I have a love/hate relationship with gift cards. This is due to the fact that there are two sides of the Mrs. It's time you knew. I'm an New York/Southerner.I was born in Raleigh, North Carolina and lived there are few years, and have family there, but I spent most of my life growing up in and around New York. I think it has resulted in a somewhat strange outlook on life.
For example:
I live for monograms, children dressed in smocked clothing, china, silver, spending time with family, scrap booking, thank you notes, real paper invitations and the country.
BUT...
I love the city, I'm a foodie, love the fast paced life and quick wit of New Yorkers, and am a Type A doer. I like to drive fast, get it done, and can be pushy.You can see how this personality might hate a gift card.
"How impersonal? How thoughtless? How tacky!!!"Or...
Might love one.
"How easy! How perfect a solution? Done!"I had always heard that gift cards were not a good idea to give people because financially it did not make sense. Then I saw this article below. Oh Boy. I think it's just going to be a hate relationship...
"
Five reasons to avoid gift cards this holiday season * by Laura Rowley
If you're thinking about giving gift cards for the holidays, it may be worthwhile to look at the findings of a recent poll by Consumer Reports on holiday shopping. A couple of facts jumped off the page:
1)
Most people don't want them: While 46 percent of people plan on buying gift cards, only 15 percent said they want to receive them as gifts.
2)
A quarter of people haven't used the ones they got last December: During the 2008 holidays, about half of adults received a gift card, but one in four hadn't redeemed at least one of the cards as of last month.
3)
They encourage overspending: Sixty-five percent of adults who received a gift card in 2008 typically spend more than the value of the card, up from 58 percent in 2007.
4) Store-specific cards may
limit gift choices: Forty-one percent of those who have unused gift cards from last year said that they hadn't found anything they wanted to buy.
5)
Many cards carry fees: Consumers may have to pay an upfront fee to purchase a card, but there are also monthly "inactivity" fees that can slash the value of the card if the recipient doesn't use it within a specific time frame."
What do you think? Do you give gift cards?