Regiftable.com: Web Help For All You Re-Gifters

Michael Santo of RealTechNews writes:

Regifting has a rather tainted image, though I’m sure you’ve seen it on TV where say, Peter gives a painting from his in-laws he really hates to say, Quagmire (doubt this really happened, but something similar has probably happened, knowing Family Guy). In other words, regifting is that time-honored tradition of taking a gift you received, and packaging it up as a gift for someone else. Now, for you regifters, there’s a Web site dedicated to regifting and to the question: is this tacky or savvy?

That’s the debate underway at regiftable.com, a new Web site created by Money Management International, a nonprofit organization based in Houston that does consumer education and financial counseling.

MMI created the site because “whether or not you’re a fan or a foe, regifting has become a phenomenon,” said MMI spokeswoman Kim McGrigg. And it does constitute a spending alternative as the holiday season approaches. [Source: Yahoo! News]

We Say: Not totally altruistic, as obviously MMI would like you to take a look at its other “offerings,” but still… on the other hand, what do you RTN readers think of regifting?

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[tags]regift, holiday season, christmas, regiftable.com, Money Management International, mmi[/tags]