It'll save you some money, and help save the planet, too. It's still taboo to pass a perfectly good item on to someone else simply because it was given to you first. ... But without regifting, those unwanted gifts will be thrown away or tucked into the back of a closet.

Is regifting good or bad?

It's totally fine to regift—especially if you're trying to hustle after those huge financial goals you set at the new year. But don't let saving money be the only reason you regift something.

Does regifting save money?

Have you ever received a gift that you didn't like? ... Indeed, one of the best ways to get rid of these unwanted gifts is simply to regift them. Yes, give it again as a gift. Not only will that item find a more suitable owner, but you'll also get to save some money.