Do I need to revise for whom I am buying or what I am buying for them?
Possibly. Americans are famous for making the holidays into a gift-giving extravaganza instead of placing the main focus on giving of ourselves and our time. A small, truly thoughtful gift can make a better impression than a lavish, generic present. A hand-packed gift basket of practical items is always welcome, and can be assembled economically.
“Every year I revise the gift list of who I purchase for. The biggest change is usually to move someone off the list for gifts and onto the Christmas card list. Other changes include the nature of the gifts given and we tend to go a little smaller each year to try and reel back from the gift-giving focus to the real purpose of the season.” – Lauren B. Foster, CPA.CITP