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To say that gift hunting can be a challenge would be an understatement. This is especially true when you're shopping for someone you don't really know, so money is often the safest bet. Other times, however, you might want to go the extra mile and pick out a gift card instead. Why should gift cards be given instead of cash? With the help of Bob Jain, you will become familiar with 3 of the biggest reasons to do so.
There are many reasons why gift cards are worth giving, such as the absence of tax. For those who do not know, most gift card purchases aren't taxed. This is a big benefit that's passed along to the gift receiver, since they won't have to worry about covering an additional cost. Gift cards are worth giving over money for this reason, but there are other benefits that the likes of Bobby Jain Credit Suisse can cover.
Another reason why gift cards are worth giving is that they tend to be very specific. What this means is that they are to be spent on specific products, which actually keeps spending more organized. For example, if someone receives a credit card to Starbucks, they won't carelessly spend money on drinks for a while. Gift cards offer quite a bit of convenience, in this respect, and Bob Jain CS would be hard-pressed to disagree.
To wrap things up, gift cards can take on digital forms, in addition to the physical ones most people use now. The reason why this matters is that it adds to the aforementioned idea of convenience. Not only can these gift cards be accessed on different devices - smartphones and computers, just to name a couple of examples - but they take up less physical space as well. This is another great selling point that's worth drawing attention to.
As you can see, gift cards yield a number of benefits that money simply doesn't have to offer. However, this doesn't mean that you should stick to one option over the other, since the idea of the better gift is entirely subjective. Some gift-givers might feel more comfortable with one over the other. With that said, if you're stumped as to which one might be received more favorably, you cannot go wrong with a gift card.
There are many reasons why gift cards are worth giving, such as the absence of tax. For those who do not know, most gift card purchases aren't taxed. This is a big benefit that's passed along to the gift receiver, since they won't have to worry about covering an additional cost. Gift cards are worth giving over money for this reason, but there are other benefits that the likes of Bobby Jain Credit Suisse can cover.
Another reason why gift cards are worth giving is that they tend to be very specific. What this means is that they are to be spent on specific products, which actually keeps spending more organized. For example, if someone receives a credit card to Starbucks, they won't carelessly spend money on drinks for a while. Gift cards offer quite a bit of convenience, in this respect, and Bob Jain CS would be hard-pressed to disagree.
To wrap things up, gift cards can take on digital forms, in addition to the physical ones most people use now. The reason why this matters is that it adds to the aforementioned idea of convenience. Not only can these gift cards be accessed on different devices - smartphones and computers, just to name a couple of examples - but they take up less physical space as well. This is another great selling point that's worth drawing attention to.
As you can see, gift cards yield a number of benefits that money simply doesn't have to offer. However, this doesn't mean that you should stick to one option over the other, since the idea of the better gift is entirely subjective. Some gift-givers might feel more comfortable with one over the other. With that said, if you're stumped as to which one might be received more favorably, you cannot go wrong with a gift card.
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Kindly visit Bobby Jain CS for more assistance with finance courtesy of Bob Jain Credit Suisse.
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