Mother’s Day Deals – Great Gifts At Great Prices

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Mother’s Day is all about showing mom just how special she really is and what a positive impact she’s had on your life. Unfortunately, finding a gift that says all of that can be a daunting task. Coming up with the perfect present is even more challenging if you’re on a budget. It fact, the challenge can seem downright impossible. This is where a lot of people panic and end up at an all-night convenience store sifting through leftover cards the night before Mother’s Day. However, it is possible to get a great deal on Mother’s Day gifts; here are some ideas….Diamonds are a girl’s best friend.

Okay, real diamonds are out of the question if you’re on a budget; however, jewelry is still a possibility. Instead of something formal go for something fun like a bangle bracelet, chunky ring, or an eye-catching necklace. Charming Charlie is an excellent option for fun accessories that won’t break the bank. The best thing about this store? It’s color coded so you can find mom’s favorite color in a snap!

Add a personal touch.

Want to give mom a one-of-a-kind gift this Mother’s Day? No problem. How about giving her a personalized item with your image on it? The options of what you can personalize are just about endless from throws to calendars. One great option is the multi photo color changing mug from personalcreations.com. This mug is under $20 and you can add up to 5 photos of you, your children, your siblings, or you and mom together. IT makes for a fun surprise because it just looks like a plain black cup until hot liquid is added.

I need a spa day.

Your mom could probably use a luxurious spa day; however, for the wallet weary that simply may not be an option. Luckily, you can still give mom a relaxing spa-like day. Head on over to Bath and Body Works and check out their Mother’s Day gift baskets. They’ve got options for all different budgets; for example, there’s a Kiss, Sparkle, & Scent gift basket that includes a travel size warm vanilla sugar body lotion and shower gel, a candle, and a whipped vanilla lip gloss for $15.00. You can get this basket and then add in a bottle of nail polish and facial mask for just a couple of dollars more.

It’s the thought that counts.

Yeah, the line “it’s the thought that counts” sounds totally cliche, but it’s often true. When it comes to Mother’s Day, you can probably make mom’s face light up without spending a dime. How? Make mom a coupon book full of things you’ll do with no complaints. For example, if you have younger siblings still at home, give coupons for free babysitting. You can also include coupons for things you know mom doesn’t like to do such as weeding the flower beds.

There are a lot of things you can do for mom this Mother’s Day without spending a fortune. The trick is to know what mom likes from hobbies to special foods to tastes in jewelry and clothing and then to think outside of the box.

Creative, Frugal Mother’s Day Gift Ideas for Kids and Adults

Mother’s Day is right around the corner.  If you’re scrambling to find ways to show mom how much you love and care for her, don’t worry.  There are many ways you can do just that without breaking the bank or relying on the same old boring gift of breakfast in bed or dinner out.

Projects for Younger Children

I have one word for you–Pinterest!  Seriously, head over to Pinterest and just search “Mother’s Day Crafts.”  There are so many creative, frugal ideas to choose from.  Here are some of my favorites:

Hand print flower–Paint your little one’s palm, then press their palm down on paper.  Either paint or add flowers to the tip of each finger.  Your child’s hand makes the stem of the “flowers.”  Then, cut out paper to make a flower pot and glue that to the bottom of the hand print.  On the paper pot, write a message stating something your child loves about mom such as, “You make the best chocolate chip cookies,” etc.

Book mark–Does mom love to read?  Cut out a rectangular strip of construction paper, and then glue a small picture of each of your children on the front.  Laminate it; use a paper hole punch to make a hole in the top, and hang some yarn through the top.

Creative Frugal Mothers Day Gift IdeasGift Ideas for Adult Children

If you’re an adult, your mother probably has every consumer item she could want or need.  Instead of shopping and spending money on something she may or may not enjoy, why not go the non-consumer route.  Why not give mom a gift from the heart?

A letter–If you haven’t told mom lately how much she means to you, now is the time.  For instance, when I was in high school, my friend and I spray painted our biology teacher’s rocks in his front yard in the middle of the night.  Not the best idea, I know.  I felt so guilty, I woke my mom up at 2 a.m. to tell her.  She didn’t freak out or lecture me; she just told me that we’d need to clean it up in the morning.  I appreciate that she could stay so calm, but I’ve never told her that.  I’d include that in my letter and also all the ways she has helped me grow into the woman I’ve become.  (The spray painting days are long behind me!)

A gift of experience–If you do want to spend some money on mom, why not give her a gift of experience?  My grandma always wanted to ride a hot air balloon.  However, she was a child of the Great Depression and was extremely frugal.  Even in retirement, when she knew she’d have enough money for life, she couldn’t justify spending money on what she viewed as an extravagance.  Instead, her kids chipped in and got her a hot air balloon ride for Mother’s Day.  She talked about that gift for years.  It was one of her favorite experiences.

This Mother’s Day, take the time to plan something special for mom to show her how much you love and appreciate her.  Often, you just need to use some creativity, not money, to show mom how much she means to you.

What’s the best gift you ever gave your mom for Mother’s Day?

Are You Guilty of Short Term Financial Thinking? Here’s How to Fix It

Let’s be honest.  We’re all a little bit irrational with money.

Think of the person who drives 5 minutes out of his way to buy ten gallons of gas that is 2 cents cheaper per gallon.  Was the additional .20 cents savings worth 5 minutes of his time?  No.

What about the person who buys clothes she had no need for just because they were on clearance 75% off and were such a great deal?  Is spending money for something you don’t need ever a good deal?  This person just spent more than they would have if they hadn’t run across the “bargain”.

Stop Short Term Financial Thinking In Its Tracks:  Do The Math

Short Term Financial Thinking
The best way to stop short term thinking in its tracks is to do the math.

Take the person who drove 5 minutes out of his way to save .20 cents on gas.  An easier way to see how worthless this endeavor was is to compute an hourly wage for his savings.  There are 12 five minute increments in an hour.  Twenty cents saved per 5 minute increment gives us an hourly wage of $2.40.  If you’re always chasing the gas bargains, ask if it’s worth $2.40 an hour.

Nope.

Of course, only you can decide when an endeavor to save money becomes worthwhile, but doing the math will help you decide.

A friend was recently asking me whether she should refinance.  She just refinanced a few years ago, and as part of the deal, she opened a high interest rate checking account that nets her about $200 in cash back a year.  If she refinances with another company, she’ll lose the high interest rate checking account, which she didn’t want to do.

However, she found a new company that offered a mortgage interest rate that is 1.5% lower than her current interest rate.  In addition, she would have no fees to pay to refinance.  We did the math and found out if she refinanced with the new company, she would save $700 in interest on her mortgage in one year.

Not refinancing to keep the high interest rate checking account was essentially costing her $500 a year, but in her short term thinking, all she could focus on was the “loss” of $200 a year in cash back.

Take the Emotions Out of Your Financial Decisions

Have you ever noticed that it’s much easier to tell other people what they should do with their money rather than figure out what we ourselves should do with our money?  That’s because we’re not emotionally tied to someone else’s decisions.

Too often our emotions muddy up our financial decisions.

If you’re contemplating a major financial decision like buying a house or refinancing your home loan, first do the math.  Look at hard numbers to see which decision would benefit you most.  In my friend’s case, refinancing is the clear winner.  Over the course of her 10 year home loan, she’ll save $5,000 total by refinancing rather than keeping her current loan, even when factoring in the high interest rate checking account.  It’s hard to argue with the numbers.

If you’re still unsure, talk to friends about your decision.  Just make sure to talk to friends who are financially savvy, not those who are broke.  As Dave Ramsey says, “Broke people giving financial advice is like a shop teacher with missing fingers.”  Take the advice from those who will steer you toward the right financial decision.

We’re all guilty of irrational money decisions.  Recognizing this weakness and taking the time to do the math and seek other people’s opinions can help each of us make smarter financial decisions.

What irrational money decisions have you made?

Original Image credit: Burning Money Isolated on White by Images_of_Money, on Flickr