How Much Money Should You Gift Your Child for Graduation?
Discover the ideal graduation gift amount for your child based on relationships and budget.
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Graduation gifts vary, but a common range is $20 to $100. Closer relationships might give more, while distant acquaintances could give less. Consider your budget and what other relatives may give to maintain consistency. The amount should reflect your pride and support.
FAQs & Answers
- What is a typical range for graduation gift money? Graduation gift amounts typically range from $20 to $100 depending on your relationship with the graduate.
- Should I consider my budget when giving a graduation gift? Yes, your budget is important as it helps maintain consistency with what other relatives may give.
- Do closer relationships warrant higher graduation gifts? Yes, closer relationships often result in larger gift amounts as a reflection of pride and support.
- What are some ideas for graduation gifts besides money? Consider practical gifts like books, tech gadgets, or experiences like tickets to events or classes.