Smart SpendingSmart Spending

A fail-safe method for re-gifting

More than half of all Americans re-gift. The other half? Probably afraid of getting caught.

By Stacy Johnson Dec 23, 2010 12:54PM

This post comes from Michael Kortezky at partner site Money Talks News.

 

Ask most people what their holiday nightmare is, and you'll probably hear something like this: "I don't want anyone to catch me re-gifting."

Nothing is more embarrassing than being caught trying to pass off an old gift you got as a new gift you're giving. Yet studies show that more than half of all Americans re-gift -- at least the ones who admit it to researchers.

 

A 2009 study by Patron Spirits (best known for its tequila) was shocking enough to drive a gifting purist to drink: It found that "68% of people claim they've re-gifted, or considered re-gifting, a holiday present." Not surprisingly, their re-gifting target was most often a fellow employee.

 

Not content with letting a liquor company corner the research, academics at the University of Canterbury in New Zealand would love you to take this confidential online survey that covers re-gifting. It gets at the psychology of re-gifting, but we won't say more, lest we ruin it for you.

 

As for the deep-seated fear of getting caught, there's a website called Regiftable.com, where you can share your re-gifting horror stories -- whether you were on the receiving or delivering end. In fact, Regiftable declared Dec. 16 as National Regifting Day.

 

But if you're intent on re-gifting -- whether to get rid of a present you don't want or to feel like you're being frugal by not throwing it out -- you need to do it right. Sadly, much of the advice you'll find by searching "re-gifting" is so basic it's nothing more than common sense.

 

For example, Regiftable suggests:

  • "Never give partially used gift cards."
  • "Signed books and monogrammed items are off-limits."
  • "Be sure you know who gave you the item, so you don't return something to the original giver."

Well, duh. If you want to get away with re-gifting, you need to go to someone who does it so well that no one knows about his seedy past. Like me. Yes, I'm admitting for the first time ever, I'm a serial re-gifter. And no one's ever found out.

 

Warning: My hardcore counsel on this topic runs counter to much of what you'll read online. Here's what one website says not to do when it comes to re-gifting:

Certain items are a total, dead, instant giveaway that you not only are re-gifting, but you're also too lame to put any effort into it: candles, soap, random books, mysterious CDs (unless your brother wants the hip-hop version of "Man of La Mancha"), obscure software, cheesy jewelry, scarves (do we not all own a scarf?), fruitcake, pens, cologne ....

This would be sound advice, except I get away with it  because I give all this stuff in one box.

 

How thoughtful!

I once famously packaged together a bunch of gifts I never opened: scented candles (why do women give guys scented candles?), a cookbook (I don't cook), a CD of romantic standards covered by a singer I never heard of, and a bottle of cologne I never opened (I don't wear cologne). I gave it to a female co-worker who was returning to the dating world after her divorce. She loved it.

 

To make this work, you have to be savvy on the front end:

  • Unlike most guys, I never rip open a gift. I'm praised as being patient and thoughtful, but really, I don't want to damage an item I could re-gift later.
  • Once I spy something I know I won't use, I resist the cries of "Open it!" by replying, "This is so cool! I want to take my time with this one! When we're all done opening everything else, I'm going to spend some time with it!" Invariably, no one remembers that.
  • In the closet in the spare room, I keep assorted minor gifts I know I can package together later. These include CDs, poetry books, T-shirts, and jewelry -- because I also collect unwanted gifts from female friends who are too afraid of re-gifting themselves and just want the stuff out of the house, lest the giver ever come over and find it unused. That seems an irrational fear, but hey, it gets me free gifts.

Before I assemble my re-gifting care package, I study my target. What's going on in their life? Are they bragging about their upcoming trip to Cancun? Those wrap-around sunglasses that aren't my style would go well with that extra bottle of sunscreen I bought when I didn't realize I already had two in the bathroom cabinet. Add in the "Life's a Beach" T-shirt I got as a stocking stuffer and that sombrero I got as a gag gift, throw in a funny card, and I can cross that casual acquaintance off my list.

 

So collect your unwanted gifts, then mix and match them for specific people. You'll actually be praised for your thoughtfulness. If I had a soul, I might even feel guilty about this.

 

More from Money Talks News and MSN Money:

2Comments
Dec 25, 2010 7:00PM
avatar
I have absolutely no problems with re-gifting. If I am not going to use a gift, then I will re-gift, why not? Or I donate to Goodwill, much better than throwing away.  I think much of this comes from the almost compulsory act of gift giving during the holidays, I would be just as happy if my workplace would just have a nice potluck instead, and how about instead of swapping presents with distant relatives and acquaintances we agree to give to needy children in their names?  I think this would cut down on a lot of useless, unwanted gifts that end up being re-gifted (and I hate gag gifts- don't get me started). Yep, My work had a tree for needy children and we gave gifts for them, it was so nice to know kids will get presents. 
Dec 23, 2010 3:46PM
avatar
Regifting gone bad...my 9 year old daughter received a set of Winnie the Pooh books (what?) and the giver overhearing me quietly complain about it to my daughter (oops, she wasn't supposed to hear).  Well, good - whether it was a regift or just plain laziness on her part, I hope she was embarrassed about giving this gift to a 9 year old who is now reading chapter books with no pictures thank you very much.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

ABOUT SMART SPENDING

Smart Spending brings you the best money-saving tips from MSN Money and the rest of the Web. Join the conversation on Facebook and follow us on Twitter.

VIDEO ON MSN MONEY

TOOLS

More