Thrifty Thursday - The Five Gift Rule (2024)

Some years your kids want everything for Christmas. Other years they don’t seem to really want anything at all. Both are hard situations to navigate. And regardless of which it is, we all seem to go overboard anyway.

Every Christmas, the kids faced a disorganized mountain of presents from us and from extended family.

All of which resulted in overwhelmed kids, frustrated parents, a mess, ridiculous waste and a huge credit card debt.

The Four Gift Solution

Thrifty Thursday - The Five Gift Rule (1)

Limit gift-giving to four gifts, where each gift fulfills a specific gift parameter. These parameters are:

1. Something they want

2. Something they need

4. Something to read

WANT: This is a “big item” - the thing your child really wants.

NEED: This allows us to give our kids something they need that might relate to their learning or new life stage (starting school or kinder for example) without it being unexpected or a big deal. For example, a new lunchbox, sunglasses or something for their room.

WEAR: This is when we can take into account each kids’ unique sense of style and any sensory issues too. It may take a little more effort to find a soft, quality kids garment these days but it’s worth it! And if you take the time to pick something that is uniquely them (not the same as everyone), you can guarantee they’ll wear it until it falls off.

READ: One of my favorites. This gives us a chance to choose titles and books that speak to their interests and reading level. We can think outside the box and not worry about making sure they’re getting traditional reading materials. What about some classic literature, something inspirational, a cookbook or something really fun?

The Benefits of the Four Gift Rule

Want, Need, Wear, Read has meant less chaos, clearer expectations and less disappointment for our family. And even with fewer gifts, both kids are now happier because they are not over-stimulated with toys everywhere – they can focus, engage, learn and really enjoy.

The Four Gift Rule has also allowed us to teach thankfulness. So many times, children get wrapped up in the gifts, and even though they know true meaning of Christmas, it’s still all about Santa for them - it’s all about those presents under the tree. It teaches them to be thankful for the few presents that they receive, rather than simply expecting loads – and this hopefully will make them better human beings.

Plus you can donate the same number of toys that the kids receive – only giving away four is MUCH easier.

Enter the 5 Gift Rule.

What Is It?

In the 5 Gift Rule, the first four gifts are the same - something they want, something they need, something to wear and something to read.

But the 5th? The 5th is the real winner. It’s something they need or want but don’t really know it. It’s that X-Factor gift that just blows them away - that surprises them entirely and fills a void so perfectly that you get tears of joy.

This is the gift that gives us the chance to really listen to our kids, watch them live and understand their passions. Instead of buying the hot toy of the season, we try to find out what makes them truly happy. We give them something they’ll really enjoy and use.

And this is the gift that is from us.

Why is it so special?

Because you need to listen - and listening to your kids means really connecting with them and that is a gift you simply cannot put a price on.

Plus, coming up with this gift, wrapping it, feeling the anticipation, and then seeing their faces as they open it is where you will feel the true joy of Christmas again.

Thrifty Thursday - The Five Gift Rule (2)

Try It – You’ll Love It

The 5 Gift Rule makes shopping easy because 4 are no brainers and the 5th is where you feel that magical feeling of doing something amazing for someone - and it will be amazing because you were able to put 90% of your effort into it instead of spreading the 100% across a bunch of stuff no one wants or needs.

#naturalhomebrands #5giftrule #thriftythursday #christmasjoy

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Thrifty Thursday - The Five Gift Rule (2024)

FAQs

What is the 5 gift giving rule? ›

What is the five gift rule? In the five gift rule, the first four gifts are pretty straightforward - something they want, something they need, something to wear and something to read. Then, the last gift is where you can really have fun. The fifth gift is something they didn't know they wanted.

What are the 5 things gift exchange? ›

Want to simplify your Christmas traditions? Follow the 5 gift rule for kids. Something you want, need, wear, read, and someplace to be.

How much money to give a 12 year old for Christmas? ›

Based on the survey, it seems $200 is a good ballpark amount to spend on your 12-year-old this Christmas as it falls in line with the spending habits of most Americans.

What is the rule of 7 gifts? ›

Want to know more about the 7 gifts rule? It's where you stick to a budget and buy your loved one (or yourself – no judgement here) a set number of gifts. Each present falls into a different category, and by the 24th; you'll have 7 gifts for them to unwrap.

What is the gift rule? ›

Senate Rule 35 (the Gifts Rule) is a rule of prohibition. Specifically, Senate Rule 35.1(a)(1) states that no Member, officer, or employee shall knowingly accept a gift except as provided by the rule. There are over 20 exceptions provided by the rule.

What are the 4 rules of gifts? ›

The 4 gift rule is very simple: you get each of your children something they want, something they need, something to wear, and something to read. Depending on your kid's age, you might ask for their input on some or all of these gifts, or you might choose them all yourself.

What is the 5 sent gift? ›

A five senses gift is all about showing your loved ones how much you think about them — their desires, their needs, their preferences. Choose a little something to appeal to each of their five senses and put it together for a juicier gift than the typical bouquet or chocolates.

What are the five gifts of life? ›

As humans, we have been given the gifts of life that are greater than any other living being. And we all have these powerful gifts within us: our energy, our caring, our drive, our generosity and our love.

How much does the average parent spend per child on Christmas? ›

According to a November 2022 study, most parents are budgeting $220 for each child—with the highest budgets for 7 to 12-year-olds, though 28% of those surveyed are trying to keep it below $100.

How many presents does an average child get at Christmas? ›

There is no magic number but the general consensus seems to be between three gifts potentially up to around five. There will be many factors that contribute to this decisions; how many children you have, presents other family members may buy, how old your children are and, of course, budget.

How much should grandparents spend on Christmas? ›

Make a list of your grandkids and split the money evenly between each kid. This is a great way to figure out how much to spend if you don't want to overthink it or you want to be totally fair. For example, if you've got $1000 for 8 grandkids, that works out to around $125 each.

What is the five gift rule? ›

Your gift-giving life hack for the festive season...

So, you may know the “5 Gift Rule” gift rule of getting something they want, something they need, something to wear, and something to read and something to do or experience – a great rule to follow when you don't want to be wasteful!

What is the 10 gift rule? ›

10 gift rule for Christmas

These include something to give others, something to do for others, a toy to play with the family, something to make, and footwear. The ten-gift rule is perfect if you only have one child to shop for as these can be smaller gifts with a wide variety of different presents.

What is the gift rule of 3? ›

What is the three-gift Christmas rule? It's originally based on the nativity story—and the idea that Jesus received three gifts from the Wise Men on December 25—but modern moms are using it as a way to save money, reduce holiday stress and encourage their kids to be more thoughtful with their Christmas gift asks.

What are the current gifting rules? ›

Annual gift tax exclusion

The gift tax limit is $17,000 in 2023 and $18,000 in 2024. Note that this annual exclusion is per gift recipient.

What are the three obligations of gift giving? ›

He concluded that the success of these exchange rituals was due in large part to the participants' ability to fulfill three obligations: the obligation to give, the obligation to receive, and the obligation to repay.

What is gift giving protocol? ›

If you are presented with the gift in person, smile and thank the gift giver. If you receive a gift by mail, call the gift giver as soon as you can to alert them that the gift has arrived. You should also send hand-written thank-you notes whenever possible.

What is the common law rule of gifts? ›

Three elements must be met for a gift to be legally valid: Intent to give (the donor's intent to make a gift to the recipient), delivery of the gift to the recipient, and acceptance of the gift.

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