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Description

Lizzy and Lissa break down the hidden costs – financial and otherwise – of birthday gifts. From the financial strain of gift-giving expectations to the emotional and social pressures that come with it, they break down how birthdays can impact your wallet and your well-being. Should you splurge, stick to a budget, or opt-out altogether?

 

Main Topics

00:00 Introduction

01:14 Running The Numbers Segment

02:39 The Emotional Impact of Gift Giving

06:00 Gift Giving in Relationships

11:06 Balancing Budget and Thoughtfulness

22:46 Budgeting for Gifts

23:54 How Much to Spend on People

24:27 Are Gift Cards Lazy?

34:17 Family Dynamics of Giving Gifts

41:03 20 Cents Segment

 

References for Statistics

https://blog.snappy.com/posts/employee-birthday-celebrations-and-gifting-higher-morale-and-increased-retention

https://capitaloneshopping.com/research/gift-card-statistics/

Co-Hosts

Lizzy is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok

Lissa is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram |TikTok | LinkedIn

Credits

► Produced by Lizzy Marie and Lissa Lumutenga

► Artwork by Lizzy Marie

► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”

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Disclaimer

This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.

Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!