5 saving graces of giftmas
If it is indeed better to give than to receive, then Australians are a happy lot. According to the Financial Planning Association of Australia, 85% of us find more joy in giving gifts to others than in getting them ourselves.
We’re also a generous bunch, spending an average of $93 on a significant Christmas gift. Those with young families splash out even more, averaging $117. The top three categories are cash or gift cards (31%), food and alcohol (14%) and tech and gadgets (12%).