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christmas Nov 23, 2022

The 5 Gift Rule for Christmas Shopping

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The 5 Gift Rule for Christmas Shopping

As a mother, one of the most stressful parts of Christmas is figuring out what to get your kids. You want to get them something they'll love, but you don't want to break the bank. That's where the 5 gift rule comes in. This rule is a simple way to shop for your love once (while staying within your budget) without skimping on the joy of giving.

Canada is a country where people love to shop on Black Friday and Cyber Monday. A recent survey found that one-third of consumers in Canada plan to take advantage these deals so the urge to spend just to get in on a deal can be a problem when you have a budget. The holidays are also a time when many people need to take out Christmas loans in order to afford gifts for their loved ones.

Read about the 5 rules of gift giving to learn how you can stay on budget and make everyone happy this holiday season.

Statistic: Share of consumers planning to shop on Black Friday, Cyber Monday, and Boxing Day in Canada in 2020 and 2022 | Statista
Find more statistics at Statista

What is the 5 Gift Rule and how does it work?

The 5 gift rule is simple. Each of your loved once gets 5 gifts for Christmas. 1 gift to wear, 1 gift to read, 1 gift to play with, 1 gift you want, and 1 gift to give. This method takes the guesswork out of shopping and helps you stay within your budget.

Not only that, but it ensures that each person gets a mix of items that will keep them entertained throughout the holiday season.  Here's 5 gift rule ideas:

  1. The Wear Gift: There's nothing like a new outfit to help lift your spirits. Whether you're putting on a fresh pair of jeans for a casual outing or slipping into a beautiful dress for a special occasion, there's no denying the power of a great outfit. With the wear gift, you can give your loved ones the gift of style. Whether they're in need of some new clothes for work or they're looking to add a splash of colour to their wardrobe, the wear gift is sure to please.

    Plus, with so many stylish options to choose from, you're sure to find the perfect piece for everyone on your list. So go ahead, give the gift of fashion this year with the wear gift.
  2. The Gift to Play with: Receiving gifts is one of the joys of childhood. There are few gifts more rewarding than those that allow children to explore their imaginations. Toys that encourage creativity and open-ended play are some of the best choices for little ones, as they provide hours of enjoyment. There is another benefit to these types of toys, they help to promote cognitive development. Some great examples include building blocks, sets of paints, brushes, as well as simple toys like puppets.

    Not only will these gifts bring happiness to the recipients, but they will also help them to develop important skills that will benefit them throughout their lives.
  3. The Read Gift: If you're looking for a gift that will encourage your child to read, look no further than a book. Books are a great way to introduce kids to new worlds ideas, and they can be enjoyed by kids of all ages. Plus, they don't take up a lot of space, so they're perfect for families with limited storage.

    When choosing a book for your child, look for one that will capture their interest and imagination. If you're not sure which book to choose, ask your local librarian for recommendations. With so many great books out there, you're sure to find the perfect one for your little reader.
  4. The Gift they want: One of the best things about the 5 rules of gift giving is that it allows you to give your loved ones the gifts they really want. There's no gift more desired than the one that lets recipients indulge in their passions. Whether they're passionate about cars, animals, or cooking, there's a gift out there that will let them express their interests.

    For example, the car enthusiast, there are plenty of options available, from die-cast models to sleek new car accessories. Animal lovers will appreciate gifts that let them pamper their pets, such as luxury pet beds or gourmet pet food. For those who love to cook, gourmet kitchen supplies or membership to a cooking club can be the perfect present.

    By giving gifts that cater to their interests, you can be sure that your loved ones will be truly thrilled with what you've given them.
  5. The One Gift to Give: The best gifts are the ones that people didn't know they needed or wanted. It's the gift that solves a problem they didn't even know they had. For example, a friend of mine once gave me a small keychain flashlight. At first I thought it was a strange gift, but then I realized how useful it was. I could easily find my keys in the dark. I also felt safer at night knowing I had a light with me. Now I always make sure to give keychain flashlights to the people on my gift list. They may not know they need one, but trust me, they'll be grateful to have it.

    No matter what gift you give, the most important thing is that it comes from the heart. With a little thought, you can find the perfect present for everyone on your list. So go ahead, get shopping and make this holiday season even more special with the perfect gift.

Benefits of the 5 Gift Rule

The holidays are a wonderful time of year, but they can also be a little stressful. One of the main sources of stress is often finding the perfect present for each person on your list. However, there is a simple solution that can take the stress out of holiday shopping: the 5 gift Christmas rule.

If you're looking for a way to simplify your holiday shopping, the 5 gift rule may be just what you need. Under this method, you focus on finding five presents for each child that will bring them joy. This can take the pressure off of you as the shopper. It can also help you focus on finding gifts that are truly special. In addition, this method encourages you to focus on quality over quantity.

So if you're looking for a simpler way to approach holiday shopping, consider giving the 5 gift rule a try. You may be surprised at how much joy it brings to both you as well as your children.

At this time of year, it can be all too easy to get caught up in the spirit of giving and end up with a house full of stuff that you don't really need. While it's important to show your loved ones how much you care, it's also important to limit the amount of stuff that comes into your home. Too much stuff can be overwhelming which can lead to a lot of clutter. It's easier to keep your home organized when you have less stuff to deal with.

So this holiday season, try to limit the amount of Christmas gifts that you give. You may be surprised at how liberating it feels.

Another benefit of the 5 gift rule ideas is that it saves you money and stay within your budget. When you have a set number of gifts to buy, it is easier to stick to your budget by resisting the urge to buy unnecessary items.

A recent survey found that 41% of Canadians plan on spending less this holiday season because they are struggling with debt, which was up from 36% last year.  There are times where we all need to borrow money, however, by sticking to the 5 gift rule, you can avoid overspending while making sure your kids still have a great holiday.

During the holiday season expenses seem to pile up, and it's not always easy to get the money you need in a hurry.  This can put a lot of stress on our bank accounts, and make it difficult to afford the gifts that we want to give our loved ones.

It's hard enough trying to find the right gift, but having to worry about how you're going to pay for it is just an added stressor.

If you do find that you need to get a short-term loan, iCASH is the solution for you. You can get a loan up to $1,500 in minutes by simply downloading our app or going online. Loan applications are be processed in minutes, and we have a high approval rate. You can even get a loan with low credit scores and use the money for whatever you need, whether it's for the holidays or another purpose. You'll get flexible repayment terms so that you can find one that works for you. Apply now and get the money you need in time for the holidays.

The holidays are a time for family, friends, and of course, presents. If you're like many parents, you want to make sure your child has a fabulous Christmas morning, filled with gifts that they will love. However, it can be tricky to strike the right balance between too much or too little.

By limiting yourself to 5 gifts per child, you can ensure that each present is thoughtful and meaningful. Plus, your child will have a well-rounded haul under the tree. So go ahead and spread some holiday cheer - your children will be thrilled with their gifts.

If you’re looking for an easy way to shop for Christmas to make sure each of your loved ones gets something they will enjoy, the 5 gift Christmas rule is a great option. It’s simple, affordable, and ensures that everyone has a good time during the holiday season.

Have you tried this approach before? What tips do you have for making it work well?