One of the most popular questions on SavingAdvice this time of year is how much money should one give a high school student for graduation.
There are many variables that need to be considered, but there seems to be a basic consensus the right amount of money to give depends on how close the person is to you. The general rule is that the closer a person is to your family, the bigger the gift should be.
How Much Does a High School Graduate Give Anyone You Know?
When you receive an email announcement that someone is graduating from high school, it's important to remember that an announcement is not the same as an invitation. There is no obligation to send the graduate cash or an expensive gift when you can make them a meaningful personal gift, unless you want to (a greeting card or a small gift from Amazon will suffice). If you decide to give something in this situation, cash or equivalent in the $25 – $35 range is appropriate.
Here is an example of a nice little gift. Its a neat little Amazon card in an appropriately themed box.
How Much Money Do You Give When You Are Invited to an Event?
Unlike a graduation announcement, it is considered good manners to give a gift to a graduate when they receive an invitation to graduate from high school whether they attend or not. Again, it depends on how close you are to the person, but a monetary gift in the $25 – $55 range is usually appropriate.
How Much Does a Distant Relative Pay a High School Graduate?
If you received an invitation from a distant relative to attend a graduation ceremony, a cash gift in the $55 range is appropriate.
How Much Do You Give a Graduate Who Is a Close Friend or Relative?
For those close to you who are graduating from high school, a cash gift in the $55 – $110 range is often appropriate. If the person is part of your immediate family, the gift should be appropriate to what your family does in gift-giving situations.
Should I Give Money For Graduate School?
What ibest a gifttogiveaup the school student to complete?
Ingeneral,if you Don't knowia person well,you it can be stickwithmoneyacheckor aa gift card.You it should again bein the middlemindthatthe truthwhatyou searchtogive moneyfor.Ifia person,you searchto do amoney a giftbecause, it is meant to savemoney and use it for further learning in the future,yousend bettermoneyin his bank account; in another way,ifia personIf you want to go to a party or buy some clothes, it's bettergive moneyin the middlemoney.
Fun Ways to Give Money for Your Grade
Finally, you don't have to give your grad an envelope with cash or a check, there are lots of fun ways to give a gift.
Here are some ideas:
- Invest in a photo album full of photos leading up to graduation
- Fold the cash into a flower
- Blow up balloons with money inside
- Give them a calendar with the amount recorded each month
- Provide a piggy bank with bills stuffed inside
- Roll dollar bills and arrange them like a cake. Tie it with a ribbon
- Hide money in a jar full of candy
- Get a box of chocolates and replace the chocolates with cash, like this:
Hat Tip: Life as a mom.
What Should Graduate Earners Do?
For those on the receiving end of cash or graduation gifts, it is appropriate to send a handwritten thank you card for each gift you receive. Even in this day and age of computers, it's still better to send a handwritten card than to say thank you via email or text message.
For more great Savingadvice articles, read these:
10 Best Financial Gifts for a College Graduate
Great Hand Written Thank You Cards
What to Give as a Graduation Gift
(Photo courtesy of m00by)
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