Gift Giving Guide for the Student in Your Life College Life

Our 2017 Gift Giving Guide for the Student in Your Life

Did you know, the average American plans to spend over $700 on presents? It’s true, and that number is even higher for a standard family of 4. It’s our job to encourage frugal spending habits, so before you make your list and check it twice, here’s our take on Christmas gifting.

Go in with a game plan.

Everything your kid brings to college “must fit in a space slightly larger than a Mini Cooper” according to Harry H. Harrison, Jr., a New York Times best-selling author. With that in mind, your strategy should be finding gifts that are both practical and affordable. Many families follow the rule, “something they want, something they need, something to wear and something to read.” This means, each child gets a total of 4 gifts, one in each category. The cost of each depends on your budget and how much you’d like to spend. Here’s how it works.

Something they want.

You probably know your kid’s hobbies and interests, but it doesn’t hurt to have them weigh in. Some trendy student gifts include:

  • Experiences. Students love going to concerts, comedians and sporting events, but the college budget doesn’t always allow.
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