Be prepared for any occasion by planning and maintaining a well-stocked gift closet.  This will be your area to keep planned presents for scheduled holiday exchanges.  You will also want to stock for unplanned birthday parties and just-because-I-like-you gift opportunities.

Keep a list with you of planned gifts you’d like to buy.  Watch for the best prices year-round and store them away until the time is right.  Be ready to take advantage of clearance deals to keep your stockpile loaded with fun gifts for those impromptu moments.

Here are some other great tips to help you prepare your gift stockpile.

Photo courtesy of Chewing the Cud.

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