By

As the festive season fast approaches, many of us cast our minds (and wallets) to what to get our loved ones, often with a fair bit of worry.

New research conducted by PayPal has revealed that more than a third of Aussies (35%) feel they will hit the nail on the head with their gift giving but well over half (59%) have admitted they are not so confident when it comes to buying for others. A further 6% of people have resigned themselves to the fact that they are terrible gift givers.

To help take the stress out of Christmas shopping this year, PayPal has launched the 2018 Shop off the Beaten Path gifting portal, where Aussies can easily find unique gifts, matching potential presents to the traits and interests of your loved ones. If you’re someone who struggles to keep spending in check at Christmas time, you’ll also find a handy gift budget as a guide on how much Aussies should allocate their spending between friends and family.

How many gifts are we buying?

On average, Aussies will purchase around ten gifts for our loved ones, including family, friends and colleagues. Special mention goes to Aussie Mums who spend the most in total ($799 average) and buy almost double the amount of pressies in comparison to Dads (11 vs. 6). Wives and girlfriends are also in luck on Christmas day, with their partners set to be spending the most on their gifts this festive season.

Are we nailing it?

Aussie blokes wouldn’t be surprised to hear that wives and girlfriends were deemed the hardest to buy for (23%), followed closely by Mums (21%). Ironically, it’s the wives and girlfriends of Australia who are the most likely (82%) to nail their Christmas gift giving – so there is no question around who has been paying the most attention or who your favourite presents will be coming from this year.

Unfortunately, Grandparents were found to be the least likely to nail their Christmas shopping (9%) which could be related to the fact that they stick to the tightest budget for all their gift giving ($466). It’s not all doom and gloom for grandparents though (for them anyway) being crowned the easiest to please when it comes to gift satisfaction.

It would appear the siblings of Australia will be on the top of Santa’s naughty list this Christmas, with over a quarter (28%) saying that they won’t be purchasing for their brothers or sisters this year. On the contrary, Mums will top the nice list, with Aussies likely to spend more on Mums ($72) compared to Dads ($55).

How Much Are We Spending?

On average, Aussies will spend $592.60 this year on Christmas gifts. To help Aussies spend within their means, PayPal has developed a budget guide on how to carve up this year’s gifting budget:

Gift Receiver % of Budget Average Spend
Partner 40% $238.50
Parents 15% $89.40
Sibling/s 15% $89.40
Grandparent/s 15% $89.40
Friend/s 10% $59.60
Kris Kringle 5% $28.50

What Are We Buying?

Besides gift cards, which were the number one most wanted gift this year across the board?  Here is what Aussies are looking forward to unwrapping this Christmas:

Gen Y / Millennials (18 – 34)

●        Clothing

●        Travel/holidays

●        Jewellery

Millennials are the most likely to want something relating to their hobbies.

Mum

●        Travel/holidays

●        Jewellery

●        Clothing

Mums are most likely to be happy to receive a gift in the first place.

Gen X (35 – 49)

●        Technology/gadgets

●        Clothing

●        Travel/holidays

Gen Xers are the most likely to want something that’s thoughtful.

Dad

●        Technology/gadgets

●        Alcohol

●        Clothing

Dads are the most likely to want something relating to their hobbies.

Baby Boomers (50 – 64)

●        Jewellery/watch

●        Clothing

●        Alcohol

Baby Boomers are the least likely to want something unique or unusual 

Wife/girlfriend

●        Travel/holidays

●        Experiences

●        Jewellery

Wives & girlfriends are the least likely to want something relating to their hobbies.

Grey (65+)

●        Books

●        Clothing

●        Technology/gadgets

The Greys are the most likely to be happy to receive a gift in the first place. 

Husband/boyfriend

●        Technology

●        Clothing

●        Alcohol

Husbands & boyfriends are the least likely to want something thoughtful.

 

 

This article shared and powered by


  • In a group I am in we had a Kris Kringle of $5.00. It is surprising what you can buy for a small amount if you do some research. Many in the group are older generations so it was affordable and fun for them Some got really useful presents, others just thought they were amusing.
    I spend the biggest % on the children. Their stockings often contain underwear, socks, coloured pencils and other small items they will need for school, plus a few good quality treats.

    Reply


  • Sorry but Kris Kringle isn’t on my gift list (apart from a piece of cake and drink).

    Reply


  • I don’t spend anywhere near that much. My mum and I decided to spend $20 each. I bought her a plant she wanted…she gave me a $100 gift card. I told my husband not to get me anything. I gave him 2 shirts (that be bought and wrapped) and a microwave splatter guard…he gave me a $100 gift card and 3 bottles of wine. We bought my MIL some books she wanted and a framed photo… she gave us $100 each.
    I do not understand why people feel a need to spend so much money. I know people are trying to help me because I have lost a lot of weight and will need all new clothes. I appreciate the presents I have received but I honestly would have been happy to get nothing. I find it very materialistic and people seem to buy things just for the sake of it.

    Reply


  • I always spend more then I want, because I want to be generous and spoil those who I love.

    Reply


  • Oh we don’t spend much at all, maybe $50 max, it’s not a big deal for us.

    Reply


  • No way will I be spending this much

    Reply


  • This year Iam doing all gift cards I found it easier for me and the receiver will buy whatever they want

    Reply


  • Does an Australian family really spend almost 600 dollars in gifts at Christmas time? Oh well, I guess we are not an average Australian family! :-)


    • Don’t worry! :) Either are we! :) We stick to a budget – no point in being under any financial stress for the remainder of the year just for Christmas!

    Reply


  • I carry a note in my wallet and write on it any time someone talks about something they’d love. That way at Christmas or Birthday times I have a list and I just need to make sure they didn’t already get it.

    Reply


  • I don’t go with the trend as I love to receive gifts related to my hobbies. :)

    Reply


  • Very interesting article. It gets so hard the older people get I think. I always try to think of something out of the box, but if all else fails, I get a gift card and present it in a creative way so they still have fun with it

    Reply


  • A good article on what we spend,just about right!

    Reply


  • Well, trying hard to get it right should count.

    Reply


  • They don’t have a % spent on children? That really needs to be included.

    Reply

Post a comment
Like Facebook page

LIKE MoM on Facebook

Please enter your comment below
Would you like to include a photo?

No picture uploaded yet
Please wait to see your image preview here before hitting the submit button.

Your MoM account

Lost your password?

Enter your email and a password below to post your comment and join MoM:

↥ Back to top

Thanks For Your Star Rating!

Would you like to add a written rating or just submit?

Write A Rating Just Submit
Join