Gift Cards: A Win-Win for Giver and Recipient
Gift card purchases are expected to top $28 billion this year.
This holiday, gift cards will be one of the most wished-for and most oft-gifted gifts, according to the National Retail Federation, which calls gift-cards "a win-win gift for givers and receivers." They're simple, they're highly portable, easy to buy, easy to wrap, easy to spend. Gift cards are flexible enough to fit into any budget, and your recipient will probably be happier with a gift card than an ugly Christmas sweater or a fruitcake. The gift card allows them to buy something they really want. More than 80 percent of shoppers will buy at least one gift card this season, and they'll spend an average of $156.86 on gift cards. Total spending on gift cards is expected to reach $28.79 billion, the NRF reports. With gift-card giving, as …
