Gift-giving turns Christmas to such a happy occasion, but it can also make your wallet cry for mercy! Here are some tips to avoid overspending on gifts this Christmas.

1.      First and foremost, plan ahead. Make a list of the people you want to give gifts to. Then assign how much money you intend to spend for each person. If the total amount is too much for you, review the list and adjust accordingly.

2.      Assign a specific gift for each person on your list. Then hunt for the particular items instead of wandering around malls. Remember, it’s sale season, so you might be tempted to overbuy.

3.      Instead of buying gifts for everyone in your workplace, go for “bunutan” or “secret Santa”. At home, meanwhile, have your relatives agree that only young children will receive gifts. 

4.      Great gifts don’t always have to come from stores. Give away personalized coupons (“I will do the dishes for you tonight!”), a poem, a song or an artwork.  

Always remember that this season is not about the gifts but the spirit of giving. As they say, it’s the thought that counts!