When you're stumped on what to give someone for a special occasion, it's safe to assume that you'll fall back on cold, hard cash. It's easy to see why, since the receiver can do anything that they want with the money you give them. However, before you decide on this, you might want to consider gift cards instead. Why is this the case, you may wonder? If you consult Bob Jain on the matter, you'll become familiar with the following 3 talking points.
One of the many benefits of gift cards, according to companies like Bobby Jain Credit Suisse, is that they usually aren't taxed. When you put money down on a gift card, you won't have to worry about the presence of sales tax, which is a benefit that can be passed along to the person you're giving the gift to. The same cannot be said for money, which is taxed. Of course, there are other reasons why gift cards are worth giving.
There's also the specific nature of gift cards that should be taken into account. Let's say that, for the sake of argument, that you were to give someone a gift card to a local restaurant. More likely than not, they will not spend as much money on nice meals until the gift card in question is depleted. To say that this makes matters more convenient for gift receivers would be an understatement, but there's more to know about gift cards that Bob Jain CS can cover.
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.
With these talking points, it's clear as to what gift cards have to offer over money. This isn't to say that the latter is a bad gift option in its own right, since it does the job in a hurry. However, if you truly want to make yourself stand out at any occasion - it could be a birthday party, baby shower, or what have you - the extra mile should be traveled. For reasons like the ones discussed earlier, gift cards are worth investing in.
One of the many benefits of gift cards, according to companies like Bobby Jain Credit Suisse, is that they usually aren't taxed. When you put money down on a gift card, you won't have to worry about the presence of sales tax, which is a benefit that can be passed along to the person you're giving the gift to. The same cannot be said for money, which is taxed. Of course, there are other reasons why gift cards are worth giving.
There's also the specific nature of gift cards that should be taken into account. Let's say that, for the sake of argument, that you were to give someone a gift card to a local restaurant. More likely than not, they will not spend as much money on nice meals until the gift card in question is depleted. To say that this makes matters more convenient for gift receivers would be an understatement, but there's more to know about gift cards that Bob Jain CS can cover.
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.
With these talking points, it's clear as to what gift cards have to offer over money. This isn't to say that the latter is a bad gift option in its own right, since it does the job in a hurry. However, if you truly want to make yourself stand out at any occasion - it could be a birthday party, baby shower, or what have you - the extra mile should be traveled. For reasons like the ones discussed earlier, gift cards are worth investing in.
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