Great Way to Save Money for Family and Friends During Christmas & the Holidays!
Dec 3, 2009
During the recession and as families grow, it's hard to shed out $20-$40 for a gift for each member in your family. I think the smartest way to save money is through the White Elephant Gift Exchange. A group of my friends and my 8 siblings have been participating in this game for the last 5 years.
Everyone that participates in the game, goes home with a present. And I only had to spend $20 for a gift rather than hundreds of dollars. It's very entertaining and an ice-breaker for the conservative family and friends. It brings people together and everyone can have a good laugh when there's an interesting and humerous gift that you open up. Some of the past gifts that I received was the ShamWow (it's great for cleaning up spills and it's suppose to hold 12x it's weight in liquid). I also received a sterling silver decorative picture frame, gift certificates for Panera Bread, DVD movies, and a fondue set. You can be as creative as you want with the gift you purchase.
Here's the rules of the game!
1. Designate the price of the gift, we usually set the amount at $20. 2. The gift must be unisex and wrapped. 3. If you choose to purchase a gift card, it must be attached to another item, i.e cereal box, you can be as creative as you want. 4. All the participants then draw a number. 5. The participate with the lowest number (usually #1), selects a gift, and unwrap it for everyone to see. 6. Each successive participant can either "steal" an open gift, or choose a wrapped gift from the pile. 7. A gift can be stolen up to a max of 3 times.
You can find more information and rules of the game at the Wikipedia link posted.
I really enjoy this game, and the holidays becomes more of sharing and enjoying each others company. Times are tough during this recession and not everyone can purchase extravagant gifts. The White Elephant Gift Exchange is a great alternative and gives friends and families something to look forward to each holiday.
What did you think of this review?
Fun to Read
About the reviewer
Theresa Nguyen (1theresa)
Ihave another year before Iturn the BIG 30, so I wanted to absorb the last few moments and months of my twenties. The last decent has been an incredible experience for me. Ihad the first of many experiences. … more
A white elephant gift exchange is a popular holiday party game in the United States, with many variations in name and game play. Generally, white elephant parties need a minimum of six participants, although the larger the group, the more entertaining and protracted game play will be. White elephant parties can result in vicious rivalries between players trying to get sought after gifts. The goal of a white elephant party is usually entertainment rather than gain.
Gifts are wrapped, but are not labeled to reflect a specific sender or recipient. Gifts are typically inexpensive, humorous items, or used items from home; the term white elephant refers to a gift whose maintenance cost exceeds its usefulness. While the first use of this term remains an item of contention among historians, a popular theory suggests that Ezra Cornell brought the term into popular lexicon through his numerous and frequent social gatherings, dating back to as early as 1828.
All participants draw a number (from a hat, perhaps) to determine their order. An alternative to the drawing is to sit in a circle and take turns in a clockwise or counterclockwise direction.
The participant with #1 unwraps any gift from the pile and then shows it to everyone. Each successive participant, in the order determined from the drawing, or in clockwise or counterclockwise order, can either 1) "steal" an already opened gift (if there's one they really like) or 2) be adventurous and go for a wrapped gift ...