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9 Budget-Friendly Gifts To Buy Your Partner or Spouse, According to Finance Experts

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9 Budget-Friendly Gifts To Buy Your Partner or Spouse, According to Finance Experts
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Finding valuable holiday gifts for your partner doesn’t have to cost a pretty penny. While social media will tell you differently, there are plenty of budget-friendly, affordable options at your disposal.

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“One of the most impactful gifts doesn’t have to come with a hefty price tag,” said Dennis Shirshikov, head of growth at GoSummer and professor of finance at City University of New York.

“Consider giving the gift of an experience tailored to your partner’s interests. For instance, planning a surprise picnic at a local park or setting up a cozy movie night at home with all their favorite snacks can create lasting memories without straining your finances.”

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Below, experts share more of their top recommendations for gifts that are both meaningful and won’t break the bank.

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Another thoughtful idea, according to Shirshikov, is to invest in something that contributes to your shared future.

“Starting a small investment account together or contributing to a joint savings goal can be both symbolic and practical,” he said.

Shirshikov noted it’s a gesture that says, “I’m thinking long-term with you,” and it doesn’t require a significant financial outlay.

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Additionally, Shirshikov recommended personalized gifts which often carry more sentimental value than their cost would suggest.

“Crafting a custom photo album or writing a heartfelt letter can resonate deeply,” he said. “In today’s fast-paced world, taking the time to create something personal can mean more than any store-bought item.”

A thoughtful yet budget-friendly gift idea, according to Nischay Rawal, certified public accountant (CPA) and founder of NR Tax & Consulting, is creating a “financial wellness day” for your partner.

You can do this with a personal finance book like “The Total Money Makeover” by Dave Ramsey paired with a journal for setting shared financial goals.

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“It’s an investment in your shared future and encourages financial literacy,” Rawal said.

Another gift idea Rawal recommended is a subscription to a budgeting app like YNAB (You Need a Budget).

“It’s a low-cost but high-value tool that helps manage and improve spending habits together, leading to more informed financial decisions,” he said.

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Finance

8 Must-Read Personal Finance Books of 2024 for a Fresh Start in 2025

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8 Must-Read Personal Finance Books of 2024 for a Fresh Start in 2025
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Personal finance books can be fantastic resources to help you learn about everything from smart shopping habits to how to save for retirement, and there are thousands of books out there to guide you on your personal finance journey. In fact, plenty of insightful personal finance books have been published in 2024, alone.

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If you’re not sure of where to start, GOBankingRates did the hard work for you, rounding up the best personal finance books published in 2024 that you’ll want to add to your bookshelves next year.

And while you’re learning better financial habits from these insightful books, consider these money moves wealthy people make before the new year.

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Originally published in 1949, this book has just been released in a 75th anniversary edition that’s been updated with commentaries by financial journalist Jason Zweig.

The book outlines Benjamin Graham’s “value investing” philosophy, providing a guide to investing for individuals looking to develop sensible strategies and protect their investments. Zweig’s commentary provides additional details and helps readers understand how to apply Graham’s timeless practices to today’s investment market.

Warren Buffett said that this book is “by far the best book about investing ever written.” Reviewers praise the book’s quality and value, noting that the commentary is helpful and further breaks down Graham’s ideas so that they’re easily understood.

Since the content from the original edition is bolded, individuals who already have the original can quickly identify and read the commentary for additional depth.

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Written for businesses and individuals looking to minimize their tax obligations, this third-edition book by Tom Wheelwright, certified public accountant (CPA), focuses on how to use the tax code as a road map to building wealth. This new version covers topics such as tax deductions, credits and incentives, as well as the latest tax reforms. It explores ways to legally minimize tax burdens to build and preserve wealth.

Reviewers found the book to be highly detailed yet also clear and easy to understand. Several reviewers praise Wheelwright for incorporating stories and using them to illustrate tax principles, which makes the book more entertaining and engaging. They also applauded the book as a good investment, particularly for business owners.

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Taylor Swift Eras Tour’s financial impact on sports stadiums

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Taylor Swift Eras Tour’s financial impact on sports stadiums

What do professional sports teams and Taylor Swift have in common aside from ties to Kansas City Chiefs tight end Travis Kelce? The financial impact of The Eras Tour. This past weekend Taylor Swift wrapped her 18-month, 152-show Eras Tour which brought in over $2 billion in gross revenue, making it the highest grossing concert tour in history. Not only is the billionaire pop star benefitting from these earnings, but some sports teams are also profiting from it as well.

On this week’s episode of Yahoo Finance Sports Report, host Joe Pompliano talks about Taylor Swift’s Eras Tour and how stadiums were financially impacted by these concerts.

There are currently a dozen stadiums owned by sports teams that hosted the Eras Tour. These stadiums include Hard Rock Stadium in Miami, MetLife Stadium in New York, Gillette Stadium in Foxborough, Mass. to name a few. “The reason for [their financial benefit] is simple,” Pompliano says. “If you look at [Swift’s] average concert, it produces about $10 million in ticket sales. She has a bunch of expenses though and the biggest [expense] is actually renting out the venue itself. That costs about $2-3 million per show, which the stadium venue gets to keep. Then these venues get to keep an additional million or so in other things like concessions, merchandise, parking, et cetera.”

Some of these stadiums hosted multiple nights of the concert too, so their revenue multiplied.

“This is why owning your own venue as a professional sports team is so important,” Pompliano says. “You can fill that venue on nights when you don’t have games with things like concerts… This is a huge financial benefit for some of these teams, and it’s why some of these professional organizations now look less like sports teams and more like real estate companies.”

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To hear more, check out this week’s episode of Yahoo Finance Sports report here.

Yahoo Finance Sports Report with Joe Pompliano, a vodcast brought to you by Yahoo Finance and Yahoo Sports, looks beyond the latest sports business headlines, analyzes all the need-to-know news – the teams, trades, and billion dollar deals – so you and your portfolio will win BIG.

Yahoo Finance Sports Report is developed and produced by Lauren Pokedoff.

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Expert’s tips for managing your sports betting bankroll

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Expert’s tips for managing your sports betting bankroll

Listen and subscribe to Financial Freestyle on Apple Podcasts, Spotify, or wherever you find your favorite podcasts.

On the latest episode of Financial Freestyle with Ross Mac, The Lock Talk CEO Jason Seo discusses his strategies for managing his sports betting bankroll.

The most important factor in sports betting is never gambling more than you can afford to lose. “How much are you able to lose without it affecting your life? Paying bills, paying for food, having fun,” Seo continues. “You have to have an amount where if you lost it all, [you’d be] totally fine.”

“It’s a long-term view because when you’re sports betting… one day is not [going to] change your life,” he says. “You [want to] do it over time.”

Financial Freestyle with Ross Mac on Yahoo Finance is dedicated to promoting economic prosperity for all. Through expert insights, practical advice, and inspiring success stories, we empower you to build and grow wealth. Join us on this transformative journey toward financial freedom and inclusive economic growth.

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This post was written by Meredith Lawrence.

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