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!