the perfect gift, and finally giving the gift. It’s definitely one of the things that make me happy. Since I don't have a limitless supply of money to fund this gift giving love of mine, I have had to learn to be frugal. Now my definition of being frugal may be different than others', but the following tips that I have learned are valid no matter what your definition of frugal is.
The Four P's of Frugal Gift Giving Plan One day a year, sit down and write a list of who you need to buy gifts for and when you need to give the gifts. Don't forget to plan for those birthday parties that your kids are invited to attend. Make sure to include all gift-giving holidays that you participate in. Also, when you plan, pay special attention to the date. It is very important to make sure that gifts are received on or before the special day, as this attention to detail is noticed and appreciated by the recipient. A late gift, especially an obviously frugal one, may end up conveying the wrong message.
Ponder Now that you have your list, think about the people that you need to give gifts for. The less money you spend on a gift, the more time/thought you should probably spend on it. People recognize when thought has been put into a gift and they appreciate it. Find out their likes and dislikes, their favorite colors, hobbies, foods, places, music, brands, etc. Keep little notes if it will help you remember. When you are shopping, it will save you a lot of frustration and make it easier for you to select the perfect gift. It also increases the chances that the recipient will love the gift no matter how much you spend.
This master list will be key to your success as a gift giver and will enable you to make your purchases when its financially beneficial for you, not for the retailer.
Purchase/Prepare Many people believe that frugal gifts are always homemade. While it’s true that you can often save money by making a gift ourself, it is not always true. I have handmade items that have ended up costing more than store bought gifts. Frugal gifts can be purchased or homemade. No matter what you decide, try to decide early. This gives your more time to find or make the perfect gift that fits your budget.
Now that you have a master list and some guidelines, carry the list with you. Every time you go shopping (especially at Target with their regular clearance deals) make sure to go through all the areas. If you don’t walk down that aisle, you will never notice the good deals that will fit in your frugal budget and be perfect to give as a gift. Doing this only takes an extra 5-10 minutes of your time, and it will help you find the perfect, frugal gift. Also, watch for sales in craft stores to save money on materials for homemade items. You can even bargain shop online, go to yard sales, etc. Be creative, be alert, and have an open mind.
Presentation
Although we are told never to judge a book by its cover, it happens all the time. A gift wrapped in newspaper just doesn’t have the same impact as an attractive, well-wrapped present. A beautiful presentation will show the recipient that you paid attention to the details. Nice gift wrap and packaging can be purchased inexpensively as long as you buy it ahead of time. Clearance deals of 50 – 90% off are not unheard of at end-of-season sales. Don't wait until the day you need to give the gift or you will likely discover that you don't have the wrap that you need, forcing you to spend more than you’d like to.
Finally, depending on the situation, the gift can be accompanied by a simple card (handmade or purchased on sale, of course) to let the recipient know how much you care.
So that was the quick version of my class. The ladies loved it, especially the examples that I brought in. The following item was probably the most popular and it may actually be an upcoming Enrichment project. It is a church activity book that I hope will keep the kids reverent during Sacrament Meeting, while helping them to focus on gospel topics. There are about 100 pages of gospel-oriented activities (crosswords, puzzles, games, coloring pages, etc), some that I came up with myself and others I printed from the online version of our Church magazine for kids. It took me about 2 hours to print all of the pages from lds.org. Once you print, make sure you keep the master copy for yourself to always make copies from so you get the highest quality copies.
Cover:

Inside: