A Frugal Gift Idea: Create a Gift Closet

There will always be birthday parties, holidays, retirements, baby showers, weddings, homecomings, and more. Are you finding out that buying gifts just isn't in your budget? Make room in your budget and read about frugal gift giving below.

I recently got this idea from a friend and started my own stash of gifts at home. She writes:

"A great way to save money and have gifts ready in a pinch is to have an at-home gift closet or area! My mother always had one when I was a child, we'd grab gifts for friends and family from the stash of great presents. Great for children's birthdays, thank-you's and any other sort of occasion. I keep it stocked with many items purchased on sale or clearance from discount to department stores. Great items such as candles, wine boxes/carriers, gift bags/tissues, greeting cards (dollar stores) and sale items after holidays. You can find great deals from Victoria's Secret Bath and Body section, Bed Bath and Beyond, Target, Michaels and more of your favorite stores! Whenever I have a party or event coming up, I just open up the closet and I always have something perfect for the occasion!"

Thanks, friend! I just may have my own gift to give you from my stash the next time I see you.

Do you have an area at home designated for gifts or other ideas for saving money on gifts? Let us know about it. Leave a comment!