Is this acceptable?

I don’t have much money and I have 7 friends to buy birthday gifts for and now I have a boyfriend. I intend to keep my word that they get $50 from me this year (two of them); but I was thinking that I could save $80 a year if I cut back on close friends’ birthday and Christmas gifts and keep the gift costs at $25-$30, money for a cheaper lunch or dinner. I’m just sick of never having any savings for myself or my retirement.

Is this acceptable?
Post Opinion