5. A communal dinner. This works best in a peer group of friends or co-workers, and can make financial sense for everyone involved. Rather than exchanging gifts you aren't sure people will want, plan a dinner where everyone is responsible for one aspect of the meal. Get together to prepare and eat that meal, and you'll find you've given each other something very valuable: each other's time.6. Baked goods -- with a twist. Baked goods are a time-honored and cost-effective gift. But rather than giving them at the holidays when everyone is already overloaded with food, consider a twist like making your own "cookie of the month club" through which you give small batches of treats throughout the year.
6 Holidays Gifts That Make Financial Sense
A final caution on gift cards
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.