Here's afew pictures of my gift closet........
The very reason I stockpile a gift closet is so I will not have to be out an arm and leg when the need arrives and trust me it will arrive.
I buy gifts all year long, not just for birthdays and such but also for Christmas. I buy new things at yard sales and thrift stores. I also love clearance racks. After Christmas and after Thanksgiving Sales are good places as well.
I am not a crafty person by far, but I make gourmet mixes as a second income so I love to give those. I also do a lot of canning. Those types make wonderful homemade gifts. I get most of my baskets and other fillers at the Dollar Tree and yard sales.
I keep a card box as well. In there you will find birthday, blank, sympathy, anniversary and baby cards. I keep gift wrap and bags for all occasions as well thanks to the Dollar Tree. I recycle gift bags and bows as well by reusuing them.
I love freebies and have received some great ones for gifts. Some (freebies) of what I have given for gifts is books, cd's, stuffed animals and note cards .
I keep on hand at all times:
baby gift (one for boy and one for girl)
coloring books and crayons
bath and body products
gift sets of various types
crystal serving dish and/or crystal salt and pepper shakers
I also keep a lot of toys for my boys in there.
I like CVS for their cosmetics, bath and body products as well as their gift sets. Now, I only buy when I have Extra Care bucks, coupons and those products are clearanced or very much on sale.
The Dollar Tree also has great bath and body products. I like the semi-annual sales at Bath & Body Works. I always try and combine store coupons with sale and clearance items.
Some people keep a list of products. I don't, everything is pretty well visible for me in my gift closet. My gift closet is in my master bedroom closet/dressing area. We had the extra space and it just worked for us.
If you have a trunk you could use it for your gift stash or a spare closet, under the bed, etc. Do whatever works for you.
I hope this helps and explains how we stockpile gifts at our house. Stockpiling saves us tons of money and time, you do need a little space though! Many blessings on your journey!