Britons waste over $4.5 billion a year on unwanted Christmas presents

People are realizing how much we waste on Christmas gifts every year that really don’t cut it. From Reuters:

LONDON (Reuters Life!) – Britons waste 2.3 billion pounds [over $4.5 billion] every year on unwanted Christmas presents, and almost a third of them wind up being sold online after the festive season.

More than three-quarters of 1,400 adults surveyed for charity World Vision said they waste up to 50 pounds on unwanted gifts every Christmas…

The research also shows that more than a quarter of Britons cannot remember what anyone bought them for Christmas last year.

But their alternative isn’t all that good:

But almost 60 percent who waste money on unwanted Christmas presents said they would rather spend that money on themselves than give it to charity.

I think there’s a better idea.