{"id":5232,"date":"2023-11-29T10:52:57","date_gmt":"2023-11-29T08:52:57","guid":{"rendered":"https:\/\/dotnewsconnect.co.za\/fin\/?p=5232"},"modified":"2023-11-29T10:55:24","modified_gmt":"2023-11-29T08:55:24","slug":"how-to-give-meaningful-gifts-this-festive-season","status":"publish","type":"post","link":"https:\/\/dotnewsconnect.co.za\/fin\/2023\/how-to-give-meaningful-gifts-this-festive-season\/","title":{"rendered":"How to Give Meaningful Gifts This Festive Season"},"content":{"rendered":"

\u201cWe are living in a material world, and I am a material girl.\u201d (Madonna)<\/p><\/blockquote>\n

Why not take this festive season as an opportunity to begin a tradition of truly meaningful gifting in your family? In today\u2019s world, more and more people are realising that things bring only fleeting joy \u2013 it\u2019s experiences that really matter. And the evidence isn\u2019t merely anecdotal: research shows that experiences result in\u00a0longer-lasting happiness\u00a0than material possessions. Read on for some practical tips on how to get gifting right in 2023\u2026<\/p>\n

For young kids<\/h6>\n

While there\u2019s no getting around the fact that little ones probably do need something to unwrap at this time of year, you also don\u2019t want to be giving young minds the impression that Barbies and Paw Patrol figurines grow on trees. It\u2019s never too early to start a culture of experiential gifting, whether it\u2019s a trip to the aquarium, a family camping weekend or a \u201cvoucher\u201d for a fishing trip with mom or dad, you\u2019ll be amazed at how simple (and affordable) it can be to spark joy in your children or grandchildren.<\/p>\n

For older children<\/h6>\n

Tweens and teens are notoriously hard to please \u2013 but what they really crave, even more than the latest video game or gadget, is attention and experiences. Depending on their preferences, tickets to a concert or a sports game (with friends or with you) are sure to go down well. Other options include a gym membership, a weekend away, or some sort of art\/crafting course.<\/p>\n

For your spouse or partner<\/h6>\n

Buying gifts for your significant other can be really tricky \u2013 not least because they\u2019ve probably already bought everything on their wish list for themselves. Of course, hubby won\u2019t say no to a mixed case of craft beers \u2013 but can this even compare to a beermaking experience with his mates? It works the other way too: handmade soaps are lovely, but learning how to make soap with your besties is way lovelier.<\/p>\n

Another great option is to gift each other a joint experience: a couples\u2019 massage; a date night at that new Thai place down the road; or a weekend away in Clarens\u2026<\/p>\n

For your parents<\/h6>\n

The last thing your folks want is more stuff \u2013 in fact, they seem to spend 90% of their lives downscaling and decluttering! But this doesn\u2019t mean they don\u2019t crave your presents (and presence). Depending on what they\u2019re into, tickets to the ballet, a round of golf at a new course, or a spa voucher could go down a treat. Or you could keep it really simple by taking them out for lunch: just you and them.<\/p>\n

An even bolder idea: Financial gifting<\/h6>\n

This might be a harder sell than experiential gifting, but hear us out. A gift of unit trusts or a monthly debit order into a TFSA may not sound sexy \u2013 but that\u2019s only because you\u2019re not selling it right. The first essential step to successful financial gifting is to get buy-in (especially when dealing with youngsters) before the big day arrives. Christmas morning could be awkward if your kids are handed sheaths of documents they don\u2019t understand while their cousins get to unwrap expensive drones and GHDs.<\/p>\n

Naming the gift is an important step in the process as it fosters gratitude and sells the gift outcome \u2013 thus introducing the recipient to goal and time-based investing. You might want to call the gift something like \u201cYour iPhone fund\u201d or \u201cYour Mauritius holiday fund.\u201d It\u2019s also important that you take all the hassle out of the process by filling in the paperwork.<\/p>\n

Done correctly, financial gifts can be far more rewarding than other gifts. And that\u2019s before we go into the hidden (but obvious) benefits of developing healthy financial habits and teaching the value of time-based investing.<\/p>\n

If you want any assistance with giving financial gifts this festive season, please don\u2019t hesitate to contact us.<\/strong><\/p>\n

Disclaimer:<\/strong>\u00a0The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your professional adviser for specific and detailed advice.<\/p>\n

\u00a9 FinDotNews<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cWe are living in a material world, and I am a material girl.\u201d (Madonna) Why not take this festive season as an opportunity to begin a tradition of truly meaningful gifting in your family? In today\u2019s world, more and more people are realising that things bring only fleeting joy \u2013 it\u2019s experiences that really matter. […]<\/p>\n","protected":false},"author":101019,"featured_media":5233,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[37,38],"tags":[],"class_list":["post-5232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-planning","category-general-interest"],"yoast_head":"\nHow to Give Meaningful Gifts This Festive Season • FinDotNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dotnewsconnect.co.za\/fin\/2023\/how-to-give-meaningful-gifts-this-festive-season\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Give Meaningful Gifts This Festive Season • FinDotNews\" \/>\n<meta property=\"og:description\" content=\"\u201cWe are living in a material world, and I am a material girl.\u201d (Madonna) Why not take this festive season as an opportunity to begin a tradition of truly meaningful gifting in your family? In today\u2019s world, more and more people are realising that things bring only fleeting joy \u2013 it\u2019s experiences that really matter. 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