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A responsible gift guide: from financial planning to an easy eco-friendly choice

A responsible gift guide

The holiday season is filled with gifts. Gift getting, gift buying and for many, racking up gift debt (we’re looking at you credit cards) to ensure that everyone gets what they put on their lists. But what if instead of a new sweater for your sister or another candle for your mother, you give something that they actually need.

The Sum gives you the best gift ideas for everyone on your list to make 2023 a little more responsible.

Planning for the Future: A Will Kit

It might seem morbid but having an updated will is super important to give your family and friends peace of mind. And for those without children, it’s even more important to ensure your assets end up where you want them when you pass.

To get started, a will kit makes it simple. In these, you’ll find reading to understand what every piece is, as well as worksheets and sample wills to base your own off of. They will help guide you to leave money and gifts to your friends and family, appoint guardians for your children and more, plus you’ll save on legal fees by getting it started on your own.

What We’re Buying: Legal Will Kit: Make Your Own Last Will & Testament in Minutes

Career Investment: A Resume Writer

Whether it be for a first time job searcher or just to keep your documents up-to-date, we’re investing in a resume writer to freshen things up this holiday season. This is the gift that keeps on giving as you’ll fill out a questionnaire to get started, work with a writer and go through edits to ensure your professional documents present you in the best light.

Plus, once you’ve gone through the process, you can either come back when you need to update (for a lesser fee) or work on them yourself.

What We’re Buying: Hiring a Writer That Fits Our Needs

Financial Future: I Bonds

Instead of spending money on a new outfit or more things we don’t need, a financial investment makes a savvy gift, Because of their relative safety and historically high interest rates this year, I Bonds are a nice (and a pretty safe) investment to gift to someone.

And they’re TikTok famous, too. Financial TikTok, known as FinTok, loves them for the high interest rates and the ease of which you can pick them up.

What We’re Buying: I Bonds through TreasuryDirect.gov

Eco-Friendly But Not Too Complex: Reusable Storage Bags

For your holiday shopping, don’t forget our Earth in all of this. And this year, we’re hoping to cut down our waste. To do that, an easy start is reusable storage bags. So we’re adding those to our gifting list this year.

What We’re Buying: Stasher’s Starter Kit 7-Pack

@thesum.news Many shoppers are feeling the pinch of inflation, according to a survey from WalletHub. From less spending overall to longer periods to pay off credit bills, Elfette lays out the shopping setting. Have questions? Please let us know in the comments. #holidays #holidayshopping #inflation #personalfinance #thesumnews ♬ original sound - The Sum

This story was originally published December 8, 2022 at 12:40 PM.

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The Sum breaks down complex economic issues and how they impact your life in just a few minutes a day. Follow @thesum.news on Instagram for the full story.