Recent Family News
Celebrating Father's Day on a budgetFather's Day is right around the corner and kids of all ages are working hard finding the perfect gifts for all of the dads in their lives.
A new survey conducted by the National Retail Federation (NRF) reveals that the average person plans to spend more than ever on their dads this Father's Day. The NRF reports that gift-givers will spend an average of $117.14 on gifts for dear old dad - a figure that's up 10 percent over last year and the highest amount in eight years.
But, as always, those on a budget shouldn't fret.
"It should come as no surprise that dads are considerably more laid back when it comes to their special day, opting most times to simply spend quality time with loved ones at a restaurant or at home in the backyard," said BIGinsight Consumer Insights director Pam Goodfellow.
Most dads will admit they don't want or need another tie, mug, t-shirt or other regular gift. The ones they truly appreciate are handmade by their kids - pictures, cards and poems as well as promises to help with household chores or to play a game together.
A great, budget-friendly idea is to interview your young children about their dad's favorite things and why they have the best dad ever. Transcribe their responses and wrap it up for a nice presentation.
Budget-conscious dads will also be relieved to know that their families aren't spending a lot of money on them.
Those who want to adopt a more frugal lifestyle all year long should consider shopping for gently used kids toys, clothes, furniture, books and games.