Giving cash as a gift often gets a bad rap because it is not something that is considered personal or chosen just for that special someone.
For many, giving cash may feel like a tacky cop-out gift. Like it is something that we give so we don’t have to take the time to find the perfect gift but, in many circumstances, cash can make the best gift.
Today more and more people are giving cash instead of gifts and there are some very good reasons to do so.
Should I Give Cash or Presents?
When it comes to choosing whether to give cash or presents to your loved one, there are a few things you may want to consider.
First, what age is your gift recipient? You will want to ask yourself if they are old enough to know what do to with cash. Babies and very young children can’t use cash so purchasing a gift may be the better option.
Second, what is their financial situation? If your gift recipient is well-off and doesn’t need cash, gifting more money probably isn’t the best idea.
Third, are they friends or family? Many believe that it is better to give family cash instead of friends but that is completely up to you.
Fourth, are they one of those extremely sentimental types? If your gift recipient is very sentimental, a well-thought-out gift is probably a better option than giving cold hard cash.
Fifth, what is the occasion? Giving the gift of cash is okay for holidays and certain special occasions. It is a popular choice for holidays like Christmas, Easter, and weddings. If you think about it, receiving cash on a holiday like Valentine’s Day, the holiday of love, may not be the best gift to give!
Reasons Cash Make the Best Gift
If you have considered giving cash as a gift this year, there are many reasons why it will make the best gift.
- The Gift Recipient Will Have the Option to Purchase What They Want.
If you aren’t sure what your gift recipient would want for Christmas or if they haven’t made up their mind, giving them the gift of cash will allow them to spend it on whatever they want. That is better than giving them something generic or something that will just be stored away and never used. They also can’t return it or regift it.
- It Saves You Time During the Holidays.
Christmas shopping with a busy schedule can be challenging. You may not be able to find much time to go out and find a present and in this case, giving them cash could be a good option.
- Cash is Good for Tweens and Older Children.
You may not know exactly what they want, or you could have no idea what they are talking about when it comes to the things they want. In these cases, giving cash can be your best bet so that you don’t purchase the wrong item.
- Cash is a Great Last-Minute Gift.
If you have run out of time when it comes to shopping or have to unexpectedly find a gift for someone you know, cash is a great last-minute gift that you can give. All you need to do is put the cash inside of a card and your gift is ready to go.
- Giving Cash is Less Wasteful.
When it comes to giving cash as a gift, all you need to do is place it in an envelope and hand it over. There is no wrapping paper or special gift wrapping needed and the envelope is paper so it can be recycled, making it less wasteful.
- Cash is Great for Picky People.
Do you know that one person that is so picky it is hard to find the perfect give? Well, for those picky family members, cash may be the best way to go.
- It is Easy to Transport.
When you give the gift of cash, there is no need to worry about hauling a ton of packages with you when you go to visit during the holidays. All you need to do is place the cash in an envelope or small box and you can easily take it where you need to.
One of the biggest reasons many don’t give cash as a gift is because they don’t feel it is a meaningful gift. However, you can still make it special by attaching it to a meaningful letter or poem. You can also add something small to give with it, something that is memorable and fun to go along with the cash. Those are just a few ideas that can help you make giving cash more of a personal gift.
Giving cash to the family during the holidays can be one of the best presents to give and is something that shouldn’t be overlooked. Cash is a straightforward gift that allows the recipient to do what they want with it. They can spend it on something they have had their eye on or save it for the future. Either way, they will be happy with their present!