Tip 61: Spend more thought and less money on presents
I suppose buying presents is like driving- everyone thinks they are good at it! I like to think that I can choose really good presents for people I know that don’t cost that much. I like to find things that the recipient didn’t know they wanted, but that they really will enjoy. The success of this approach depends on 1) knowing the person and their interests and 2) knowing what they already have.Sometimes gift cards are a good option. Anyone can use a gift card, and no one needs to return a gift card because it is the wrong size or color. We had a really great realtor working with us on selling our house and buying the next one. He went the extra mile to work out a deal on a for sale by owner (FSBO) property we wanted to buy. Most realtors would not have been able to work out such a deal. We asked his assistant what he would like for a gift. The right gift was obvious when she suggested it. Many times when we were house hunting or filling out forms at the realtor’s office, he would be having a Dairy Queen Blizzard for dinner. It was clear that he really enjoyed Dairy Queen Blizzards. So we got him a gift card at Dairy Queen and wrote “To the World’s Best Realtor” on the card holder. He really appreciated this gift and mentioned it several times. He kept the card holder with our note with his mementos.
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