If you haven’t already lined up your Father’s Day gift, you still have a little time, but not much.
First of all, as we always say, honoring Dad doesn’t mean busting your budget. The National Retail Federation says that Americans will spend a total of around $16 billion on Father’s Day. If you have the money, great. But, if you’re like most of us, your budget is tight, and you don’t have very much extra money sitting around.
Remember at the beginning of the year, when we talked about setting your 2019 financial goals? And creating a budget? Hopefully, you remembered to factor in all the holidays and special occasions into your budget. Whatever you set aside for Father’s Day this is what you have to spend. Keep the credit card in the drawer.
If you didn’t remember to plug in Father’s Day spending, use only what you have saved in your discretionary account. Avoid using your credit card unless you can pay off the balance in full when the statement arrives. Remember, one of the best ways to keep or acquire a good credit score is to keep your credit card utilization rate low, pay off the balance when due, and always pay on time.
Finding a gift for Dad can be challenging. Usually, they already have everything. Your task is to find something useful and unique.
Here are 8 Father’s Day gift ideas.
- Like Mom, Dad appreciates your time. This costs you nothing. Make plans now to take your father to do what he loves. This is especially true if your schedule doesn’t allow regular visits with your father. A great gift is simply to spend the day together.
- Reduce Drink Holder and Cooler. If your Dad spends a lot of time outdoors, working in the garden, hiking, or exercising, he will love this lightweight bottle or can holder that not only protects his drink but also keeps it cold. Available on Amazon for less than $20, making this a very affordable gift.
- Omars Beast 26,800-mAh Portable Charger. Does Dad have a lot of electronic gadgets? Smartphone? Laptop or Tablet? Game player? How often do we forget to notice how much time is left on the battery? Or fail to find the charger? This is a portable power bank he can take with him wherever he goes. It will charge all his devices at the same time.
- Escape Room. Have fun with Dad and take him to an Escape Room. Better yet, invite other family members or his friends and make it a group outing. Escape Rooms are themed, so find one that fits the personality of your Dad. If you pay for yourself and Dad, it will cost you around $60 in total. Ask everyone else to pay for themselves. Go to Groupon to find package deals for Escape Rooms where you live.
- FanChest. Is Dad into sports? NHL? NFL? NBA? If so, he will love a FanChest. Each one comes filled with different items representing his favorite teams, such as socks, ties, mugs, hats, signs to put up around the house, and more. Prices depend upon what you order.
- Amazon Kindle Paperwhite. This is Amazon’s thinnest Kindle, with a 300 ppi glare-free display and a built-in light that adjusts to the external environment. The latest model is also waterproof. Dad can take his Kindle with him wherever he goes and read his favorite books.
- Samsung Galaxy Watch. This one is a bit more expensive, but if you budgeted for Father’s Day the Samsung Galaxy Watch is a great gift. It’s a smartwatch but it doesn’t look like one, which is why Dad will love it. There is also a GPS. And, the watch measures calories, heart rate, steps, and sleep patterns. There’s a virtual assistant, so Dad can check his schedule for the day, forward messages, and connect to his smart home devices, such as the thermostat.
- Suncreat 12ft Double Brazilian Wide Hammock. Dad deserves some rest. If he enjoys being in the yard, he will love this hammock, and your budget will love it too. You can find one on Amazon for less than $30. The hammock is easy to carry, so Dad can take it camping, hiking, or on road trips.
At the end of the day, the most important Father’s Day gift is telling Dad how much you appreciate everything he has done for you.