- When trying to figure out how much to give as a cash graduation gift you should only give what you can afford. When going to a graduation you will see someone getting as little as twenty dollars and as much as a thousand. Stay within a budget you are comfortable with and give what you can afford, you do not want to break yourself. They will appreciate what you do!
Giving cash gifts as graduation presents is one of the most popular and practical gifts-plus the gift will definitely get used. Cash can be used for anything from clothes to trips to college supplies and textbooks. If you’re wondering about an appropriate monetary graduation gift, the answer depends on what you can afford and your relationship to the graduating senior. Denominations of $25 to $100 are appropriate. A $50 cash gift is an average. Amounts of $100 are acceptable by close family members or friends, while distant relatives and acquaintances, or those in financial hardship, can give a smaller $20 to $30 cash gift. Most seniors in high school will be grateful for any dollar amount, so don’t think you have to go too big.
Giving a cash gift or a gift of any kind is not an obligation for a graduating senior. A nice congratulatory card is also acceptable. This is especially the case if you live far away or aren’t close to the family. In the same respect, expensive gifts are also not an obligation.Things like fancy cars and plastic surgery graduation gifts might not be the best choices. Most high school seniors don’t have the life experience to truly appreciate large monetary gifts. Plus, the money involved in buying an expensive item is hard to comprehend for a high school student, especially if these gifts come too easily. In the real world, most people work hard to get what they want and reality will eventually settle in. Giving too much money or elaborate gifts gives the wrong impression.
Remember, Cash Gifts will always be appreciated!