Ask the Readers: Giving Money as a Gift, How Much?

Ask the Readers: Giving Money as a Gift, How Much?

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If you've ever given money as a gift, how much did you give? ; This is a tricky question and probably something that not a lot of people talk about. ; How much money is appropriate as a gift for various occasions? ;

For weddings, we typically give enough to cover the cost of our meal in addition to a monetary gift for the bride and groom. ; For example, if the meal costs around $50 each, and two of us attended, then we would give $200 or so. Does that sound about right? Or what if you were invited to a wedding/reception, but didn't attend? ; How much do you give then if at all?

Birthdays/Christmas, it really depends on the person and how they are related to me. ; Immediate family members get the most, then come good friends, then regular acquaintances. ; I find though as we make more money, the gifts seem to get bigger. ;

New Babies, $40-$50 seems to be a pretty standard gift that we received. ; I'm not sure if this is normal. ; What do you give to new parents?

What rule of thumb do you use for monetary gifts?

Photo credit: Bill in Ash Vegas

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