Is Money the Best Graduation Gift? Pros and Cons

Discover why giving money as a graduation gift is practical and appreciated by new graduates.

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Money is an excellent college graduation gift because it offers flexibility and enables graduates to invest in what they truly need, be it paying off student loans, renting an apartment, or purchasing professional attire. It’s practical and appreciated, especially as they transition into the workforce and start managing more financial responsibilities. Consider including a personal note to make it more heartfelt.

FAQs & Answers

  1. What are some alternatives to cash as a graduation gift? Consider gift cards, experiences, or practical items that support their career goals.
  2. How much money should I give as a graduation gift? Typically, giving between $20 to $100 is acceptable, but it can vary based on your relationship with the graduate.
  3. Is it appropriate to give money to high school graduates too? Yes, giving money as a gift is also common for high school graduates, especially for college-bound students.
  4. What should I include with a money gift? Adding a personal note or card expressing your pride and encouragement can make the gift more special.