THE CHEAPSKATES CLUB
  • Home
  • Join the Club!
  • About Us
    • Cath's Story
    • Ask Cath
    • Glossary of Cheapskating Terms
  • Forum
    • Current Forum Discussions
    • How to Use the Member Forum
  • Inspiration
    • Getting Started
    • Articles
    • Housekeeping Routines
    • Budget Renovations
    • Saving Stories
    • Learning Centre
  • Recipes
    • Recipe File Index
    • Meal Plans
    • Add a Recipe
    • $300 a Month Food Challenge >
      • $300 a Month Food Challenge
      • The $300 a Month Food Challenge Forum
  • Newsletters
    • Newsletters 2022
    • Newsletters 2021
    • Newsletters 2020
    • Newsletters 2019
    • Newsletters 2018
    • Newsletters 2017
  • Saving Money
    • Latest Tips 2022
    • Cheapskates Tip Store
    • Tip Sheets
    • Top Tip Competition
  • Contact
    • Changing Details
    • Help Files
Sentry Page Protection
Please Wait...

The Christmas Present Pool

​Approximate $ Savings: Up to $1,000.00 

I belong to a large family and for many years many of us were broke at Christmas buying presents for each other. About 10 years ago, we decided to change the system between us for Christmas, instead of buying each other a gift we agreed to put that money towards buying them a good birthday present. Each of us would then contribute $50.00 in a pool and Christmas presents would be bought only for children (18 or younger) and grandparents, since they were the groups that really enjoyed Christmas. Given we had 5 children in our pool of kids to buy for and 2 grandparents, we ended up having about $100-$150.00 to spend on each, so they received a good present, and when each child went out of the pool, the money went up to $200-$250.00 per child. This meant that each child received a really good present from everyone (instead of a lot of cheap rubbish), and each adult in the scheme received a good birthday present at the relevant time. A win-win for everyone, since Christmas presents cost no person more than $50.00 per year for everyone. 
Contributed by Debra
Back
Next

About

Getting Started

Tools & Guides

Follow Us

Cath's Story
You Really Can Live on One Income
Join the Club!
Site Information
Contact
Begin here
Newsletter Archive
Journal Archive
$300 a Month Food Challenge
Forum
Cheapskates Tip Store
Cheapskates Recipe File
Tip Sheets
Facebook
YouTube

Copyright ©2001 - 2022 THE CHEAPSKATES CLUB, All Rights Reserved
  • Home
  • Join the Club!
  • About Us
    • Cath's Story
    • Ask Cath
    • Glossary of Cheapskating Terms
  • Forum
    • Current Forum Discussions
    • How to Use the Member Forum
  • Inspiration
    • Getting Started
    • Articles
    • Housekeeping Routines
    • Budget Renovations
    • Saving Stories
    • Learning Centre
  • Recipes
    • Recipe File Index
    • Meal Plans
    • Add a Recipe
    • $300 a Month Food Challenge >
      • $300 a Month Food Challenge
      • The $300 a Month Food Challenge Forum
  • Newsletters
    • Newsletters 2022
    • Newsletters 2021
    • Newsletters 2020
    • Newsletters 2019
    • Newsletters 2018
    • Newsletters 2017
  • Saving Money
    • Latest Tips 2022
    • Cheapskates Tip Store
    • Tip Sheets
    • Top Tip Competition
  • Contact
    • Changing Details
    • Help Files