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Gifts That Keep on Giving

Have you ever "regifted?" You know, given something as a gift that someone had given to you? According to an article in the Detroit News, 40 percent of people admit to regifting. "Admit" seems to be the key word. Now there's a web site on the subject that offers advice for tactful regifting (is that an oxymoron?). Among the suggestions: Always rewrap the gift; only give items that are new and in their original packaging; and, perhaps most importantly, know who gave you the gift in the first place so you don't give it back to them!

Matt's View

A favorite Christmas tradition in my wife's family is an annual white elephant gift exchange. After all of the wrapped presents are placed in the middle of the room, people draw numbers to see who gets to pick first. It's a fun way to do a bit of honest regifting before the real gifts are given on Christmas morning.

This article filed in: Holidays

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Managing Money by The Book

"Therefore everyone who hears these words of mine and puts them into practice is like a wise man who built his house on the rock. The rain came down, the streams rose, and the winds blew and beat against that house; yet it did not fall, because it had its foundation on the rock." - Matthew 7:24-25

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