How to Regift the Right Way

Some taboos are meant to be broken, and being budget-minded, we think regifting should be one of them. So if you've recycled a gift at some point in your life, do not despair. Many people are coming around to the practice, and don't consider it cheap or inconsiderate. According to a survey by Money Management International, 58 percent of respondents said they have regifted or would consider doing so. And a study in Psychological Science suggests that the act of regifting doesn't offend the original givers as much as we think it would. Heck, there's even a day that's been designated as National Regifting Day, when co-workers are encouraged to turn their office gift exchanges into regifting extravaganzas.

And the benefits outweigh the risks. Not only does regifting save money, it reduces landfill waste, and can actually ensure that a gift ends up with the perfect person who will actually use and enjoy it. That's a win-win-win.

Ultimately though, no one wants to risk offending a loved one. So just make sure they never know, by following our regifting tips so you know how to do it right: