1 00:00:03,440 --> 00:00:06,720 Speaker 1: Welcome to Before Breakfast, a production of I Heart Radio. 2 00:00:09,240 --> 00:00:14,640 Speaker 1: Good Morning, This is Laura. Welcome to the Before Breakfast podcast. 3 00:00:15,440 --> 00:00:19,000 Speaker 1: Today's tip is about how to give people cash in 4 00:00:19,040 --> 00:00:23,200 Speaker 1: a way that feels a little more fun. When my 5 00:00:23,320 --> 00:00:27,760 Speaker 1: older kids became preteens, they started getting a lot more 6 00:00:27,800 --> 00:00:32,200 Speaker 1: money and a lot fewer toys for birthdays and Christmas. 7 00:00:33,200 --> 00:00:36,159 Speaker 1: It makes sense. It's hard to know what to get 8 00:00:36,200 --> 00:00:40,440 Speaker 1: an adolescent, and as for adults, well, lots of people 9 00:00:40,520 --> 00:00:46,960 Speaker 1: don't need more stuff. Everyone can use money. That said, 10 00:00:47,640 --> 00:00:51,200 Speaker 1: money can feel a little less fun than a present 11 00:00:51,320 --> 00:00:55,280 Speaker 1: selected specifically for you and wrapped up with a big bow. 12 00:00:56,520 --> 00:00:59,160 Speaker 1: So if you're thinking of giving cash to people for 13 00:00:59,200 --> 00:01:03,280 Speaker 1: birthdays or holidays, here are a few ways for dressing 14 00:01:03,360 --> 00:01:06,040 Speaker 1: up that cash gift so it is a bit more 15 00:01:06,120 --> 00:01:11,679 Speaker 1: exciting and personal. First, see if the cash can translate 16 00:01:11,800 --> 00:01:16,320 Speaker 1: directly into giving an experience. We know that spending money 17 00:01:16,319 --> 00:01:19,920 Speaker 1: on experiences gives us more lasting happiness than spending money 18 00:01:19,959 --> 00:01:23,080 Speaker 1: on things. We get used to the things pretty quickly, 19 00:01:23,120 --> 00:01:25,720 Speaker 1: but we get to look forward to the experiences and 20 00:01:25,760 --> 00:01:30,000 Speaker 1: then savor and share the memories. So instead of giving 21 00:01:30,240 --> 00:01:36,160 Speaker 1: cash as gifts, give cash that produces an experience for example, 22 00:01:36,200 --> 00:01:38,240 Speaker 1: a gift card to a restaurant that you know the 23 00:01:38,280 --> 00:01:41,840 Speaker 1: recipient has been wanting to try, or movie theater. Gift 24 00:01:41,840 --> 00:01:45,680 Speaker 1: cards are all ways of nudging the person into an experience. 25 00:01:46,520 --> 00:01:48,760 Speaker 1: If you're choosing a gift for someone who's staying close 26 00:01:48,760 --> 00:01:52,080 Speaker 1: to home for safety, consider a gift certificate for an 27 00:01:52,080 --> 00:01:55,000 Speaker 1: online course like those offered by Great Courses, or for 28 00:01:55,160 --> 00:01:58,960 Speaker 1: a wellness or fitness app like Headspace. Or you could 29 00:01:59,000 --> 00:02:02,720 Speaker 1: fund their streaming service of choice for a year. That's 30 00:02:02,720 --> 00:02:05,920 Speaker 1: a lot of drama and comedy and money that they 31 00:02:05,960 --> 00:02:10,560 Speaker 1: don't have to spend. You can also give specific recommendations 32 00:02:10,560 --> 00:02:13,680 Speaker 1: with a gift card to fund them. For example, if 33 00:02:13,680 --> 00:02:18,160 Speaker 1: your best friend always admires your beautifully wrapped packages, make 34 00:02:18,200 --> 00:02:20,919 Speaker 1: a how to booklet or video sharing your best gift 35 00:02:20,919 --> 00:02:24,200 Speaker 1: wrapping tips to gather with a gift card to hobby lobby, 36 00:02:24,280 --> 00:02:27,960 Speaker 1: paper source, or wherever you get your supplies. Give a 37 00:02:28,000 --> 00:02:32,440 Speaker 1: young relative a collection of your best recipes, including lots 38 00:02:32,440 --> 00:02:35,720 Speaker 1: of family favorites, plus a Whole Foods or Trader Joe's 39 00:02:35,720 --> 00:02:40,200 Speaker 1: gift card to buy groceries to make these recipes. Gifts 40 00:02:40,200 --> 00:02:44,480 Speaker 1: like these are relationship building as well as practical. You're 41 00:02:44,520 --> 00:02:47,720 Speaker 1: inviting someone you love into an experience that you love 42 00:02:48,520 --> 00:02:54,280 Speaker 1: and financing their participation. Another option for giving money better 43 00:02:54,360 --> 00:02:57,640 Speaker 1: is to give something the recipient would buy anyway, but 44 00:02:57,760 --> 00:03:02,040 Speaker 1: in a more special form than he'd buy himself. For instance, 45 00:03:02,080 --> 00:03:05,320 Speaker 1: everybody buys postage stamps at some point or another, but 46 00:03:05,400 --> 00:03:08,680 Speaker 1: you can give thoughtfully chosen stamps with an image that's 47 00:03:08,840 --> 00:03:12,360 Speaker 1: meaningful to the recipient, like Harlem Renaissance Writers or the 48 00:03:12,520 --> 00:03:17,040 Speaker 1: Main Coastline. Package the stamps with some great stationary supplies, 49 00:03:17,080 --> 00:03:20,920 Speaker 1: and you might just have a winner. Everybody buys groceries, 50 00:03:21,480 --> 00:03:24,040 Speaker 1: but you can make acquiring groceries more fun by giving 51 00:03:24,080 --> 00:03:26,920 Speaker 1: us subscription to a c s A that is a 52 00:03:27,080 --> 00:03:29,400 Speaker 1: bag of fruit and vegetables from a local farm that 53 00:03:29,720 --> 00:03:32,600 Speaker 1: arrives every week at the recipient's home, or to a 54 00:03:32,680 --> 00:03:36,840 Speaker 1: service like Hungry Harvest. A young adult might appreciate some 55 00:03:37,000 --> 00:03:42,040 Speaker 1: out of his or her budget personal care items fancy shampoos, soaps, raizors, 56 00:03:42,080 --> 00:03:45,200 Speaker 1: and so forth that can open up some space in 57 00:03:45,240 --> 00:03:49,720 Speaker 1: a budget. Now, to be sure, sometimes money is truly 58 00:03:49,840 --> 00:03:54,320 Speaker 1: the most appropriate gift. People who provide services for you 59 00:03:55,000 --> 00:03:58,360 Speaker 1: don't need an experience with you, or recipes or anything 60 00:03:58,400 --> 00:04:03,360 Speaker 1: like that. Just pay the Christmas or birthday bonus. But 61 00:04:03,480 --> 00:04:06,040 Speaker 1: for people you're really close to, you can make money 62 00:04:06,040 --> 00:04:09,520 Speaker 1: more personal by dressing it up a little bit. You 63 00:04:09,560 --> 00:04:13,000 Speaker 1: can connect the recipient with something special and with you. 64 00:04:14,440 --> 00:04:18,840 Speaker 1: In the meantime, this is Laura. Thanks for listening, and 65 00:04:18,880 --> 00:04:28,440 Speaker 1: here's to making the most of our time. Hey, everybody, 66 00:04:28,680 --> 00:04:30,800 Speaker 1: I'd love to hear from you. You can send me 67 00:04:30,800 --> 00:04:34,479 Speaker 1: your tips, your questions, or anything else. Just connect with 68 00:04:34,480 --> 00:04:38,880 Speaker 1: me on Twitter, Facebook and Instagram at Before Breakfast pod 69 00:04:39,600 --> 00:04:43,920 Speaker 1: that's B the number four, then Breakfast p o D. 70 00:04:44,760 --> 00:04:47,640 Speaker 1: You can also shoot me an email at Before Breakfast 71 00:04:47,720 --> 00:04:51,280 Speaker 1: podcast at iHeart media dot com that Before Breakfast is 72 00:04:51,279 --> 00:04:54,080 Speaker 1: spelled out with all the letters. Thanks so much, I 73 00:04:54,080 --> 00:05:02,160 Speaker 1: look forward to staying in touch. Before Breakfast is a 74 00:05:02,200 --> 00:05:05,440 Speaker 1: production of I heart Radio. For more podcasts from I 75 00:05:05,520 --> 00:05:09,360 Speaker 1: heart Radio, visit the i heart Radio app, Apple Podcasts, 76 00:05:09,600 --> 00:05:11,480 Speaker 1: or wherever you listen to your favorite shows.