Celebrate National Regifting Day by Hosting a Regifting Office Party

Dec 18, 2013, 17:30 ET from Money Management International

SUGAR LAND, Texas, Dec. 18, 2013 /PRNewswire-USNewswire/ -- In honor of National Regifting Day, the third Thursday in December, and the day most common for a holiday office party, we encourage party hosts and gift-givers to spice things up a bit by turning the usual gift exchange event into a regifting party. In case you are hesitant to break tradition, you can rest assured that the majority (60%) of people thinks regifting is becoming more accepted.  And, according to our unscientific research, regifting is a fun and creative way to save some green.

Throwing a regifting party is easy.  Similar to a White Elephant Gift Exchange or Yankee Swap, your guests will bring and leave with one gift each. The difference is that this party is paradise for regifters—no first time gifts are allowed.

  • 25 percent believe that regifting is becoming more accepted because it is a way to save on holiday expenses.
  • 14 percent believe that regifting is becoming more accepted because it is a method of recycling.

Here's how to play:

  1. Each guest brings one wrapped regift.
  2. Next, all guests draw a number.
  3. The regifter with the lowest number chooses a wrapped regift and opens it for everyone to see.
  4. Here's where things get interesting. The person with the next lowest number can either take the opened regift or select a "new" wrapped regift. If they choose a "new" regift, they must open it for all to see.
  5. This trend goes on for some time (depending on how many guests you have). Each subsequent person is allowed to either unwrap a "new" regift or take any of the regifts already opened.
  6. If a regift is taken from someone, that person gets to immediately choose another "new" gift to open or they can get revenge by stealing someone else's gift.
  7. When all the regifts have been opened, the person with the lowest number gets to trade with anyone or keep the regularly rejected regift they ended up with. It's only fair.
  8. Finally, you accept much praise and admiration for hosting such a unique, fun, budget-friendly party.

On the off chance that you don't love what you end up with, you can always regift to charity. For regifting best practices, visit Community.MoneyManagement.org and read "The seven simple rules of regifting"

About Money Management International

Money Management International (MMI), the creators of Regiftable.com and NationalRegiftingDay.com, is a nonprofit, full-service credit-counseling agency, providing confidential financial guidance, financial education, counseling and debt management assistance to consumers since 1958. Counseling is available by appointment in branch offices and 24/7 by telephone and Internet. To learn more, visit MoneyManagement.org or call 866.400.6652.

Tanisha Warner
Media Relations

SOURCE Money Management International