Regifting Rules For The Holidays

As you're checking names off your holiday shopping list and watching your bank account dwindle, perhaps regifting is sounding better and better.  According to a Money Management survey, 58% of people surveyed plan to regift or have done so in the past. However, there are some things to keep in mind when regifting.

Regifting can be a good way to save money and get rid of something you have no intention of using.  These tips can help your regifting go smoothly:

1.  Never regift something you're already used.  Tacky, tacky, tacky.

2.  Are you going to feel guilty or embarrassed if you regift? If you answer yes, then don't do it.

3.  Examine the packaging  and make sure you get rid of anything that shows this gift was originally intended for you.  One of my friend's got a wedding gift that had someone else's card in the bottom of the box under the tissue paper.  You definitely don't want to do that.

4.  Make the gift look attractive.  Use a new box and new tissue paper.  The idea is to make it not look like you're regifting.

5.  Never, ever regift one of a kind items or something someone made for you.

6.  Do you remember who gave you the original gift?  Try to regift to people who aren't likely to know the original gift giver.

Need more tips?  There's a website dedicated to regifting, called regiftable.com.  Hope your regifting recipient likes what you give.