Money Saving Tips for Graduation and Wedding Gifts This Summer

News provided by

GreenPath Debt Solutions

Jun 16, 2015, 12:17 ET

FARMINGTON HILLS, Mich., June 16, 2015 /PRNewswire-USNewswire/ -- June kicks off high school graduation parties and the summer wedding season. GreenPath counselor Kathryn Bossler has put together a few tips on giving gifts without breaking the bank.

Wedding gifts:

  1. Watch their registry on-line and wait for items to go on sale.
  2. If it is a family member, consider putting together a cookbook of family recipes or gifting a family heirloom, like a piece of jewelry.
  3. Make a keepsake box that the couple can use to store mementos from their special day.
  4. If the couple is going out of town, offer to watch their house or keep up their yard. 
  5. A gift basket with a few homemade treats, or a gift card to a special restaurant, adds a nice personal touch.

"Remember, when you are deciding how much you can afford to spend on a wedding gift, take into consideration the overall cost of the event," said Bossler. "Will you need a hotel room, airfare, or new clothes?"

We're also in high school graduation party season. "While money certainly is a one-size-fits-all idea, you can make your gift stand out and be memorable to the graduate," Bossler said.

Graduation gifts:

  1. If the graduate is headed to college, a t-shirt or sweatshirt from their new school will get much use.
  2. A tote bag filled with bathroom supplies for their dorm room.
  3. Pre-stamped and addressed envelopes and notepaper for them to send notes home.
  4. A meaningful book with an inscription of well wishes from family and friends. 
  5. A gift card to a restaurant, sub shop or pizza place in their new college town.

"Remember, thoughtful can be more impactful than expensive," remarked Bossler.

So, a little planning and foresight can have you showering family and friends with gifts, while keeping your summer budget in line.

About GreenPath

GreenPath Debt Solutions is a nationwide, non-profit financial counseling and education organization that assists consumers with credit card debt, housing debt, student loan debt and bankruptcy concerns. GreenPath operates more than 60 branch offices in 16 states and also delivers licensed services throughout the United States over the Internet and telephone. Log-on to www.greenpath.org or www.facebook.com/greenpathdebt.

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