5 Frugal Ideas for Graduation Gifts
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5 Frugal Ideas for Graduation Gifts

Posted on Tuesday, May 27th, 2014 at 7:00 am
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How many graduates do you need to buy gifts for this year?  Here are some frugal ideas for graduation gifts that will make them smile and fit into your budget.How many graduation ceremonies, or parties, have you been invited to? It can be difficult to think up a good gift for the new graduate. You want to give something meaningful, or useful, without breaking your budget. Here are a few frugal ideas for graduation gifts.

5 Gift Ideas for the Graduate

Gift Cards
Many new graduates are broke. Those that have graduated high school will be starting college soon (and college is expensive). College graduates, on the other hand, are about to begin paying off their student loans. Give the graduate some gift cards. They will absolutely appreciate it! You are giving them the gift of a “freebie” that they can use at any time. Good choices for gift cards include: Starbucks, Denny’s, iTunes, or a gift card to their local grocery store. Put the gift card into a nice Graduation card.

Coffee Maker
Coffee that one makes at home is always going to be less expensive than coffee that is purchased from a coffee shop. Give the graduate a coffee maker. It doesn’t have to be a fancy one. Small coffee makers that make one or two cups of coffee at a time are useful. You could also put together a gift bag of samples of pre-ground coffee for them to try out.

Kitchen Starter Kit
Graduates who will be living in their own apartment for the first time are going to need a lot of household items. Create a kitchen starter kit for them. Make a bouquet of cooking utensils (spatulas, slotted spoons, barbecue tongs, pizza cutter, etc.) Tie the bouquet together with a large dishtowel. Tuck it into an oven mitt. You can find some very nice kitchen items at the dollar stores.

Advice Books
Is there a book that you have read that gave you really helpful advice? Pick up a copy for a new graduate. Financial advice books, that are geared for young adults, can be very useful. Beginner cookbooks are also a good choice for graduates who need to learn how to cook simple meals. There are plenty of cookbooks that are intended for college students to use.

First Aid Kit
A first aid kit is one of those things that you don’t think you need …. until the moment that you do! You can purchase a pre-made first aid kit as a gift. Or, you could put together a basket of stuff that would be found in one. Get boxes of band-aids (of different sizes). Include some gauze, antibiotic ointment packets, and flashlight (with batteries). The American Red Cross has more details about what should be in a first aid kit.

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.