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6 Father’s Day gifts with great ROI!

June 18, 2011

Updated: June 17, 2011 10:26 AM EDT

© Hemera / Thinkstock

© Hemera / Thinkstock


By Ritika Puri

It’s tough to shop for dads. While some dads have strong personalities with clearly outlined wishlists, others just aren’t materialistic – at all. Nevertheless, dad deserves a great gift but the very best Father’s Day presents don’t cost a lot of money.

With a little bit of strategic forethought, you’ll be able to give your dad a gift that never stops giving. Here are some ideas that will help your dad save time and/or money over the coming year. As life continuously reminds us, "time is money", so make the most of yours and his with the following gift options.


1. Stocks

Believe it or not, stock is an excellent gift for dads. Whether your dad is a novice or experienced trader, he will appreciate your forethought and the opportunity to engage in this challenging and strategic activity. Take some time to learn about the market, and on Father’s Day, share what you’ve learned with your dad. Make the stock market a fun activity you can pursue together. He’ll love this out-of-the-ordinary gift – especially if you make a winning pick!

2. Computer Battery Backup

This is a great gift for anyone, particularly those who worry about the files stored on their computer. This is particularly true if your dad uses his computer for accounting and banking. Next time the power goes out, your dad will have enough time to save his files.Plus, he’ll think of what a great son or daughter you are every time he does it.

3. Day Trip

Who says that ROI is only about time and money? An often-ignored important
return on investment is happiness. Chances are that your dad would enjoy some quality time with you, so consider organizing a  day trip around his favorite activity, such as golf, hiking or a baseball game. You needn’t spend a ton of money or travel a long distance – just pick something thoughtful you can enjoy together.

4. Kitchen Gadgets

If your dad has a favorite food he often orders in a restaurant, buy him cooking supplies and teach him how to make his gourmet favorites. He’ll be able to make his favorite dishes over and over – and save the cost of eating in a restaurant.


5. A Smartphone

Is your dad still using his outdated flip phone? That phone may have been top of the line back in the day, but the time for an upgrade has definitely arrived. A smartphone will help your dad streamline his busy life, whether he’s out shopping, scheduling appointments, or staying in touch with family. Surprise him, or go with him to the store to upgrade his plan. Help him learn the ins and outs of his new gadget, so that he’s up and running before the day ends.


6. Exercise Equipment or Classes

This may not be a gift everyone would like, but a healthy life is a happy one. Good health also means fewer trips to the doctor. Find an activity or piece of equipment your dad will enjoy – and actually use. Your dad’s health is his biggest asset, so this is one gift with great return on investment for both of you.

The Bottom Line

Time, money, health and happiness are the most important returns on investment. You know your dad best, so you’ll also know what benefits him most. This Father’s Day, think beyond that one day in June to find a gift that keeps on giving year round.

 

Originally posted by Live 5 News, Charleston, SC

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