We often give money as a gift because we simply can't think of anything better - but it doesn't have to be that way. Giving money can be exactly the right choice, as long as you do it with style.

With a few simple "rules" for giving money as a gift, the recipient will definitely be happy with the present.

Who should you give money to?

Giving money as a gift

As a general rule, you "may" give money to anyone. However, a pure cash gift is a somewhat impersonal present, so for people you are close to, you shouldn't necessarily give only money. Other possible recipients include:
- Coworkers (companies often collect money within the department)
- Newlyweds
- More distant acquaintances (for example, when they have invited you to an event)

When should you give money?

Giving money as a gift

Money is often given as a gift on very specific occasions. At weddings it is even customary to give cash, as long as the couple hasn't asked for physical gifts. Depending on the recipient, money makes a perfectly good gift for the following occasions:
- Birthdays
- Christmas and other holidays
- Anniversaries (wedding anniversaries, years with the company...)
- As a thank-you for an invitation to an event (housewarming parties or any other occasion you were invited to)

How much money should you give?

The value of a cash gift depends mostly on the occasion. The closeness of your relationship with the recipient can also influence the amount. As a rule, the closer the relationship, the higher the gift value should be. Sometimes even certain traditions or rituals that people share play a role - there are said to be families in which a certain minimum amount for birthday gifts is customary. Still, there are a few guideline amounts for cash gifts:
- Weddings: from $50
- Birthdays: from $20
- Contribution to a group gift for coworkers: around $5 on average

While some amounts may seem a bit high, never forget: if you add a physical gift on top of the money, you can of course reduce the cash amount accordingly.

Presentation is everything

Giving money sounds incredibly impersonal at first. But it only is if you hand it over that way. Loose bills in a plain envelope obviously don't make much of an impression. There are many ways to dress up the present:
- Fold the bills into figures or shapes
- Instead of bills, give lots of loose change in a big piggy bank
- Add a few funny suggestions for what the recipient could do with it
- Pick out a nice, fitting card with a built-in envelope
- Jazz up envelopes with stickers or decorations