Crayola Art Set

Art supplies are popular frugal presents for kids. Encourage a child's creative side with a gift of new art supplies packaged in a convenient storage case.
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Children's Book Treasury

While buying individual books can easily get rather expensive, an anthology is a great choice for anyone in search of frugal presents for kids. This comprehensive volume contains 44 different children's classics, including Whose Mouse Are You?, Where the Wild Things Are, and Alexander and the Terrible, Horrible, No Good, Very Bad Day.
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Puppet Making Kit

A puppet-making kit is a wonderful choice for a gift because it's two presents in one. The child can have fun designing a unique puppet, then enjoy putting on a puppet show for friends and family.
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Monopoly

Classic board games like Monopoly are frugal presents the whole family can enjoy. However, it's a good idea to look for games that come in sturdy storage tins that can survive years of frequent use.
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Puzzle Book

Kids who love puzzles will appreciate a book filled with fun activities for them to enjoy.
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Great Frugal Presents for Kids

A bank is a great gift to help promote a frugal attitude for the kids in your life. This update of the classic piggy bank features an electronic counter that lets kids quickly see how much money they've saved.
For more gift-giving tips, please review the LoveToKnow Save article on Frugal Gift Giving.
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