Gifts - list price vs. what you actually paid
Posted: Fri May 19, 2017 3:03 pm
I am for sure overthinking this, but decided to ask.
My son is going to a classmate's birthday party tomorrow. In general my rule of thumb for kids gifts for not very close friends is ~$25 (or maybe $20-30). We got him an item with a list price of $25 (printed on the back), but I got it at Costco for $13. It's a nice present, we have reasons to believe the kid will like it (my son asked for one for himself). I threw in some stickers on his favorite topic, but all in all we only spent $15 or so.
When you give presents do you go by the list price (and presumed value) or by what you actually paid? Does it matter if the list price is known and whether it's easy to guess at the actual paid price (in our case if they shop at Costco too:-)
I have some "backup" presents at home - Legos, chess, etc - I could add one of them and reach the $30 with 3 items. Would that be better or would it seem going overboard (considering list price again)?
My son is going to a classmate's birthday party tomorrow. In general my rule of thumb for kids gifts for not very close friends is ~$25 (or maybe $20-30). We got him an item with a list price of $25 (printed on the back), but I got it at Costco for $13. It's a nice present, we have reasons to believe the kid will like it (my son asked for one for himself). I threw in some stickers on his favorite topic, but all in all we only spent $15 or so.
When you give presents do you go by the list price (and presumed value) or by what you actually paid? Does it matter if the list price is known and whether it's easy to guess at the actual paid price (in our case if they shop at Costco too:-)
I have some "backup" presents at home - Legos, chess, etc - I could add one of them and reach the $30 with 3 items. Would that be better or would it seem going overboard (considering list price again)?