THE PER­FECT PRESENT

Get wrapped up in th­ese ex­pert gift-giv­ing tips.

Elle (Canada) - - Money -

there’s no bet­ter time than the hol­i­days to in­dulge your in­ner shopa­holic—you are buy­ing for oth­ers, after all. Half of Cana­di­ans say they plan to spend at least $500 this Christ­mas sea­son, and almost all of that on gifts, ac­cord­ing to a re­cent survey by Tan­ger­ine bank. But find­ing the per­fect gift at the per­fect price can test even the most sea­soned of shop­pers. “Scrooge­nomics” economist Joel Wald­fo­gel es­ti­mates that at least 10 per­cent of what we spend on gifts is wasted on the re­cip­i­ent—mean­ing that the per­son would have been hap­pier had you given them the cash equiv­a­lent. Here’s some ex­pert ad­vice on how to get the most out of your gift­ing. Let’s face it: Our part­ners don’t al­ways get it right when it comes to choos­ing presents. Even Kanye can strike out, as ev­i­denced by the 2013 Christ­mas gift he

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