There is no definitive answer to how much money to give as a grad gift. It depends on your relationship with the person, how close you are, and what you can afford. A nice gesture would be to give an amount that would cover the cost of their graduation party or a small portion of their tuition.
Whatever you decide, make sure it is something that you are comfortable with and will not put a financial strain on yourself.
When it comes to giving a graduation gift, money is always a safe bet. But how much should you give? That can be a tough question to answer.
Here are a few things to consider when deciding how much money to give as a graduation gift. The first thing you need to think about is your relationship with the graduate. If you’re close family or a good friend, you’ll probably want to give more than if you’re just an acquaintance.
A nice rule of thumb is $20 for every year of schooling (so $20 for someone graduating from high school, $40 for college, etc.). You also need to consider your own financial situation. If you can’t afford to give a lot, don’t worry – any amount is appreciated and will be put to good use by the graduate.
A little goes a long way! Finally, think about what the graduate might need or want. If they’re headed off to college or grad school, they might appreciate some help with tuition or books.
Or if they’re starting their career, maybe they could use some help with moving costs or getting started with their professional wardrobe. Whatever you decide, make sure it’s something that will be meaningful and useful for them in this next phase of their life.
Average Cash Gift for High School Graduation
When it comes to high school graduation, the average cash gift is $51. While this may seem like a small amount, it actually adds up when you consider that most people give multiple gifts. So, if you have 10 people who each give you $51, that’s a total of $510!
Of course, there are always those who are generous and give more than the average. And then there are those who can’t afford to give anything at all. But the average cash gift is a good starting point when considering what to give your graduate.
If you’re not sure how much to give, consider what your budget allows and what would be meaningful to the graduate. A little goes a long way, so even a small gift can be appreciated. Whatever you decide, just know that your thoughtfulness will be remembered long after graduation day!
How Much Cash Do You Give for a 2022 Graduation Gift?
When it comes to graduation gifts, cash is always a safe bet. But how much should you give? Here’s a look at what’s appropriate for 2022 graduates.
For high school graduates, $20 is a nice gesture. For college graduates, anywhere from $50 to $100 is appropriate, depending on your relationship with the graduate and your budget. If you’re looking for something more personal than cash, consider giving a gift that will help the graduate in their next phase of life.
A gift card to a favorite restaurant or store can be used to celebrate after all those years of hard work! Alternatively, if you know the graduate will be moving out on their own, consider giving them a gift that will help them set up their new home – think cookware or bedding. Whatever you choose, make sure it comes from the heart!
How Much Money Should You Give for a High School Graduation Gift?
It’s always tough to decide how much money to give as a gift, especially when it comes to an event like a high school graduation. You want to be generous enough to show your support and appreciation, but you don’t want to break the bank either. So how much is appropriate?
A good rule of thumb is to give around $20 to a close friend or family member, and $10-$15 to someone you’re not as close to. Of course, this is just a general guideline – you may want to adjust based on your own relationship with the graduate and your budget. If you’re really struggling to decide on an amount, consider giving a gift card instead of cash.
That way, the graduate can choose what they’d like to spend the money on. Whatever you decide, just remember that it’s the thought that counts!
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Conclusion
There’s no set amount of money you should spend on a graduation gift, but there are a few factors to consider when deciding how much to give. The type of relationship you have with the graduate, their financial situation, and your budget are all important things to keep in mind. A thoughtful gift that is personal and meaningful will be appreciated more than an expensive one.
If you’re close to the graduate, like a parent or sibling, you may want to give a more significant gift. If they’re struggling financially, you could also consider giving them a monetary gift or helping them with expenses related to their new job or apartment. Whatever you decide, make sure it’s something they’ll appreciate and find useful.
