As I mentioned last week, a $50 L.L. Bean gift card was among the losses I took when my car was broken into… or so I thought! As it turns out, the card my grandfather gifted me for Christmas was in my room all along (sorry thieves, no sweaters or monogrammed luggage for you!). Seeing as things can disappear so quickly, I figured now would be as good of time as any to use that sucker up.
When I receive a gift card there are usually a few things that I think about before taking the plunge on a purchase:
*Should I save it for a rainy day? When it comes to retail or restaurant cards, it’s nice to have a little fun money laying around for the times I’m on a spending freeze. A negative to doing this is that you might never end up using that manicure gift certificate (d’oh!).
*Could I go to another store for less? Even with free money, I wouldn’t buy sheets from Macy’s if I knew that Marshalls had the same quality for half the price.
*Am I spending money that I wouldn’t have otherwise? Isn’t it funny how you start out with a gift, but end up using money out of your own pocket?
I know, I over think shopping sometimes… but it usually helps me make the most out of my money! How do you gift card: are you a splurger (J.Crew card for cashmere mittens) or practical spender (Visa gift cards on groceries)? P.S. What do you think I should buy?