Did the Three Kings Bear Gift Receipts? - washingtonpost.com:
The author continues, discussing cash and gift cards:
I'd go into details, but, well, I'm not naming names here...
When Caspar, Balthazar and Melchior arrived at the manger on the first Christmas, they set a precedent that would withstand the test of time for every Christmas to come. Most of the gifts they brought were, at first glance, terrible.
Caspar, what were you thinking? Myrrh? The resin from a tiny shrub was used for embalming. It would be like presenting your bundle of joy with Dr. Science's Junior Mortuary Kit.
Balthazar hardly did better. His gift of frankincense was the first of many billions of thoughtless perfume presents. If you want to show someone you love them and have less than a minute to shop, buy them perfume.
But fortunately for Caspar and Balthazar, Melchior came through. The third king presented the Holy Family with the gift that classical economics has long suggested is best: gold. In other words, he gave them the money.
The author continues, discussing cash and gift cards:
Some social scientists make the case that too few of us take Melchior's logical step. One survey found that only about 9 percent of Christmas gifts are cash. Gift cards, which are like cash, have been surging in popularity but will probably account for only 5 percent of holiday sales this season. This drives economists crazy for a simple reason. Perhaps the most important tenet of their science is that people know their own preferences best. If you give someone money, she can go out and buy exactly what she wants. If you give her a gift, you may luck out and pick just what she would have purchased herself. Odds are, though, that you'll give her something she values less.Actually there's also the aspect, for families with "big spenders" in the house (not naming names! ;) ) that there's also the possibility of giving them something that they already have, simply because you haven't been to the house recently to take an assessment.
I'd go into details, but, well, I'm not naming names here...
no subject
Date: 2006-12-09 04:03 pm (UTC)Number one, and the reason that I was taught, is that the gift itself is an indication of the thought and effort one puts out on another's behalf. Just giving cash is an easy way to deal with an obligation, not a way of saying 'I care about you, about what you like and I'm willing to spend time to make you happy'
Number two, a gift can be, and often is, something that one would not buy for oneself: an extra pleasure that people often aren't willing to indulge themselves in. I have, in the p[ast, received cash as a gift, and felt that I really ought to save it (just in case) rather than actually getting an item or a service that I would have enjoyed. People sometimes don't provide for themselves things they would value the most because of inhibitions or long taught 'rules' about money management that speak to fears rather than enjoyment.
And thirdly (and least, but still a point IMO) an involved giftgiver can often find items (or just stumble across them during their travels or daily lives) that wouldn't occur to the giftee, or that the giftee had never thought of nor conceived as possibilities.
no subject
Date: 2006-12-09 04:24 pm (UTC)(Granted, college students are a limited study group, with an acknowledged bias of restricted income and spending cash - they're more willing to hold out for "more cash" on an item even if it wasn't a gift, and they're very thrifty out of necessity for keeping cash for basics like beer money ;-) ).
as for "I'm willing to spend time to make you happy", this is a tricky place for me (and
no subject
Date: 2006-12-09 05:37 pm (UTC)i have issues with this idea. i'm sure for some, a gift card IS a cop out becaues you can't think of anything else. but for some people, a gift card IS the perfect gift. say for the person just moving into a new place... you have NO idea what they need to set up their house, but they will need lots of stuff. with a Target card, they can get new towels, sheets, kitchen supplies, even FOOD if they need it. take keith's mom for example. if you give her cash, she will spend on everyone else. we gave her a Michael's gift card once because she SO enjoys creative projects, crafts, etc., but would never actually go buy stuff like that for herself. again... perfect gift. if people need clothes, they have to try it on before they buy. so? gift card! or better yet, someone who just LOOOVES shopping. gift card! how about Starbuck's junkies? good lord, there's people i know who would think they'd died and gone to heaven after getting a Starbuck's card!
i just don't see why people view the gift card in such a negative light. i wouldn't want to get ALL gift cards or cash for every present, but a well-thought out gift card can still convey the message that you cared enough to select something the recipient would really love.
no subject
Date: 2006-12-09 05:45 pm (UTC)to say she doesn't indulge in things like that often is an understatement.
i do like well-thought out gifts, but i always feel terrible when i get something i honestly don't like or have no use for. i know it's the thought that counts and such, but where do we put those things in this already crammed apartment? and giving it away just seems like a waste for the gift giver. in those cases, i would have preferred they spend the money on themselves and not on me.
basically, i hate getting presents that say "we felt we had to buy you SOMETHING and this is what we came up with." in those instances, i prefer gift cards to cash. like you, cash i feel like i should save it or do something important with it. but a gift card? it's like being granted permission to indulge yourself. and everyone can benefit from a little of that... especially as a result of someone else's thoughtfulness. not to mention, they always fit! *g*
no subject
Date: 2006-12-09 06:20 pm (UTC)no subject
Date: 2006-12-09 06:21 pm (UTC)no subject
Date: 2006-12-09 07:07 pm (UTC)Doc
no subject
Date: 2006-12-10 03:47 pm (UTC)no subject
Date: 2006-12-10 03:49 pm (UTC)no subject
Date: 2006-12-10 05:39 pm (UTC)On the other hand, if someone just gives a Visa gift card, what does that say?
I will admit, I would love a gift card from JoAnns or Home Depot. On the other hand, if someone got me a gift card for a video store, I'd be kind of annoyed (I am really not the media person my husband is. get a video card for him, not for me), and more likely to re-gift the card to someone else that would appreciate it more.
I like to put thought into things, or at least effort.
This year, I did what I didn't think I would have done in the past: I put out a wish list. Why? Well, while I love my relatives, every year I get a "what do you want?" thing. *sigh* And then my dad has a habit of buying something in front of me and giving it there. Case in point, I already have my present from him. *sigh*
Personally, I don't like knowing how much money someone spent. It's not about the money. If someone got it for a steal, then GREAT! I still don't want to know. *smirk*
no subject
Date: 2006-12-10 05:57 pm (UTC)I never remember I have the things swhen I go to the shop, or I never go to /that/ shop, or the one time I do go to /that/ shop I don't have the card.
And the few times I've used the cards I've used them on gifts for other people.
If someone gives me a gift card it means I appreciate that they've given me something, and I'll probably not get around to deriving any enjoyment out of it. I can't regift it [easily] but at least it doesn't take up much space.
Someone who's always in Borders? Might work. Someone who's always in Best Buy? might work. Someone like me who doesn't tend to really shop? Not so good.
no subject
Date: 2006-12-11 04:47 pm (UTC)I thought these were wise men.
no subject
Date: 2006-12-12 12:49 am (UTC)Makes you wonder what became of it all, though...
Doc