There’s no Shame in Regifting – Just Follow a few Rules!!!!

Regifting

Posted on November 29th, 2009
http://www.boston.com/business/personalfinance…

Given the state of the economy and your bank account, purchasing gifts for certain friends and family may not be possible this holiday season. But no need to worry if that is your situation. Surely you have nice but unused gifts stashed around your home. If so, pull them out to do what in the past might have been unthinkable – regift.

More Americans this year are planning on regifting, according to a Consumer Reports survey. The poll found that 36 percent of US adults said they would recycle a gift, compared with 31 percent last year and 24 percent in 2007.There should be no shame in this money saving strategy, says Jodi Newbern, author of “Regifting Revival! A Guide to Reusing Gifts Graciously.’’

I’ve always advocated regifting. So I’ve chosen Newbern’s book for the December pick for the Color of Money Book Club. Newbern has written a fantastic how-to guide that just may win over many opponents of regifting. The 161-page book is part persuasion, part manual. She promises – and delivers – a “definitive source for all things regiftable.’’

Pamela A. from Duluth, Minn., should buy the book to give to a bad regifter in her life. She wrote: “I gave my dad’s girlfriend, who is cat crazy a beautiful couch throw that I had hunted for months to find for her. She used it for months. Imagine my surprise, when on Christmas morning five years ago, I opened my gift from her and found this comforter staring up at me . . . ! (She) smiled joyfully and asked me how I liked her gift, and I told her that I had loved it when I gave it to her.’’

Opponents of regifting argue that it is inconsiderate or insulting to recycle a gift. That can be true if the gift isn’t well presented and is unsuitable for the recipient. But does something have to be newly purchased to be appropriate and appreciated? If your intentions are good and you do this right, you can graciously regift without any resulting hurt feelings.

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