Wow this article has some glaring factual errors. Most notably: "This is especially beneficial for expectant mothers who intend to quit working after the birth of a child since they could use the entire amount set aside by the employer for hospital expenses and not return to work to pay it back."
If you terminate employment you will owe that remaining FSA contribution amount immediately - it will be taken out of your final check and if that doesn't cover it, you'll have to pay the difference out of pocket. So for example if I set aside 3k in my FSA then spend it all on January 10th then quit January 31st having only made two bi-weekly contributions for $250 total, you're not going to just get to walk away with $2,750. That money is going to come from somewhere - and guess what, it's not your employer and not the government. It's going to come from you.
Poorly researched article. Even if it is 5 years old, if someone stumbles across this, they will be misinformed.
My problem is that the gifts that I don't like/need are rarely things I'd want to give anyone else. But if the gift is something I think another person would want, I'd happily regift. All that matters about regifting is that you honestly think the (new) recipient will like it. And that it isn't the person who gave it to you. That's a biggie.
Yes, but I'm careful about it. I find books are best for re-gifting because my friends/relatives have similar tastes. So if my BFF gives me a fabulous (and often obscure) novel I'll enjoy it and then pass it along to my daughter at Christmas because I know she'll love it, too.
We purchased some mouthwash that we hate, and I don't think hubby or I will be able to use it again. I was hoping to find some other uses for it so it isn't just a waste, and this list is phenomenal! Thank you so much!
I bought the wireless version of MJ over a year ago. Each time I call about it they claim their engineers are working on it. This is , to me, fraud. I am about to report them over this. They send you the MJ with the wireless port so you assume it will work but the engineers are still "working on it:.
Oh yes I re gift... Very often but I make sure the recipient will enjoy it more than me. I do not want a clutter of things that I will never use so re gifting is one of the solutions besides donating and it saves me money and time.
I regift often. The older I get, the more simplified in my life I aim to be. My family has increasingly gifted each other by purchasing or providing a needed service throughout the year. It does save us stress and headaches during the "Christmas rush." Recently, I offered my sister-in-law a full service detail, with claying and wax included for her vehicle. She loved it and it saved her a lot of hassle as well. When Christmas rolls around, the family gathers together for a nice meal with a minimum of stress and less financial burden.
I dump the milk the day before the use-by date -- won't even risk trying it and having that sour taste linger in my mouth. But we've kept eggs in the fridge for MONTHS and never had any problems ...
I wouldn't say I've ever regifted exactly. There's been a time or two when I've received something I didn't have a use for and knew somebody who did. And I've offered them that item. I guess that's kind of regifting, but I've always been very upfront about it to the person receiving, and just offered the item, if they want it.
I re-gift, but only if the person that I am giving it to will really like it and if the person that I got it from isn't likely to find out about it. Otherwise I will just donate it to a thrift store.
It's surprising to see none of the cards with no annual fee (Harley Davidson, DCU secured & nRewards secured) not making this list. Especially the HD card since it's backed by US bank.
Also, for those who end up getting the BankAmericard, you can call up and request to be added to their cash rewards program (1-3% cash back) which makes it one of the best secured cards in my opinion.
It kind of depends on the gift. There have been a few things that I've regifted over the years: books, movies, CD's, hats/gloves/scarves, etc. Anything I've ever "won" at a White Elephant gift exchange is usually fair game (not this year though - chocolate!).
Wow this article has some glaring factual errors. Most notably: "This is especially beneficial for expectant mothers who intend to quit working after the birth of a child since they could use the entire amount set aside by the employer for hospital expenses and not return to work to pay it back."
If you terminate employment you will owe that remaining FSA contribution amount immediately - it will be taken out of your final check and if that doesn't cover it, you'll have to pay the difference out of pocket. So for example if I set aside 3k in my FSA then spend it all on January 10th then quit January 31st having only made two bi-weekly contributions for $250 total, you're not going to just get to walk away with $2,750. That money is going to come from somewhere - and guess what, it's not your employer and not the government. It's going to come from you.
Poorly researched article. Even if it is 5 years old, if someone stumbles across this, they will be misinformed.
My problem is that the gifts that I don't like/need are rarely things I'd want to give anyone else. But if the gift is something I think another person would want, I'd happily regift. All that matters about regifting is that you honestly think the (new) recipient will like it. And that it isn't the person who gave it to you. That's a biggie.
Yes, but I'm careful about it. I find books are best for re-gifting because my friends/relatives have similar tastes. So if my BFF gives me a fabulous (and often obscure) novel I'll enjoy it and then pass it along to my daughter at Christmas because I know she'll love it, too.
I do not usually regift
We purchased some mouthwash that we hate, and I don't think hubby or I will be able to use it again. I was hoping to find some other uses for it so it isn't just a waste, and this list is phenomenal! Thank you so much!
I bought the wireless version of MJ over a year ago. Each time I call about it they claim their engineers are working on it. This is , to me, fraud. I am about to report them over this. They send you the MJ with the wireless port so you assume it will work but the engineers are still "working on it:.
Oh yes I re gift... Very often but I make sure the recipient will enjoy it more than me. I do not want a clutter of things that I will never use so re gifting is one of the solutions besides donating and it saves me money and time.
So true! I 100% agree with this post...there's no need to waste money on fees like this.
yes i have regifted when i thought the gift was better for someone else than me.
I regift often. The older I get, the more simplified in my life I aim to be. My family has increasingly gifted each other by purchasing or providing a needed service throughout the year. It does save us stress and headaches during the "Christmas rush." Recently, I offered my sister-in-law a full service detail, with claying and wax included for her vehicle. She loved it and it saved her a lot of hassle as well. When Christmas rolls around, the family gathers together for a nice meal with a minimum of stress and less financial burden.
I dump the milk the day before the use-by date -- won't even risk trying it and having that sour taste linger in my mouth. But we've kept eggs in the fridge for MONTHS and never had any problems ...
I regift something if another person would enjoy it more than I would, and I don't regift anything from close friends and family.
And the meanest fee of them all is buying what you just do not need. To fight this just use a shopping list application which is always with you and does not let you forget the rule. for example the one I use https://play.google.com/store/apps/details?id=com.gal.appshoppinglist&hl=en
If I regift, it's usually to Goodwill.
Yes, but let's keep it under wraps!
No. I haven't regifted. I would be too nervous the person would find out.
I wouldn't say I've ever regifted exactly. There's been a time or two when I've received something I didn't have a use for and knew somebody who did. And I've offered them that item. I guess that's kind of regifting, but I've always been very upfront about it to the person receiving, and just offered the item, if they want it.
I re-gift, but only if the person that I am giving it to will really like it and if the person that I got it from isn't likely to find out about it. Otherwise I will just donate it to a thrift store.
Yes - I definitely regift. I'm kinda embarrassed to say it, but I think most people also do.
It's surprising to see none of the cards with no annual fee (Harley Davidson, DCU secured & nRewards secured) not making this list. Especially the HD card since it's backed by US bank.
Also, for those who end up getting the BankAmericard, you can call up and request to be added to their cash rewards program (1-3% cash back) which makes it one of the best secured cards in my opinion.
Yes I do if I find it not useful
I only regift on a rare occasion.
I do regift-I just make sure that the receiver has no connection with the person that gave me the gift! :)
Not typically. Usually if I don't want an item I don't know anyone else who will.
It kind of depends on the gift. There have been a few things that I've regifted over the years: books, movies, CD's, hats/gloves/scarves, etc. Anything I've ever "won" at a White Elephant gift exchange is usually fair game (not this year though - chocolate!).