It’s graduation season, and that means it’s time to start thinking about how much money to give the graduate in your life.
It’s always difficult to know how much money to give someone for a special occasion like graduation. On one hand, you want to be generous and show your support for their accomplishments. On the other hand, you don’t want to break the bank. While there is no set amount that you should give, there are a few factors to consider when making your decision.
What is etiquette for graduation gifts?
First, think about your relationship to the graduate. If you are a close family member or friend, you may want to give a larger amount than if you are simply an acquaintance. The amount of money to give someone for graduation depends on a variety of factors, including the relationship between the giver and the graduate, the financial circumstances of the giver, and the degree of achievement of the graduate.
For close family members or friends, it is common to give a larger amount of money, as this is seen as a significant milestone in their lives.
What is the Meaning Behind the Graduation Owl?
For those who are less close to the graduate, a smaller amount of money may be appropriate. Those who are struggling financially may want to give a smaller amount or even a symbolic gift, such as a book or an item that represents the graduate’s future plans.
Ultimately, it is important to give what you can afford and what you feel is appropriate for the relationship and the achievement.
What is a typical graduation gift amount ?
A good rule of thumb is to give an amount that is meaningful to you without breaking the bank.
For example, if you can afford it, giving a graduate $100-$200 dollars is generally considered appropriate.
Of course, if you are on a tight budget, giving a smaller amount like $20-$50 can still be meaningful.
Whatever amount you choose to give, be sure to add a handwritten note congratulating the graduate on their achievement. This will be much appreciated and will help to make your gift even more personal and memorable.
Second, consider the graduate’s financial situation. If they are already burdened with student loans or other expenses, a smaller gift may be more appropriate.
Finally, think about what type of gift the graduate would prefer. Some graduates prefer cash so that they can put it towards their goals, while others may prefer a more personal gift that they can keep as a memento of their achievement. Whatever you decide, remember that the best gifts are those that are thoughtful and tailored to the individual.