How Much Should You Spend On A Wedding Gift?
I have a few weddings that I'm attending this year, and once again, I find myself wondering how much is an appropriate amount of money to spend on a wedding gift. I'm so bad at these things! I've been to weddings where I know that I spent way more than I really needed to on a gift. On the other hand, I've also been to some where I wondered if I spent enough. Well, I did a little research, and it turns out that there are several factors to consider, and that rules that were once thought of as a given here no longer apply.
According to an article published by USA Today last year, it's appropriate to spend $50 to $75 for co-workers, distant relatives, and casual friends. $75 to $100 is a good amount for most relatives and friends. For close friends and family members, you should be coughing up $100 or more for a gift.
But there are several other things to consider. An article from the Washington Post suggests that your age is something to consider. While people in their 20s may typically spend less on a gift, people in their 30s or older will generally spend more, considering that they may be financially stable in that point in their lives.
At one point it was suggested that you "pay for your plate," determining what to spend on the gift based on how much your meal at the wedding costs. But that notion appears to be outdated, and simply no longer applies.
How much do you typically spend on a wedding gift? What factors to you consider? Let us know in a comment on the Facebook post!