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Buying gifts can really take you off your budget

October 6th, 2008 at 07:37 am

I have a baby shower coming up Saturday for a client. I just found out about the date this Friday, so I probably won't be able to attend because we already have plans. However, I do plan to purchase a gift, hopefully, going in on half with my sister (she's her friend too) who will probably attend.

Because most of my clients are all over the country, I never meet them face-to-face let alone ever see them. But this is a client since 2005 (off and on), before I made the rule of coaching clients over the phone, only.

I usually spend $10-15 dollars on baby shower gifts, but I will probably spend $15-25 for this client. However, since we're not a big gift giving family, it will throw us off our budget some. But I will take the cash out of another of our envelopes.

Are you a big gift giver? If so, do you have a budget, and how much do you usually spend in a month or year?

3 Responses to “Buying gifts can really take you off your budget”

  1. M E 2 Says:



    I thank GOD, every day that when it comes to gifts/gift giving, I have a very small family (at least to me), a small circle of friends who are not married (yet, and I don't see it happening anytime soon either) nor do they have kids (see the marriage thing) and my office consists of two fellow employees and our boss, period. I do not socialize with any of my 50-ish clients, EVAH. So............ my gift giving is pretty much the same year in, year out. With the exception this year being that my youngest (and only female) cousin and her husband are expecting a baby in February. I am sure, as with her bridal shower, my Mom, Aunt, (NOT my cousin's mom) and my two sisters will all go on in on a *big* gift.

  2. Analise Says:

    When I worked, there were always occasions for gift giving, especially birthdays, baby or bridal showers, and weddings. I did spend a lot ($1,000+ a year), but I was earning a high salary so it was not a problem.

    Now that I am retired I am trying to be more careful. I will continue to buy thoughtful yet practical gifts but my challenge is to find great bargains. I do not have as many occasions since I am no longer in the workplace and my family is small. The exception is my family in El Salvador that I am visiting in December. I plan to spend about $500 but I am buying gifts for 24 people. And, we are not paying for a hotel or air fare (used miles), so I do not consider it to be extravagant.

  3. Credit Manager Says:

    When I worked, there were always occasions for gift giving, especially birthdays, baby or bridal showers, and weddings. I did spend a lot ($1,000+ a year), but I was earning a high salary so it was not a problem.

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