Who You Should (and Shouldn't) Be Buying Presents for During the Holidays

Who You Should (and Shouldn't) Be Buying Presents for During the Holidays

There are 50 people on your holiday gift list... and $50 in your bank account.

By Marianne Garvey

'Tis the season to go broke. Oh, sorry, we mean happy holidays.

Who isn't a nervous wreck when it comes to buying holiday presents, especially if there are a million people on your list? It's time to get real — who must you gift a little something to and where can you cut the list off? Unless you're Diddy or Bill Gates, then you probably don't want to spend spend spend.

Personal Space called in etiquette expert Diane Gottsman to talk gifting protocol, and here's what she said:

First of all, when it comes to gift giving the list can be long and overwhelming. Here's how you can decide who gets a gift and who doesn't. "The key to determine who gets a gift and who you can skip depends on your budget, the nature of your relationship, and the desire to continue building on goodwill," Gottsman said.

Do not skip these people

"You would not want to skip your parents or your children. But, you can certainly cut back on distant cousins, relatives, and friend you are not close to," Gottsman said. "This is the time to do it! Explain that you are changing up your gift-giving list this year and you would prefer they perform an act of kindness on your behalf and you will do the same. These people that you are considering cutting are considering cutting you as well, they just don’t know how to do it."

Splurge on one person if you want

"You can decide to splurge on one gift between you and your spouse, surprise them, or skip it altogether in lieu of an exciting experience, such as a vacation you are saving up for," she suggested.

What about the boss?

"Regarding your boss, the etiquette is that you don’t have to give your boss a gift," Gottsman explained. "The reality is, you work for this person and see them every single day and will probably want to remember them in some small way. The best way to do this is by getting your team together at the office, pulling resources, and buying a gift from the group."

The golden gift rule

"The thing to remember when it comes to gift giving is you are under no obligation to tip or gift anyone," Gottsman said. "However, you will want to remember those you love, respect, or want to continue building a strong relationship with."

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