We put a $20 Limit on our gift exchange for Christmas | Episode 448

Wealth Talks

In our family’s Christmas gift exchange this year we have a $20 limit. We drew names last month and the rules are that the drawing results are confidential and you can’t spend more than $20 on the gift you buy.

In this Bonus Christmas Podcast we discuss how putting a financial limit on our family gift exchange increases creativity.

0:00 Intro. 1:19 John's most memorable gift. 3:47 Why a financial limit on a gift exchange is useful. 12:15 When can a good gift be a bad gift? 15:13 John blows a train whistle. 15:56 Last minute Christmas gift ideas. 19:03 American inventions. 20:55 How to help children develop creativity.

Resources: The Wise Man Foolish Man card game, buy it here: https://amzn.to/41iOTGE A good train whistle :) if you're buying a gift for someone who loves trains: https://amzn.to/41xU6uA The book Michele bought Tom last year: https://amzn.to/3trwqv3

Follow along: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074

Listen on: Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8