Monetary Wedding Gift Etiquette
Posted on May 01, 2014 by Tijon Employee
Many wedding guests question themselves if providing a monetary gift or material item is best for the bride and groom. While a bride and groom may think it is rude to ask for cash, it is never rude to give it. In fact, many wedding events have a wishing well table set up to receive monetary gifts. This may leave you wondering now, what amount is the right amount to give?
Establish a Budget
Between the bachelor and bachelorette parties, bridal showers and engagement gifts, a wedding event can seem overwhelming to guests. To ensure you do not empty out your bank account before you know, first stop and plan your overall budget for the celebratory couple. Based on your established budget you should dedicate 20% towards the engagement gift, 20% towards the bridal shower, and 60% to the wedding gift.
How Much Do You Spend?
How much to spend is really based on your current relationship with the bride and groom. The casual acquaintance or neighbors spend between $50 and $75. If you are a distant friend and know the couple, your budget should spend anywhere from $75 to $100 on the wedding present. If you are a relative or friend to the couple, you should set your budget for a wedding gift at $100 to $125. Friends and relatives that are closer to the couple typically set a budget and spend between $100 and $175.
Based on statistics, the average amount spent on wedding gifts from friends is $79, while relatives spend an average of $146. If you are planning on giving the newlywed couple a cash gift, the average amount provided is $150.
Minimum Gift Amount
While the guide above provides a good benchmark to gauge your budget towards, everyone may not be in the same financial situation to afford it. If you want to ensure you do not offend the bride or groom, a good minimum amount to set is $50. This will allow you to provide something meaningful.
Inexpensive Gift Options
For those that find $50 to be too steep, the follow inexpensive wedding gift ideas can provide you with additional options at a lower cost.
1. Gather a selection of kitchen gadgets and gourmet ingredients to put together in a gift basket. Average cost is $20 to $30.
2. Add a special personal touch by framing the wedding invitation with an added poem about marriage or love. Average cost is $5 to $50.
3. Buy a bottle of wine that is aged between 10 and 20 years. Average cost may vary.
4. Put together a tasty romantic dinner kit with all the ingredients. Average cost is $5 to $35.
5. Towels are always a great gift especially when it is combined with some spa essentials or bubble bath. Average cost is $10 to $75.