How to Give Better Holiday Gifts

Research shows that practical, flexible gifts often beat flashy surprises when it comes to long-term happiness.

A growing body of research from behavioral finance experts identifies the kinds of presents that people typically like best and the mental quirks that prevent many people from buying them. Dreamstime/TCA

By Alicia Adamczyk From Kiplinger’s Personal Finance

It may be better to give than to receive, but that doesn’t make picking out holiday presents for your family and friends any easier. Even with all the festive cheer that the season brings, it can be stressful to shop for the perfect gift for everyone on your list if you’re worried the folks you hold near and dear won’t be delighted by what they find under the tree.