Finding a gift for someone is nothing short of a challenge. Bob Jain and other names in finance will agree, so it would make sense to fall back on money as a gift option. However, instead of sticking with this, you might be better off with gift cards. Why is this the case, though? For those who might be curious to know what gift cards have that money doesn't, here are the 3 biggest benefits that you should be aware of.
There are many reasons why gift cards are worth giving, such as the absence of tax. For those who do not know, most gift card purchases aren't taxed. This is a big benefit that's passed along to the gift receiver, since they won't have to worry about covering an additional cost. Gift cards are worth giving over money for this reason, but there are other benefits that the likes of Bobby Jain Credit Suisse can cover.
Another reason why gift cards are worth giving is that they tend to be very specific. What this means is that they are to be spent on specific products, which actually keeps spending more organized. For example, if someone receives a credit card to Starbucks, they won't carelessly spend money on drinks for a while. Gift cards offer quite a bit of convenience, in this respect, and Bob Jain CS would be hard-pressed to disagree.
Lastly, gift cards do not have to take on physical forms. Instead of going with the plastic options we all know, why not see if a company offers digital gift cards? Not only do they take up less space in one's wallet, but they can be accessed across different devices. It doesn't matter if you're out using a smartphone, at home in front of your computer, or what have you. Digital cards offer add to the convenience factor discussed earlier.
Hopefully now you have a better understanding of what perks gift cards have that money doesn't. You might be more focused on one option over the other all the same, which is fine. Everyone's idea of a good gift is going to vary, so it's not like everyone will agree. However, for those who want to add a bit more value, it would make sense to invest in gift cards. The benefits they have to offer cannot be overlooked.
There are many reasons why gift cards are worth giving, such as the absence of tax. For those who do not know, most gift card purchases aren't taxed. This is a big benefit that's passed along to the gift receiver, since they won't have to worry about covering an additional cost. Gift cards are worth giving over money for this reason, but there are other benefits that the likes of Bobby Jain Credit Suisse can cover.
Another reason why gift cards are worth giving is that they tend to be very specific. What this means is that they are to be spent on specific products, which actually keeps spending more organized. For example, if someone receives a credit card to Starbucks, they won't carelessly spend money on drinks for a while. Gift cards offer quite a bit of convenience, in this respect, and Bob Jain CS would be hard-pressed to disagree.
Lastly, gift cards do not have to take on physical forms. Instead of going with the plastic options we all know, why not see if a company offers digital gift cards? Not only do they take up less space in one's wallet, but they can be accessed across different devices. It doesn't matter if you're out using a smartphone, at home in front of your computer, or what have you. Digital cards offer add to the convenience factor discussed earlier.
Hopefully now you have a better understanding of what perks gift cards have that money doesn't. You might be more focused on one option over the other all the same, which is fine. Everyone's idea of a good gift is going to vary, so it's not like everyone will agree. However, for those who want to add a bit more value, it would make sense to invest in gift cards. The benefits they have to offer cannot be overlooked.
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