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Tis the season for gift giving, which means an awful lot of clutter is about to enter homes all around the world. This year I’m trying to avoid the clutter. I’m giving more thoughtful gifts including experiences, and things that can actually be used. Here are a few of the things I’m considering giving.
Money (with a twist)
There are probably quite a few people in your life who would prefer cash to clutter, and to make it an even better gift, why not put it in a high interest saving account or investment account for them? Or even invest it for them in something a bit unusual that perhaps ties into a hobby or interest of theirs. There are some interesting alternative investment options you could consider, including things like music royalties or fractionalized art.
Budgeting Tools
With so many people having financial goals as part of their New Year’s resolutions, a great gift might be a paid subscription to a budgeting app like You Need a Budget or Rocket Money.
Alternatively you could gift a budgeting planner, either digital or physical. For those who enjoy journaling and are also aiming to improve finances, consider buying them a copy of Kakeibo, a Japanese inspired planner and financial journal in one.
Subscriptions
There’s a lot of good information out there for anyone wanting to learn more about personal finance, but some of it is behind a paywall. If you have a loved one who uses the highly popular Substack app, why not treat them to a paid subscription to one of the top personal finance Substacks, like Healthy Rich, Money Changes Everything, or The Compounding Tortoise.
If you know they already subscribe to the free version of a particular Substack (or free content from any personal finance-focused creator) you could buy them an upgrade to the premium content if there is one.
A Course, Class or Workshop
There are some great personal finance courses online, or if your giftee is a bit of a joiner you could check out in-person classes or workshops in your local area.
There may be some on budgeting, investing, or starting a side hustle. It’s just a case of finding one that ties in with their current goals and interests.
Books
We’ve talked before, here at Wealthtender about how many great personal finance books there are out there. Consider one that’s really relevant to their life stage right now, or buy them a bundle of a few books that address different aspect of personal finance. Really committed to cutting the clutter? You can gift almost any book as an eBook.
Financial Coaching
A financial coach is different from a financial advisor (although a session with a specialist financial advisor might be appreciated too). Financial coaching is a little bit like life coaching.
Your coach will help you set goals, look at your day-to-day life and help you develop habits and behaviours that will help you get to where you want to be.
Some of these gifts will only be suitable for those you’re very close to, of course, and it’s well worth chatting to your friends and family to see if they think this would be a gift they could use. But in a season full of clutter, some people will be more than happy to get a premium budgeting app, a financial coaching session or a useful subscription that sets them up for a more prosperous life in the coming year.
About the Author
Karen Banes is a freelance writer specializing in entrepreneurship, parenting and lifestyle. She writes articles, website content, ebooks and the occasional award winning short story. Her work has appeared in a range of publications both online and off, including The Washington Post, Life Info Magazine, Transitions Abroad, Brave New Traveler, Natural Parenting Group, and Copia Magazine. Learn More About Karen
Wealthtender is a trusted, independent financial directory and educational resource governed by our strict Editorial Policy, Integrity Standards, and Terms of Use. While we receive compensation from featured professionals (a natural conflict of interest), we always operate with integrity and transparency to earn your trust. Wealthtender is not a client of these providers.