Would you like to bestow luxury gifts on your family and friends but don't feel you can afford it?

It's possible to treat everyone on your list to a luxury gift without spending a fortune. You just have to know where to find great deals on luxury gifts and how to fit luxury gifts into your budget. If you can't afford to give an entire designer ensemble, opt for a less expensive accessory. Instead of a mink coat, try mink fur-trimmed gloves. A trip to a day spa, instead of an all-out spa vacation. You get the idea.

How do you define a luxury gift? Webster defines a luxury as (1) something adding to pleasure or comfort but not absolutely necessary (2) an indulgence in something that provides pleasure, satisfaction, or ease. So you see, it isn't always about the price. A luxury gift can be anything that a person doesn't find absolutely necessary and probably wouldn't buy for himself/herself but would love to receive. It's a special treat. Here are several affordable luxury gifts that are sure to please:

Jewelry and Watches

A piece of fine jewelry or a designer watch are always welcome gifts but may not be in your budget; especially if you have a long gift list. There's still a way to get the glitz for much less than retail. Swarovski crystal is a great alternative to diamonds. Or, you could always visit online discount sites if you prefer the real thing. I recently found a Raymond Weil ladies watch for 35% off retail. I've also seen substantial discounts on premium designer jewelry and watches on auction sites.

Soothe Mind and Body

Is someone on your gift list stressed out? Treat him or her to a spa service such as a massage, manicure, pedicure or facial by giving a gift certificate. These services cost much less than a full spa day and the recipient will still feel pampered.

Bath and Fragrant Products

This happens to be my absolute favorite when it comes to indulgences. High end soaps, shower gels and bubble bath are richer and more luxuriant than the lower end versions. They also last longer and smell better. I love Bath and Body Works products (especially the new Tutti Dolci Apple Torta line).

Cashmere

There's just something about cashmere that says luxury. Maybe it's the feeling of having this ultra-soft wool next to your skin. If your budget won't allow for a sweater or robe, try less expensive items like scarves, gloves and hats.

Silk You can find affordable gifts in this luxurious fabric at online discount sites as well. The prices at these sites are so reasonable, that you could spring for silk pajamas without breaking the bank. You could always opt for silk scarves, pashminas or ties.

Fine Foods

Gourmet gifts are great for the person who has everything because they're consumable. Gourmet foods are generally made of the finest and rarest ingredients and run the gamut from caviar, and lobster to Belgian chocolates. Although some of your recipients wouldn't dream of paying for these gourmet delicacies, they'll be glad you did (or at least they'll think you did). You can impress for less by visiting igourmet.com.

High-End Cookware and Utensils

If someone on your gift list would rather prepare their own gourmet meals, why not arm them with state-of-the-art cookware or utensils. It's not difficult to find top brands such as All-Clad, Cuisinart, KitchenAid and Le Creuset at savings of up to 70%.

Luxury Bedding

Someone who thinks that all sheets are created equal hasn't slept on sheets with a thread count above 400. If you want to give someone a luxurious night's sleep, try sheets with a thread count of 600 or higher. I've found a 1,000 thread-count queen sheet set for $179.00 online - 62% off the retail price.

Maid Service

Wouldn't you feel pampered if someone else handled the house cleaning for you? Give your friend or family member a gift certificate from Merry Maids or Maid Brigade and relieve the recipient of the burden of house cleaning. Service can be scheduled through the companies' local offices. House cleaning gift certificates are available in amounts of $100 and higher.

Present your affordable luxury gift finds in elegant packaging, and the recipients will feel that they've received something truly special.

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