Save Money on Gifts: 7 Ways to Make Shopping for Presents More Affordable (+Alternatives!)

Photo: Sora Shimazaki

Get a little bit more creative! That’s what we people on a budget do! DIY your own advent calendar. Pick up little treats, perfume gifts, candles, and trinkets throughout the year, or even just write down fun activities or memories. Fill each day with something personal and meaningful. It’s way more thoughtful, and you can tailor it perfectly to the person you’re giving it to.

Photo: Markus Spiske

#3. Don’t shop for presents in one marketplace!

It’s so easy to get stuck in a rut, especially when you find a “perfect” gift idea. But resist the urge to buy everything from one single place! That’s a surefire way to miss out on deals. I can’t imagine how many times I bought a birthday present, just to find it for cheaper in another store.  

• Instead, compare the offers between different stores:

Take a little time to compare prices between different stores, both online and in person. You might be surprised at how much you can save by just doing a quick search. Plus, different stores often have unique selections, so you might stumble upon an even better gift than you originally planned. There are a bunch of handy online tools to compare retailer’s prices.

#4. Don’t gift each individual gift to every person you know!

And here’s another thing: you don’t have to buy a unique, individual gift for every single person on your list. That can get overwhelming and expensive fast.

• Instead, propose themed exchanges:

These little gift-giving parties aren’t only fun, they are a great way to save some money and don’t get overwhelmed by holiday expenses. Here are a few ideas you and your friend/colleagues might enjoy:

‣ Secret Santa: The most popular, classic exchange, when participants draw names and buy a gift for one assigned person, keeping their identity secret. This is great for larger groups, as it reduces the number of gifts each person buys.

‣ White Elephant (Yankee Swap, Dirty Santa): Everyone brings a wrapped gift, and participants take turns choosing and opening gifts. The “stealing” element adds excitement and often humor. Just don’t get too excited!

‣ Grab Bag: Holiday presents are placed in a big bag or pile, and participants randomly select one. This emphasizes surprise and the chance to get somethign truly cool.

‣ Favorite Things: Participants bring a gift representing one of their favorite items and swap between each other.

‣ Charitable Giving Exchanges: You can choose to donate some amount of money to a charity, instead of buying individual gifts. This year we donated money via United 24 for a humanitarian demining. The amount doesn’t matter, what matters is the common goal and dedication to a cause.

‣ Cookie Swap: While not a traditional gift exchange, it is a very popular exchange around the holidays. You can bake cookies, donuts, and healthy snacks and exchange them with each other. Alternatively, you can donate the food to a shelter.

Photo: ilayda 0700

#5. Don’t support large marketplace when shopping for presents!

We’ve already discussed how hard it is to get caught in a credit net by those big online marketplaces, but consider shifting your focus.

• Instead, buy your gifts at thrift stores and local businesses:

Instead of supporting those giants, explore the treasures hidden in your local thrift stores and small businesses. Thrift stores are goldmines for unique, vintage finds that make truly special gifts, and you’ll often find incredible deals. Plus, by shopping locally, you’re directly supporting your community and helping small businesses thrive. It’s a win-win!

#6. Don’t gift physical presents!

And here’s a modern twist on gift-giving: ditch the physical presents altogether and embrace the world of digital gifts. There are an endless amount of possibilities to choose a worthy digital present, without breaking your budget.

• Instead, give digital gifts:

Think about gifting an e-book by a favorite author, a subscription to a streaming service, or an online course that aligns with someone’s interests. Digital gifts are not only convenient and often more affordable, but they also reduce waste and clutter. Plus, they can be delivered instantly, making them perfect for last-minute gifts or those living far away. It’s a thoughtful way to show you care, without adding to the physical pile of stuff.

Photo: RDNE Stock project

#7. Don’t shop without a strategy:

Finally, resist the urge to just wander into stores and buy whatever catches your eye. That’s a recipe for overspending and ending up with a bunch of random gifts.

• Instead, come up with a plan and follow it:

Sit down and make a plan. Who are you buying for? What do they actually need or want? Set a budget and stick to it. Write down your ideas, and then follow through. Having a strategy will keep you focused and prevent those impulse buys that always seem to happen when you’re caught up in the holiday rush.

Let’s summarize…

In a world of overconsumption, choosing to gift mindfully is a powerful statement. By adopting these cost-effective and alternative approaches, you’re not only saving money but also contributing to a more sustainable and conscious lifestyle. Consider the environmental impact of your purchases and explore inexpensive gift options like upcycled gifts, experiences, or supporting local artisans. These choices can bring a unique and personal touch to your gifts while minimizing budgetary waste.