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The Big Story
Is it okay to skip the presents this holiday season?
Dec 8, 2024
Lisa Hannam, Editor in Chief at MoneySense.ca, dives into holiday spending amid economic challenges. She discusses 'giftflation' and offers tips for thoughtful gifting that fosters relationships without breaking the bank. The conversation includes ways to shift from material gifts to meaningful experiences, emphasizing the joy of family connections over financial pressure. Lisa provides advice on navigating tough conversations about skipping gifts this year, encouraging honest communication about financial priorities.
10:38
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Quick takeaways
- The pressures of holiday spending amidst inflation are prompting Canadians to rethink traditional gift-giving practices for a more meaningful celebration.
- Communicating openly about skipping gifts can enhance relationships and encourage the creation of new, experience-focused traditions that prioritize connection.
Deep dives
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