Please Skip the Gift Cards for Christmas | Your Smart Money Moves

Published on Dec 14, 2012

I haven’t done any of my holiday shopping at this point, but I’m going to declare a new theory of relative proportion at Your Smart Money Moves today. SEE POST HERE – http://bit.ly/QYDK7m My theory is that the amount of gift cards you buy from stores increases with direction proportion to the number of days you are away from Christmas Day. Let me explain. If you are truly a good planner, some of you have been shopping for gifts during the course of the entire year. You may have used the game plan of going shopping on Black Friday or Cyber Monday with a complete naughty and nice list of what presents you were going to get for each person in your family. There’s a group of you that either this week or the next will lug yourself to the indoor and outdoor malls to pick up all the holiday presents. As each day looms closer to the actual day or Christmas, it creeps up slowly on you that you really don’t have any gift ideas or any notion whatsoever for that matter what the loved ones in your life want for Christmas. So the closer the day of Christmas approaches, the easier it becomes to say to yourself, “I don’t know what they would really want (and I don’t want to pick out the wrong gift), so instead I’ll just get them a gift card and they’ll love it!”

 

About the author  ⁄ Ted Jenkin @ Your Smart Money Moves

Ted Jenkin @ Your Smart Money Moves

Hey!

My friends and family all think I’m a workaholic, but I say I’m just a guy that loves to help people do better in life.

My mother is still the only one that calls me by my real name Theodore Michael, my wife calls me Teddy, but for the rest of you it is just plain old Ted.

Ever since I was a little kid, I always loved money and being an entrepreneur. In fact, I still have cassette tapes of me talking to my grandmother at the age of five and my mother tells me all the time how much I played with money as a kid...

Read More About Ted Here

Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

Background and qualification information is available at FINRA's BrokerCheck website.

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