Frich Reveals: Gift Giving Expectations🎁

The holidays are a time for spending time with your friends and family, cozying up by the fireplace, enjoying those Christmas sweaters, and... also getting a little bit of holiday FOMO.

Whether it’s seeing someone’s amazing travel plans on their grid, or eyeing the cool, new designer bag they got on their story, the holiday season can also be a source of stress. And to add onto that, you also have the stress of gift giving! Worrying about how much money to spend on a present, and for whom, can be a source of added pressure in what should be a joyous time.

At Frich, we want to help you demystify this holiday stress, and help take the pressure off gift giving and how much to spend. So let's dive in ⬇️

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Do you feel pressured to overspend during the holidays?

You’re not the only one feeling pressured to spend during the holidays! Around half of your peers also feel this same pressure. Just remember, you're not the only one feeling like this! May we suggest... bring this up with your friends in an honest conversation around expectations. We're telling you right now that statistically half of your friends can relate to you & will feel relieved that your brought it up. So get cozy, bring some snacks and be honest.

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Have you dipped into your savings to cover holiday spending?

We’re happy that most of the Frichies haven’t been dipping into savings to spend during the holidays! Please share with us what has work best! Did you save up beforehand? Did you cut out unnecessary purchases? Found budget alternatives? Let us know at hello@getfrich.com

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Should you give Christmas gifts to your friends?

If you’ve been wondering who you should give gifts to, 60% of your fellow Frichies think you should give a gift to your close friends only. 20% think it's reasonable to bring a gift only if you're invited to a holiday party, and 20% don't think gifts are necessary amongst friends. Our suggestion? Have a conversation about it! And remember, it’s the thought that counts. A thoughtful gift can be more impactful than an expensive gift💝