How to Regift the Right Way

Every holiday season we all get at least one gift that we don't know what to do with.  Maybe it's a fruitcake that you wouldn't touch with a 10 foot pole, or an ugly sweater that Aunt Marge got you.  Whatever the gift is, if you don't want it, it's ok to regift as long as you follow some of my simple rules: 

• Take the original gift tag off.  You don't want to make the mistake of regifting and have the receiver see that it was originally intended for you.  NOT classy!
• Some things are not worth regifting.  If it's a gift that's so bad you can't think of anyone who would even want it, look for the nearest dumpster.
• Don't regift fruitcake.  NO ONE wants that!  Consider it for composting.
• If you are going to regift an item, give it to someone who will appreciate it.  The item that you are giving has to make sense to the receiver.  In other words, don't give candy to a diabetic or a bottle of wine to an alcoholic.

Just remember, if you receive a gift that you don't want, it's better to recycle it by giving it to someone who will use it and appreciate it, rather than let it sit around and collect dust.  There's your justification if you feel bad about regifting.  Also, you're not alone as a regifter.  According to a survey by Money Management International, 58% of us are regifters.  So go ahead and regift, just make sure it makes sense.