From the monthly archives:

December 2009

Choosing the perfect gift for someone isn’t always an easy task. Sometimes we want to give a gift to someone who we don’t know very well, and we have a hard time figuring out what to get them. Other times we’re very close to the recipient, but we still can’t come up with any ideas.

When you can’t decide on a gift, a gift basket or hamper is the perfect solution. They can be created based on a variety of themes. If you know someone well, you can give him or her a basket that contains favorite foods or supplies for a hobby they enjoy. If not, you can do something more generic like a spa basket or an assortment of different foods.

Many companies sell gift baskets and hampers at premium prices. But you don’t have to shell out big bucks for them. You can often create your own for a fraction of the price. Here are some tips that will help.

* Pick up a cheap basket or hamper. You can find them at most dollar stores for 5 dollars or less. Or if you have one sitting around the house that you don’t use, there’s no harm in repurposing it.

* Avoid splurging on the filling. The fillers you’ll find at craft stores are often surprisingly expensive. Instead of allocating a chunk of your basket budget to something that’s not particularly useful, consider reusing Easter grass. Or you could use shredded newspaper as a filler. If using newspaper, make sure to wrap items that could be stained by the ink with paper or plastic wrap.

* Put lots of home-made items in the basket. Fresh baked cookies mean a lot more than even the most expensive gourmet cookies. And handmade crafts such as a knitted scarf or pair of baby booties hold much more sentimental value than their store-bought counterparts.

* If you plan to include food items, be sure to find out about any allergies or dietary restrictions before you get started. This will keep you from wasting money on things the recipient can’t eat.

* Add some inexpensive items from the dollar store if you like. Depending on the basket’s theme, you might choose candy, toys, scented candles, small picture frames, stationery, playing cards, soaps or something else.

* An inexpensive spool of wide ribbon is often all you’ll need to finish up your basket or hamper. Weave it around the handle or rim, and tie it in a large bow on top. You could also tie it around some individual items if you like.

It’s easy to go out and buy a ready-made gift hamper. But it’s much more frugal, and more fun, to create one yourself. You can include items that you know the recipient will enjoy, and it’s easy to add a personal touch.

Click to share this post with friends.

For more great content, remember to subscribe to my RSS feed. Subscribe

Ways to Prepare Yourself for Loss of Job and Income

December 30, 2009

In today’s economy, the concept of job security has become a thing of the past. People lose their jobs every day, and in many cases it’s through absolutely no fault of their own. Layoffs are common, and entire factories and offices frequently shut down, leaving workers to try to scrape by on unemployment if they [...]

Read the full article →

Travelocity

December 29, 2009

Where to buy: www.travelocity.com Are you planning your next holiday and trying and save money? Are you looking to save money on flights, car rentals, hotel reservations, cruises and last minute deals? Then go to the Travelocity’s well laid out website for exciting holiday deals and travel information. Travelocity.com comes with a Low Price Match [...]

Read the full article →

Invest Children’s Gift Money Wisely

December 29, 2009

When you’re a kid, getting money is a big deal. Children love the feeling of having money of their own to spend, and they’re often ready to hit the toy store no sooner than they get it in their pockets. But if they were to save that money, they could have a nice nest egg [...]

Read the full article →

How Grandparents Can Help to Fund College Educations

December 28, 2009

Going to college is an expensive proposition these days. Students need all the help they can get. And costs aren’t getting any lower, so it pays to start planning for college while children are still young. Parents usually take the responsibility of saving up for their children’s college education. But grandparents are often willing and [...]

Read the full article →

The Complete Idiot’s Guide To Personal Finance In Your 20s and 30s

December 27, 2009

Where to buy: www.amazon.com The Complete Idiot’s Guide To Personal Finance In Your 20s and 30s is in its Third Edition. It is a great resource for the 20s and 30s age group to start thinking about their personal finance and investments. The authors are Sarah Young Fisher and Susan Shelly. Sarah Young Fisher is [...]

Read the full article →

Holiday Gift Giving on a Budget

December 27, 2009

When we’re young, we usually look forward to the holidays with great enthusiasm. As we get older we become less excited about them, but most of us still like to exchange gifts and enjoy the company of friends and family. When you’re on a tight budget, however, the holidays may come with a sense of [...]

Read the full article →

Frugal Fuel Tips

December 26, 2009

With gas prices much higher than they were just a few short years ago, many of us have stopped driving as much as we used to. Leaving your vehicle in the driveway is without a doubt the most effective way to avoid high gas prices. But we can’t stay home all the time. Of course, [...]

Read the full article →

The Budget Kit: The Common Cents Money Management Workbook

December 25, 2009

Where to buy: www.amazon.com If you are trying to live within a budget, make ends meet or paying off debts, the Budget Kit is a great way to get started. Firstly, you will be introduced to the various worksheets available and how to use them for maximum benefit. You learn about handling savings, electronic budgeting [...]

Read the full article →

Tax Tips for Freelancers

December 25, 2009

There are lots of wonderful things about working as a freelancer. In most cases, you can set your own hours instead of working on someone else’s schedule. You can take a day off whenever you like, as long as you don’t have any impending deadlines to contend with. And since you’re probably not getting paid [...]

Read the full article →