OK so im a HUGE regifter!!!! to the point where i have a special box of 'present' for those last minute birthdays or financially tight times. If we get given a double (like two of the one thing) i keep on and the other goes in the 'gift' box with a sticky note on it saying who it was from (both people if a double) and what occasion it was given for.

Like someone said i also reuse gifts bags, as soon as the gift is recieved i fold the gift bag neatly so it stays 'new' looking and will resuse wrapping paper if possible (it its creased etc i throw it) i also keep cards and reuse them to make new cards.

So yes re-gifting is fine and acceptable and a great budget saver if you do it properly. i used to just do it haphazardly but when i realise just how much i do it i got organised and did it properly. its also great having that box there for when birthdays come up for people im not that close to or dont know real well. i look in the box first for something suitable and only go shopping if i have nothing. I also do it with buying bargains on special to go in the box ( you know those candle sets at myer selling for $2 cuz they are the last ones!!! great last minute presents!)

so go ahead re-gfit and keep your eye out for really cheap 'anybody' type presents to put away for those last minute ones.