Everyday

Gift Budget Calculator

Plan holiday gift spending.

Enter your values

ⓘ Live results

Results
Per close family member
$100.00
Per friend or other
$50.00
Monthly saving needed
$160.00
Total recipients
12
Weekly saving
$36.95

Quick answer

Divide your total budget by recipients, weighting close family higher, then save monthly to avoid credit card debt.

How to use the Gift Budget Calculator

  1. 1Set a total budget you can afford.
  2. 2Count close family and other recipients.
  3. 3Enter months left to save.

Worked example

Using the values the calculator loads with:

Inputs

  • Total gift budget800 $
  • Close family members4
  • Friends and others8
  • Months to save5

Results

  • Per close family member$100.00
  • Per friend or other$50.00
  • Monthly saving needed$160.00
  • Total recipients12
  • Weekly saving$36.95

Frequently asked questions

What is a normal holiday budget?

US households average about 1% of annual income on gifts.

Should I include wrapping and cards?

Yes — add 10% for wrapping, shipping and cards.

About this calculator

Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.