Gift Budget Plannerसूत्र

## Planning Your Gift Budget

Setting a gift budget prevents overspending during the holidays and ensures fair allocation across recipients.

### Suggested Allocation

- **Family**: 60% of budget (immediate family gets more per person)
- **Friends**: 25% of budget
- **Coworkers/Others**: 15% of budget

**Average per Person = Total Budget / Number of Recipients**

The National Retail Federation reports that the average American spends about $900 on holiday gifts. Setting a budget and list beforehand reduces impulse spending.

हल किया गया उदाहरण

$1,000 annual budget for 8 family, 5 friends, 3 coworkers.

  1. Total recipients = 8 + 5 + 3 = 16 people
  2. Average per person = $1,000 / 16 = $62.50
  3. Family budget = $1,000 x 60% = $600 ($75 each)
  4. Friends budget = $1,000 x 25% = $250 ($50 each)
  5. Coworker budget = $1,000 x 15% = $150 ($50 each)