Sure, the holidays are a time for family, friends, and fun. But let's be real: they're also a time for cold hard cash. Seriously though, between travel expenses, buying gifts for everyone on your list, and all of the other holiday-related costs, it's no wonder that so many people go into debt this time of year. So what's a cash-strapped millennial to do? Here are some recession-friendly gifting ideas that will still make them smile.

1. Personalized Jewellery
One great gift idea is personalized jewellery. This could be a photo necklace with a special message or an engraved bracelet. You can find personalized jewellery at many online stores or even some large retailers. The best part about this gift is that it doesn't have to cost a lot to be special. Just make sure that the message or photo you choose has meaning for the recipient.

2. Bespoke Gifts
Another great option for unique gifts is bespoke gifts. These are items that are made specifically for the person you are gifting them to. For example, you could have a mug custom-made with their name or a T-shirt with their favourite band on it. The sky is the limit when it comes to bespoke gifts, so let your imagination run wild! And like personalized jewellery, they don't have to cost a lot either.

3. Thoughtful Gifts
If you're stuck on what to get someone, sometimes the best option is just a thoughtful gift. This could be something like a nice card and box of chocolates or a cosy blanket. It's the thought that counts, after all! And your loved ones are sure to appreciate your thoughtfulness during these tough times.

4. Thrifted Gifts: One man's trash is another man's treasure! If you're on a tight budget this year, try browsing your local thrift store for unique and interesting gifts. You'd be surprised what hidden gems you can find second-hand. Just make sure to clean and maybe even refurbish any items before giving them to your loved ones.

5. DIY Gifts: If you're feeling crafty, why not try making your own gifts this year? There are tons of easy DIY tutorials online for everything from homemade candles to personalized mugs. And the best part is, your friends and family will appreciate the extra effort you put into their present!

There is no need to break the bank this holiday season! Creative thinking and personalisation are key when it comes to finding recession-proof gifts that will still wow your friends and family. So take some time to think outside the box and get creative with your Christmas shopping this year! Your wallet (and your loved ones) will thank you for it and they'll appreciate it now and long after the recession is over.

October 21, 2022 — Bob Parker