Gifts That Inspire Great Money Habits

Buying gifts for everyone on our list has become overwhelming for me! One thing that would help me is if I started earlier (mental note for 2019). However, that isn’t my only issue. I want to buy gifts for the people on my list that have meaning, are helpful, creative or inspiring. That got me thinking about what types of gifts I could buy to inspire great money habits…especially for the students and kids in my life. Once I got to thinking about my options, I discovered that I had more than a few good ideas.

Gifts That Inspire Great Money Habits

For The Elementary School Students In My Life:

• Contribution to savings account or savings bond
• A bank of some sort or a special place to keep money organized
• Gift card good toward something they are saving for
• Games that center around money management such as Monopoly or Life
• Set up a college savings plan and make the first transfer

For The High School Students In My Life:

• A budget or planner with financial components to begin using
• Tickets to a concert or an experience as opposed to clothing or something that would become obsolete
• A special date where we go to lunch or do something special, but also attend an event or seminar

For The College Students In My Life:

• Gift card designated for travel
• Financial Peace University or similar financial course
• Books about investing

Seem Boring To You?

At first, these types of gifts may seem boring. However, when they are gifted in a fun and meaningful way it can make quite an impact. Sweaters, candles and toys may garner more praise in the moment, but helping to set someone up for financial success is a meaningful gift that will be adored for the long haul. If you feel books or seminars are way too off course, just focus on savings, experiences and spending wisely. Give gifts that fit those values and you can have some fun and make a difference at the same time!