It's wonderful that Chloe and Josh receive invitations to every school party, but have you ever paused to tally up the cost of all those gifts? And that's just the beginning. It's a season filled with gift-giving – for cousins, babies, weddings, christenings, and Aunty Vera's 70th birthday. Before you know it, you've shelled out over $1000. And that doesn't even include Christmas gifts, office gifts, and get-well presents. During this early parenting stage, especially between ages 35 and 45, you may find yourself spending over $10,000 on gifts without appearing extravagant, all while finances are tight.
At GroupTogether, we've crunched the numbers and discovered some savvy ways to make gift-giving more affordable and meaningful. Between us, we have seven children, including two sets of twins. Though this might not be the norm, it begs the question – how do families manage? We conducted research to find out what people spend on birthday gifts for school friends. Out of the 134 moms who responded to Facebook mum groups, the average spending was $20 or more. Most felt comfortable spending $20, while $40 was reserved for "besties," and $50 for nieces and nephews. Many emphasized that people shouldn't feel pressured to spend more than they can afford.
In total, the average amount spent on various gift-giving occasions amounted to $1,130.
This included $600 spent on children's school friends' parties, $100 on niece/nephew birthday gifts, $80 on coach and teacher gifts, $200 on milestone birthdays and events, and $150 for Mother's Day and Father's Day combined.
We think there’s a better, cheaper way for you to give and for the recipient to get exactly what they want. Our website makes it super easy for friends to group together and collect for one great group gift.
GroupTogether does all the reminding, collecting, and sends the money to the organiser. It means everyone can give a little less (if they like) and give a much better group gift. Moreover, there’s the option to donate a portion of the collection pool to charity. It means it’s less expensive, less waste, less hassle, and the option of some charity as well. Over 20,000 Australians have used GroupTogether in the last two years and over $150,000 has gone to charities and good causes. It feels better all around.
Life’s busy. That’s why we’re here to make it easy for you to collect money from a group. Less wasted time, less packaging waste, and spending a little less but giving a lot better!