Ever spent hours searching for the perfect present, only to see it returned, re-gifted, or left unused? You’re not alone—finding the right gift can be stressful during holidays and special occasions. That’s why money gifts are gaining fresh popularity as a practical alternative. In fact, a recent survey found that 61% of people would rather receive cash gifts than traditional gift items.
While for some, giving money used to be seen as impersonal, attitudes have shifted. Today, cash presents are viewed as practical, flexible, and often more thoughtful than a generic gift. We’ve created this guide at Remitly to show you why financial gifts work so well, how to give money as a gift with meaning, and situations where cash presents can be most helpful.
The practical benefits of money gifts
Two big benefits of cash gifts are that they remove the guesswork and cut down on waste from unwanted items. There’s no need to worry about the wrong size, color, or style. This makes cash gifts practical for the giver and means the recipient has something they can use.
Even better, money presents let your loved ones focus on what matters most to them:
- Covering essentials like bills or everyday expenses
- Building for the future by saving or investing
- Creating lasting memories through experiences, travel, or special outings
Another benefit? Fewer returns. Data from the National Retail Federation show that return rates during the winter holidays were expected to be 17% higher than their annual return rate in 2024. That’s millions of presents exchanged or unused. Giving money gifts can help ensure your effort goes directly towards something valuable.
For example, imagine a young professional receiving cash instead of kitchen gadgets they don’t need. With that money, they could invest in a career course or plan a meaningful trip, options that feel far more personal than another appliance on the shelf.
When money gifts make the most sense
Sometimes, giving cash isn’t just practical—it’s the most thoughtful choice. Let’s look at the occasions when money could make the most sense as a gift:
Weddings and major life transitions
Weddings, new homes, and big milestones often come with a flood of expenses. From household essentials to offsetting expenses, cash gifts give couples the freedom to spend where it matters most. Instead of guessing which decor they’ll actually use, you’re letting them choose what fits their lives best.
College students or young adults starting out
The first years of independence can be expensive, with rent, textbooks, transport, and setting up a first apartment adding up quickly. Cash gifts help students and young professionals handle real-world needs directly, instead of ending up with items that might not fit their lifestyle or taste.
Loved ones living abroad
Shipping gifts internationally can be costly, slow, and unpredictable. Cash gifts mean your support arrives quickly, and the recipient can use the money locally in a way that makes sense.
Unexpected challenges
Life can sometimes throw curveballs like medical bills, urgent travel, or unexpected home repairs. In these moments, cash gifts provide immediate relief, helping recipients in times of need.
Recipients with unique needs or hard-to-predict preferences
Some people have unique tastes, specialized hobbies, or specific interests that are hard to shop for. Cash gifts give them the freedom to choose something truly useful or meaningful.
Cultural shifts around cash gifts
Attitudes toward giving money as a gift have shifted in recent years, shaped by changing generations, economic realities, and cultural traditions.
- Generational attitudes: Many younger people—especially millennials and Gen Z—view cash gifts as practical and thoughtful rather than impersonal. They appreciate the flexibility to make choices that suit their lifestyles and priorities.
- Economic factors: With rising inflation and higher cost of living, people increasingly value money gifts that can cover essentials, support savings, and fund meaningful experiences instead of physical items.
- Social media and registries: Online platforms and digital registries have helped normalize cash contributions. Whether through wedding registries or shared wish lists, requesting and giving money is now easier than ever.
- Cultural traditions: In many cultures, cash gifts are long-standing traditions used to celebrate weddings, festivals, and milestones. These practices emphasize generosity and support rather than material possessions.
Together, changes show that cash gifts have evolved from being a last resort to a widely respected way of showing generosity.
How to give money gifts thoughtfully
With thoughtful presentation, money gifts can feel unique and genuinely appreciated. Here are a few ways to make it special:
Present the gift in a meaningful way
How you present a money gift can determine how it’s received. Instead of simply handing over cash, use a personalized card, decorative envelope, or creative packaging that suits the recipient’s personality or the occasion. Even something small, like a keepsake box or a decorative money holder, shows extra thought and makes the moment more memorable.
Include a heartfelt message
A short, sincere note can transform cash presents into something special. Share why you choose to give cash, whether it’s to support a goal, celebrate a milestone, or give them the freedom to decide. This shows the recipient the thought behind your choice.
Consider digital options
Digital transfers make it easy to add a personal touch to money gifts. Many apps let you include a custom message, photo, or digital card, so the gesture feels more thoughtful and memorable.
Time the gift for maximum impact
Timing makes a big difference. Giving money on the day of a birthday, wedding, or holiday ensures your recipient receives it at the right moment. If your recipient lives abroad, remember to account for time zones and local bank holidays to avoid delays.
Add small personal touches
While the main gift is money, a few thoughtful extras can elevate it. A handwritten note or a small charm can add warmth without overshadowing the practicality of the gift. These personal touches show you see and appreciate the recipient, making your gesture heartfelt.
Addressing common concerns about money gifts
Now that we’ve looked at how to give cash presents, let’s tackle some of the common worries you might still have about giving money:
Appropriate amounts for different relationships and occasions
Deciding how much to give depends on your relationship with the recipient, the occasion, and your own budget. For close family or major milestones, larger amounts that provide real flexibility may feel appropriate, while for friends, colleagues, and acquaintances, smaller, symbolic amounts can still show thoughtfulness. The most important thing is to give what feels comfortable for you.
Money gift etiquette in professional settings
Giving money at work, whether to co-workers, mentors, or clients, requires discretion. When appropriate, stick to modest amounts and present the gift in a professional manner, such as a card with cash tucked inside or as part of a group contribution. Avoid drawing attention to the amount or making the gesture feel transactional. The focus should always remain on appreciation and goodwill.
Handling group contribution
Pooling money with friends, family, or co-workers can be a great way to give a more impactful gift. To keep it smooth, choose a person to collect and present the money on behalf of the group. Including everyone’s name on a card or note ensures the gesture feels collective and inclusive, while still keeping the presentation thoughtful.
Cultural sensitivity when giving cash gifts
Cultural traditions around money gifts vary, and understanding the recipient’s background helps you avoid missteps. For example, in China, cash presents are traditionally given in a red envelope. In other cultures, certain numbers are considered lucky or unlucky. Taking time to research these customs shows care and respect.
Safe and convenient ways to send money gifts
Sending a money gift is simple, and the right method ensures it’s secure and hassle-free.
Traditional methods vs. modern alternatives
Putting cash in a card or writing a check is a classic approach, but these can get delayed in the post or could get misplaced. However, digital transfers deliver funds quickly, allow you to send money from anywhere, and many let you track the process in real time. For most occasions, they’re a safer and more reliable choice.
Benefits of digital money transfer services for long-distance gifting
When your loved ones live far away, digital services make things simple. You can send funds instantly or set them up in advance, add a personal message, and even receive confirmation once the gift arrives. It’s a convenient way to ensure your gift is timely, without the hassle of mailing cash or checks.
Security considerations and best practices
To keep the money safe, double-check the recipient details and stick with trusted, regulated providers. If you’re sending money digitally, protect yourself by using strong passwords, turning on two-factor authentication, and avoiding public Wi-Fi. These simple steps go a long way in keeping your gift safe from mistakes or fraud.
Tips for international money gifts and currency considerations
For cross-border financial gifts, take a moment to review exchange rates, fees, and whether the recipient needs the money in a specific currency. Digital transfer services often offer competitive rates and quicker delivery than traditional banks. By planning ahead, you’ll make sure your gift keeps its full value and arrives right on time.
Embracing practical generosity
Money gifts bring value because they’re practical, flexible, and useful. They let your loved ones decide what’s most important, whether that’s paying bills, saving towards a goal, or enjoying a special experience. By focusing on their needs instead of traditional expectations, your gift shows thoughtfulness in a way they’ll genuinely appreciate.
Add a personal touch, and cash presents feel even more special. A handwritten note, creative wrapping, or a small keepsake can turn money into a meaningful gesture. For birthdays, weddings, holidays, or life milestones, cash is a thoughtful choice. It combines convenience with care and gives your loved ones the freedom to use it where it matters most.
FAQs
Is it rude to give money as a gift?
No. If you do it with care, cash can be a thoughtful gift. Pairing it with a personal note or creative packaging shows care and makes the gesture meaningful. Adding a bit of context, like supporting a goal or celebrating a milestone, makes it even more personal.
How much money is appropriate for different occasions?
There are no strict rules. It depends on your relationship, the occasion, and what you’re comfortable with. Larger amounts may feel more fitting for major milestones for close family, while for friends, co-workers, or casual occasions, smaller amounts are perfectly appropriate. You can also join a group contribution to make a bigger impact without overspending.
What’s the best way to present a money gift?
Use a personalized card or decorative envelope to make the cash present feel special. If sending digitally, add a personal message or e-card so it carries a thoughtful touch. Even a simple gift becomes more memorable when presented with care.
Are there cultural considerations when giving cash gifts?
Yes. In some traditions, certain denominations or envelopes carry symbolic meaning, while others avoid numbers considered unlucky. If you’re unsure, ask someone familiar with the tradition or do a quick check online to ensure your gift is thoughtful and respectful.
Is it safe to send money gifts internationally?
Yes, when you use reputable transfer services. Always verify the provider, double-check the recipient details, and check currency options to avoid surprises. Many services also offer tracking and delivery notifications, giving you and the recipient peace of mind that the gift arrived safely and on time.