All this giving can really eat into your bank balance, so a great way to not blow the budget is to regift the presents you don’t need or want. But how do you make sure Auntie Margaret never finds out you regifted the vase she gave you? By committing to memory the rules of regifting.

Be sharp eyed

The first rule of regifting, remove the evidence! Make sure you discard any old cards, tags, wrapping paper or sticky tape that clearly marks the item as a regift. 

Always, always use a different social circle

There are few things more embarrassing (and hurtful) than regifting that unique picture frame and then realising you have thoughtlessly given it back to the person who gave it to you. Successful regifting can be complex—it involves an excellent memory and a keen awareness of the web that links all of your connections. 

Will anyone notice it’s gone?

Everyone has a friend like Dave. He bought you a coffee machine for your wedding, and without fail asks for a cappuccino whenever he visits. Save yourself the humiliation, even if you don’t drink coffee, and keep Dave’s gift in the kitchen in full view—forever. 

Don’t lose your sentimentality

It goes without saying that if someone went to the effort to make you a gift by hand it should be treasured rather than given away. 

Be thoughtful 

Regifting can feel great when you pass on something you don’t need to someone who does. You might like the day spa voucher you received for employee of the month, but Elaine who needs to relax after a bad break up is going to love it. 

Regift food asap so it doesn’t go out of date

You can’t regift the orange cake Grandma Mavis gave you for your birthday, but those fancy chocolate truffles or the macadamia nuts are fair game. And remember, liqueur chocolates are the gift that keeps on regifting so think carefully before purchasing or passing them on the next unwilling recipient. 

Spend your savings on something more important

Think about putting your regifting savings to good use. By making a post-tax contribution you could also be eligible for a Government co-contribution.  Find out more on post-tax contributions or call us for a chat on 1300 033 166.