4 Luxury Christmas Gifts the Wealthy Are Buying This Year — and 8 Cheaper Alternatives
Written by
Heather Altamirano
Edited by
Angela Corry
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The holiday season is here, and while it’s a fun few weeks of parties, spending time with loved ones, and overindulging on delicious meals, it can also be financially stressful. Budgets can take a big hit after buying gifts for family, friends, and co-workers, especially for those on your list with expensive tastes.
But luxury presents don’t have to cost a fortune.
Instead of splurging on a pricey gift, stretch your dollar further with a cheaper option. Here are five luxury items wealthy people are buying this year and cost-effective alternatives.
Faux Fur Blanket
Whether it’s movie night or curling up with a good book, everyone loves a comfy, warm blanket.
There’s no shortage of soft and snuggly blankets, but the Cuddle Blanket priced at $306 from Cozy Earth is a celebrity favorite and getting a lot of buzz this year as a go-to gift for its plushy hug-like feel.
However, savvy shoppers can get the same quality, look, and feel with the Pretty Rugged City Mink Long Lap Blanket, priced at $150. Crafted from soft faux fur on one side and a windproof and waterproof satin material on the other, the blanket is ideal for indoor or outdoor use. Plus, it’s designed with a pocket perfect for keys, a wallet, a book, or a tablet. For a special touch, you can also have it monogrammed for an additional $15.00.
Another cheaper option is the Madison Park Marselle Oversized Faux Fur Throw Blanket at Kohl’s. It’s on sale now for $19.59 and comes in various colors.
Robot Vacuum and Mop
A robot vacuum and mop help make cleaning easy, and they are a dream come true for many, but can come with a hefty price tag. The Narwal Freo X Ultra Robot Vacuum & Mop is earning high praises on luxury holiday gift guides and is priced at $1,399 on Amazon. While there are likely to be deals before Christmas, there are cheaper choices like the iRobot Roomba Combo i5+, which self-empties and is app-controlled. It’s currently on sale for $299.99 at Target.
The AIRROBO Robot Vacuum and Mop Combo is another alternative on sale at Amazon for $349.99, plus there is a $70 off coupon that reduces the price to $279.99. Designed to self-empty and run remotely, by an app, or with Alexis, the robotic combo is ideal for vacuuming pet hair and on carpets and switching modes to clean hard surfaces.
Diamond and Gold Cuff Bracelet
A diamond and gold cuff bracelet is a timeless piece that instantly elevates any outfit.
The Ring Concierge Diamond Claw Cuff is a luxurious item that made Forbes holiday gift guide. Whether worn alone or stacked with other bracelets, it’s stunning but costs a shocking $1,698.For budget-conscious shoppers, Macy’s has a 14k gold and diamond cuff bangle bracelet on sale for $560 until November 30th. Another low-cost option is the beautiful and versatile silver and diamond bangle bracelet from Ross and Simmons, which is on sale for $151.05.
Massage Gun
Feeling stressed out or sore but don’t have the time or money for a massage? A massage gun could do the trick. The percussive device can help relieve pain, help you relax, and reduce the recovery period from a workout. But some can be costly.
The TheraGun Pro Plus 6-in-1 Deep Tissue Percussion Massage Gun is a hot item this season, but it retails for $599.99. However, there are much cheaper ones, like the HoMedics Active Fit Prime Percussion Massage Gun, available at Walmart for $47.98. The cordless device has five different speeds and 2.5 hours of battery life. Another choice is the Elefor Massage Gun, which offers 10 different massage heads that hit different muscles to help you relax and release stress. The item is on sale now at Amazon for $24.98.
No matter who you’re shopping for this season, there are plenty of deals and dupes, so you shouldn’t have to pay full price for high-end luxury items. Happy savings.
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