What I'm splurging on

4 of 7

Bedroom set

Jenny Chang, 26, and her mother, Joyce Chao, 55, live in New York.

Cost: $500

Jenny Chang: I'm buying my mom a new bedroom set from Ikea. I usually spend on things that are excessive or luxuries, like expensive handbags or spa packages. This year it's something she needs, but it's still the most I've ever spent on a gift. My mom has had the same bed since I was a baby, and now I have graduated and have a full-time job.

NEXT: Apple Macbook Pro

Last updated December 19 2009: 6:15 PM ET

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