Gifts You Won't Believe Are Under $50!

What could be better than a gift that looks very expensive but isn't? From scarves and clutches to sparkly necklaces, check out the season's best picks that will impress your pals without breaking the bank

Credit: Dyad Photography

Published: Thursday Dec 17, 2009 | 05:00 PM EST

ANN TAYLOR LOFT COZY SLIPPERS

Who ever dreamed comfy could be so chic? Ann Taylor's wool slippers are accented with rows of ruffles on the front that are so sweet, we'll understand if you need to buy a pair for yourself, too!

Gift It: Cozy Slippers, $25, at anntaylorloft.com