Survey data reveals nearly half of teens are afraid to ask for expensive gifts; and would prefer charitable donations on their behalf to gifts they don’t want
This holiday season DreamFund.com, the circle giving platform for important dreams, conducted a survey issued to over 200 parents and 500 teenagers, asking their thoughts on gift giving and receiving. Today they announce the survey data, which revealed the following:
Teens don’t feel like they can ask for what they really want: 49% of teens said they have been afraid to ask for what they really want for fear that it is out of their parent’s price range.
Gift suggestions and money are welcome: 85% of parents are willing to buy a gift that someone has specifically asked for and 64% of parents agree that money is a great gift.
Charitable donations are better than an unwanted gift: 51% of teens and 47% of parents said they would rather someone give money to charity than buy them gifts they don’t really want.
Saving for big purchases is a challenge: 44% of teens and 55% of parents say that they put off saving for big purchases longer than they should.
Teens and parents are equally willing to support their loved ones: Over 61% of teens and 63% of parents would likely contribute to a friend or family member saving money for something important.
The recent research shows teens and parents are less interested in getting an abundance of “stuff” and more interested in giving and receiving meaningful gifts that will be remembered for a lifetime. With a savings and crowdfunding platform like DreamFund.com, teens have the freedom to ask for what they want and parents have a way to make it happen.
“DreamFund.com enhances the gift giving experience by allowing parents and teens to donate towards big ticket items that would otherwise not be affordable,” said DreamFund.com co-founder and CMO Peter Crosby. “By asking their circles – family, friends, loved ones, etc. – teens can receive the one big gift they truly want.”
This holiday season, DreamFund.com is a perfect alternative gift-giving platform for families that want to give and receive in a meaningful way. DreamFund.com allows parents and teens to make holiday gift giving a more rewarding experience for everyone involved.
DreamFund.com is the circle giving platform for important dreams. Through the Dreamer’s circles — family, friends, community, groups, etc. — DreamFund.com helps people of all ages raise and save the money they need for life-changing experiences, meaningful causes, and awesome purchases. DreamFund.com is the first and only crowdfunding site to offer the convenience of an FDIC-insured savings account, so not only can users raise money, they can save for even their biggest dreams.
Founded in 2013, DreamFund.com is headquartered in Wellesley, MA.