3 Financial Christmas Gifts

Your children and grandchildren might want the latest games console this Christmas, but a financial gift will keep on giving for years to come

Jonas Lindmark 23 December, 2020 | 8:55AM
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Financial gifts

Christmas has become a family holiday centred around extra consumption, spending money to create happiness. But the best gifts do not need to be expensive; the key is that they are both obviously useful and higher-quality than people would choose for themselves. Perhaps treating the tea-lover of the house to some fancy tea leaves, or the resident fashionista to a luxury item.

In some ways, financial gifts are a contradiction to the usual Christmas spirit. After all, Christmas is about joy and giving, not financial returns. But a financial gifts could be the one that keeps on giving for years to come if you get it right. Here are three ideas:


Cash is a very popular gift, especially among younger people, since it can be spent on anything. Scientific studies claim that on average Christmas gifts are in general valued lower by the recipient than the cost for the buyers. From this perspective cash is more likely to be appreciated than anything gift-wrapped.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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About Author

Jonas Lindmark

Jonas Lindmark  has been editor and head of fund analysis at Morningstar Sweden since August 2000. Before that he was personal finance editor and designed fund ratings during 9 years at the weekly business magazine Affärsvärlden.