The holiday season always brings warmth and cheer, but it also comes with a familiar challenge: finding the perfect gift. Many of us know the feeling of standing in crowded stores or scrolling endlessly online, trying to choose something special for someone who already seems to have everything. That challenge feels even greater when your loved ones live far away and shipping delays are a concern.
You may worry that a money gift feels impersonal, but the truth is that when given thoughtfully, money can be one of the most meaningful and practical presents of all. In this Remitly guide, we’ll explore why financial gifts are becoming increasingly popular, creative ways to present them, safe methods for sending money, and tips for making these gifts feel personal.
Why money makes a great holiday gift
Money has a reputation for being too practical, but that’s exactly what makes it so useful during the holidays. In recent years, it’s become one of the most appreciated holiday gifts. Here are a few reasons why it’s often a smart option.
Freedom of choice
Unlike clothing, tech gadgets, or home décor, money offers unmatched flexibility—it lets your loved one choose exactly what they need, when they need it. Whether it helps cover a bill, stock the fridge, or fund a well-deserved treat, your gift meets them where they are.
Financial empowerment
The holiday season can be expensive. For many families, an envelope of cash or a digital transfer provides welcome relief. It might cover school expenses, help fund a trip, or even support a savings goal.
Convenience for the gift-giver
Money eliminates the stress of guessing shoe sizes or favorite colors. It’s easy to send, especially when loved ones live in different cities or countries.
Reduced waste
People waste billions of dollars each year on unused or discarded gift cards. Nearly half of Americans have unused gift cards worth an average of $244 per person. But cash avoids this problem entirely—it’s the gift that always gets used.
Creative ways to give money as a gift during the holidays
Giving money doesn’t have to be boring or feel impersonal. With a little creativity, you can turn financial gifts into heartfelt gestures.
1. Traditional cash in creative packaging
Handing over an envelope is simple, but presentation can transform the experience. Arranging small amounts in multiple bills or creative displays can make them feel more substantial.
One fun idea is a money tree, where bills are folded into flower shapes and arranged on branches to create a festive centerpiece. You can also hide money inside a puzzle box or fold bills into origami shapes like stars, hearts, or birds. These creative touches can turn modest cash amounts into fun surprises that feel more personal.
2. Digital gift cards with a personal touch
Digital gift cards are a modern twist on money gifts, and they’re especially convenient for long-distance giving.
To make these more meaningful, choose retailers that reflect the recipient’s interests, like a bookstore for an avid reader or a music app for a budding musician. You can also combine a few smaller cards for variety—such as one for groceries, another for coffee, and a third for entertainment—to show thought and care.
You can also add a personal note explaining why you chose that specific store. A simple note like, “I know how much you’ve been enjoying cooking lately, so I thought this might help stock your kitchen with new ingredients,” becomes a meaningful gesture. Even pairing the gift with a short message can show that the choice was intentional, not last-minute.
3. Experience-based money gifts
Money can also fund memories, not just material goods. Consider tailoring your gift toward experiences, including culturally meaningful or international options:
- Pair cash or a restaurant gift card with a reservation for a holiday dinner, concert, or cultural festival.
- Offer to watch the kids so the parents can enjoy a date night or take that class they’ve been meaning to try.
- Gift money for online workshops or experiences, such as cooking classes from their home country, virtual language lessons, or art courses.
- Support hobbies by earmarking funds for art supplies, music lessons, sports equipment, or travel experiences.
This approach shifts the focus from the amount of money received to the experiences and memories it can create—making your gift feel thoughtful and personal.
4. Investment gifts for the future
Some of the most meaningful gifts are those that grow over time. Contributing to a child’s savings or education fund, investing in a small stock, or helping someone start an emergency fund are thoughtful ways to give money that provide lasting value.
These gifts may not bring instant excitement, but they show your support for someone’s future and can make a meaningful long-term impact.
5. International money transfers for distant family
For families separated by borders, sending money internationally helps maintain holiday traditions, provides essential support, and lets relatives celebrate with dignity.
If your family celebrates with festive meals, decorations, or community gatherings, financial support allows loved ones abroad to participate fully. Sending money is also a way to say, “I’m thinking of you, even when miles apart.”
How to send money safely during the holidays
The holiday season is a peak time for scams and fraud, making it all the more important to use secure money-sending methods. With a few simple precautions, you can help ensure your gift reaches the right person—safely and without hassle.
Domestic money transfers
For domestic transfers, banks remain one of the most secure options, though processing times may take a few days. Digital payment apps, like PayPal, Venmo, or Zelle, are quick and convenient, but they work best when you already know and trust the recipient.
Tips to avoid money transfer scams during the holiday season:
- Double-check recipient information: Always confirm usernames, phone numbers, or email addresses before sending money.
- Watch for suspicious messages: Phishing scams sometimes mimic friends or family, asking you to send money urgently. Take a moment to verify the request in person or via a trusted channel.
- Avoid unknown platforms: Unfamiliar or unverified platforms can put your funds at risk, so it’s best to stick with trusted services.
Following these precautions can help your domestic transfers feel safe and stress-free.
International money transfers
Sending money internationally comes with extra considerations. Using licensed, regulated services helps ensure your money is protected—and that you get full transparency on fees and exchange rates. Keep in mind that the option with the lowest fees isn’t always the best deal once conversion rates are factored in.
Tips for smooth international transfers:
- Plan around holidays: Banks and financial institutions in your recipient’s country may be closed during local and national holidays, which can delay delivery. Check the calendar before sending.
- Monitor exchange rates: Currency fluctuations can affect the final amount your recipient receives. Consider timing transfers to maximize values.
- Check delivery speed and tracking: Some services send money instantly, while others take several business days. Reliable providers outline transfer times clearly and offer secure tracking options.
- Look for safety features: Encryption, two-factor authentication, and fraud protection are essential.
Using a trusted provider can make international transfers smoother and more secure. Services like Remitly are widely used by immigrant families worldwide to send money quickly, safely, and reliably, helping loved ones receive their holiday gifts on time.
Making money gifts feel personal and thoughtful
Gifting money doesn’t have to feel impersonal. A handwritten card can add warmth and connection. Something simple, like, “I wanted to help you plan your next adventure,” transforms your gift from a transaction into a thoughtful gesture.
You could also create a themed package around the funds. For example, if the money is intended for an upcoming trip, you might pair it with a passport holder, luggage tags, or travel-sized cosmetics. A small touch like this shows thoughtfulness and intentionality, making your gift feel personal, meaningful, and memorable—even when you’re far apart.
Pairing cash with a small gift, such as a holiday ornament, photo frame, or favorite book, can help balance the practical with the sentimental. For recipients from different countries or cultural backgrounds, adding items that reflect their cultural traditions makes your gift even more personal.
These thoughtful touches show intention and transform a simple transfer into a meaningful, personal gesture.
Common mistakes to avoid when giving money
There are a few common pitfalls to keep in mind to ensure your money gift is thoughtful and secure.
Using unregulated services
It may be tempting to choose the cheapest option, but relying on unfamiliar or unregulated transfer services can put your funds at risk. It’s safer to choose licensed providers with transparent fees and strong security protections.
Overlooking fees and exchange rates
When sending money abroad, fees and exchange rates can significantly reduce the amount your recipient actually receives. Compare providers and review the details before confirming your transfer.
Waiting until the last minute
Last-minute transfers can lead to delays or limited delivery options, especially around the busy holiday season. Planning ahead ensures your gift arrives on time.
Ignoring tax considerations
In the US, most holiday gift giving won’t trigger taxes. For 2025, you can give up to $19,000 per recipient without filing a gift tax return. Only large gifts above this threshold require reporting, and even then, they count against a lifetime exemption of nearly $14 million. For most holiday giving, taxes won’t be an issue, but if you’re making a substantial transfer, check with a tax professional.
Giving without context
Giving money without any personal explanation can feel cold. Including a short note goes a long way in making your gift feel warm and thoughtful.
Give the gift of financial freedom this holiday season
Holiday giving isn’t about how much you spend, but about the thought and care behind your gesture. When presented with intention, money gifts provide both practical help and heartfelt connection. They can ease financial pressures, create memorable experiences, or invest in someone’s future.
As you prepare for this holiday season, think about your loved one’s needs and circumstances. Plan transfers early, choose safe and reliable methods, and add a personal touch that shows your thoughtfulness. Remember, your gift has the power to strengthen bonds and bring real value to the people you care about most.
FAQs
Is it appropriate to give money as a holiday gift?
Yes, surveys show that many people prefer money to physical gifts. It’s practical, versatile, and especially thoughtful when paired with a personal note or creative presentation.
What’s the safest way to send money internationally during the holidays?
You can use licensed and regulated services that clearly show fees and exchange rates. Look for features like encryption, fraud protection, and reliable customer support.
How much money is appropriate to give as a holiday gift?
There’s no strict rule. It depends on your budget and your relationship with the recipient. Even a small amount, when given thoughtfully, can feel meaningful.
What are the tax implications of giving money as gifts?
In most cases, holiday money gifts won’t trigger taxes. In the US, gifts under $19,000 per person are excluded. If you’re planning a significant transfer, it’s wise to review local laws or check with a tax professional.
How can I make a cash gift feel more personal?
Include a heartfelt card, pair it with a small item, or use creative wrapping to show thoughtfulness.
What should I avoid when sending money abroad?
Avoid unverified services, waiting until the last minute, and overlooking fees or exchange rates that reduce your gift’s value.