Featuring fresh takes and real-time analysis from HuffPost's signature lineup of contributors
Erin Scholz

GET UPDATES FROM Erin Scholz
 

Cheap Holiday Gifts Under $5

Posted: 11/25/11 09:00 AM ET

With the holiday season coming up, and purse strings tighter than usual, I've been thinking of frugal ways to check people off my list. Here's a few ideas to show the people you love you're thinking of them... without spending more than $5.

1) Knitted slippers, mittens or scarves. I've never read a pattern before and my "skills" are limited to "knit and purl," but I'm chugging through this slipper pattern with relative ease. Where there's a will (or lack of funds) there's a way!

2) Baked homemade treats. Think outside the box and go beyond festive cookies and candy. Why not try your hand at homemade bagels? They're perfect for a holiday brunch, extremely inexpensive and you will impress the shit out of everyone. If you don't usually have baking stuff on hand, I recommend buying your supplies at a bulk store to get exactly what you need and keep your costs under $5.

3) "Coupons." Remember when you were little and would give coupons for things like hugs, dish-washing, making your bed, etc? Take that idea further and make little tokens representing a skill you now have that you can teach or share with someone (i.e. sewing, knitting, cooking or baking a specific dish, skating, skiing, chess, I dunno... calculus?! Whatever it is you are good at and think the gift-receiver has an interest in learning more about). Make sure they actually "cash them in" and don't get lost like they might have when you were a scheming little brat.

4) Download it. Download a season or two of a favourite TV show and plop it on a DVD. Hand-write or print out an episode list. Illegal? Maybe. Virtually free? Yes. (har har).

5) Thrift stores finds! Books, framed pictures, records, one-of-a-kind knick-knacks can all be found for under $5.

And if you're not really a DIY type...

6) My favourite Toronto spots for holiday gifts are The Drake General Store and SOMA Chocolatemaker. Both are a little pricey on the regular, but during the holidays you can still indulge in a few things for under $5. At the General Store this budget will get you Arko Shaving Soap, a retro shaving soap perfect for any man in your life. At SOMA, you can't go wrong with hand-crafted truffles made with real cream and butter, containing no preservatives. These little guys are worth the $2 a piece because they take up to three days to complete.

Hope these ideas help, or at the very least, I hope they start a fire under your butt to get going on that list!

 

Follow Erin Scholz on Twitter: www.twitter.com/erinscholz

With the holiday season coming up, and purse strings tighter than usual, I've been thinking of frugal ways to check people off my list. Here's a few ideas to show the people you love you're thinking ...
With the holiday season coming up, and purse strings tighter than usual, I've been thinking of frugal ways to check people off my list. Here's a few ideas to show the people you love you're thinking ...
 
 
  • Comments
  • 5
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Favorites
Recency  | 
Popularity
11:31 AM on 11/30/2011
I think #4 is kind of tacky. I would opt to make a personalized mix CD or holiday mix CD instead. I made one for my Dad one year and he plays it every Christmas.
03:52 AM on 11/27/2011
Abercrombie fitch ia a highly acclaimed brand. This is the reason, why the number of customers has been increasing by each passing day.
12:22 AM on 11/27/2011
One poor-student winter, I gave my then-boyfriend a bunch of lovingly chosen favourite books of mine - mostly classics - from a used bookstore, all tied in a bundle with ribbon. Best. Thrifty. Present. Ever.
12:27 AM on 11/26/2011
Don't forget Ebay and garage sales for inexpensive gifts...you can often find brand new or nearly items for next to nothing. We just picked up a box of new high-end cosmetics at a garage sale in an expenisve neighborhood near us and also found some cheap DVDs, clothes and books on Ebay.
This user has chosen to opt out of the Badges program
photo
12:00 PM on 11/25/2011
This season is pretty tight because I just finishing college. My family does not care much about what gifts they get. Just as long as we all see each other. That is what Christmas should be.