Whether it’s a gift closet or gift trunk, this secret supply will make you look good whenever you forget a special date. Not that you’d forget. Ever. Sorta.

Quick question:

When is Friendship Day?

If you answered, “There’s a Friendship Day?” you have a special place in our heart. But World Friendship Day is real, celebrated the first Sunday of August, and just when you’re sure nobody knows about it, someone will surprise you with a gift.

That’s when you’ll wish you had a gift stash to raid.

What’s in a gift stash?

All-purpose gift items that you’ve picked up all year long—especially at sales—to have on-hand for special occasions or last-minute hostess gifts.

You might find something special for someone in particular but you’ll also want items that can be given to a range of people—neighbors, co-workers or teachers—so you’re prepared for any event from birthdays to parties, from Bosses Day (October 16) to Administrative Professionals Day (April 21).

Need more ideas? See our latest gift suggestions. And be sure your supply includes wrapping paper, bags, bows and blank cards so you can put together a pretty gift with a personal message, all in zero time.

Where do you keep it?

This doesn’t have to take up a lot of space. A trunk or cabinet can hide your gifts. Look for a bin that can slide under a desk or bed. Even a laundry basket in the corner of a closet can hold a good-sized supply.

The key is to keep it all in one place so you can get to it fast. Like when you’re on the way out the door. Or when someone drops by on Friendship Day.