Creating your own unique gift wrap can help you save big bucks. A little forward thinking and creativity can mean big savings on gift wrap. Involve your kids in the process; and you will be teaching them a big lesson on savings.

Stretch out a piece of butcher paper on the kitchen table and let your little Picasso go to work designing wrapping paper for their friend's present. This will mean big savings for you, and your child will be proud to bring his or her friend a present wrapped in paper that he or she made.

If you need something a little more sophisticated for your own friends, try some of these thrifty solutions: Snatch up rolls of wallpaper at thrift stores and yard sales to be used in place of expensive wrapping paper.

Wallpaper is just as pretty as wrapping paper and can be purchased second-hand at a fraction of the price. Wallpaper rolls also contain a lot more paper per roll, translating into even more savings for you. Try this solution and you will find that a 10-cent roll of wallpaper will go a long way towards cutting gift wrap costs.

Kraft paper is another great cost-saving solution. Rolls can be purchased at craft stores and shipping centers at fairly low prices. Left as is or decorated with stamps, you can create the same handmade looks seen in home decorating magazines.

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