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View Poll Results: Largest cash gift you've ever given someone not in your immediate family
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Less than $50
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12 |
10.00% |
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$50 - $99
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4 |
3.33% |
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$100 - $199
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15 |
12.50% |
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$200 - $399
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20 |
16.67% |
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$400 - $699
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22 |
18.33% |
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$700 - $999
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1 |
0.83% |
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$1000 or more
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46 |
38.33% |
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08-25-2015, 07:07 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Jan 2012
Posts: 2,593
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Largest cash gift
I'm sure most of us have given cash (or cash equivalents) to friends and family on various occasions as gifts. For those very special things such as high school or college graduation, weddings, etc., the gift size usually increases quite a bit. What was the largest amount of cash you've ever given as a gift to someone not in your immediate family?
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08-25-2015, 07:49 AM
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#2
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Recycles dryer sheets
Join Date: Mar 2007
Posts: 315
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Took grandkids to Europe for high school graduation present. But they are immediate family. Biggest gift to nephews, nieces, and friends' kids in the $50 - $100 range.
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08-25-2015, 07:52 AM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2013
Location: Texas
Posts: 10,939
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10k for a high school graduation.
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08-25-2015, 08:10 AM
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#4
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,374
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We routinely give our nieces and nephews $250 for college graduations.
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If something cannot endure laughter.... it cannot endure.
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Slow and steady wins the race.
Retired Jan 2012 at age 56
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08-25-2015, 08:46 AM
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#5
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Full time employment: Posting here.
Join Date: Apr 2006
Posts: 880
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$100 for graduation to nieces and nephews.
Sent from my iPhone using Early Retirement Forum
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"Tell me, what is it you plan to do with your one wild and precious life?" - Mary Oliver
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08-25-2015, 08:48 AM
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#6
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,724
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 Quote:
Originally Posted by Sojourner
I'm sure most of us have given cash (or cash equivalents) to friends and family on various occasions as gifts. For those very special things such as high school or college graduation, weddings, etc., the gift size usually increases quite a bit. What was the largest amount of cash you've ever given as a gift to someone not in your immediate family?
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What was yours?
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08-25-2015, 08:49 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Jan 2012
Posts: 2,593
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Quote:
Originally Posted by pb4uski
We routinely give our nieces and nephews $250 for college graduations.
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Similar to what I'm considering. Have you ever given any thought to varying the amount, say if a nephew or niece came from a very rich family vs. a very poor one?
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08-25-2015, 08:53 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Jan 2012
Posts: 2,593
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Quote:
Originally Posted by MichaelB
What was yours?
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The most I've given so far has been $100, but I'm considering going a good bit higher for an upcoming special occasion for one of my nephews. I don't have kids of my own, so my nieces and nephews will get the "gold package" when it comes to gifts for these kinds of big life events.
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08-25-2015, 09:04 AM
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#9
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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We gave $500 as a wedding gift to DS's best friend since kindergarten--we were invited to the wedding. That was the most.
I use this scale for unrelated kids' life events, no COLA in almost 20 years. A little more if it's someone special. We are aging out of being advised of or invited to most of these occasions--a couple more weddings and maybe one more college graduation in the next couple of years:
$25 junior high grad
$50 hs grad
$100 college grad
$250 wedding
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08-25-2015, 09:10 AM
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#10
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Posts: 5,350
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I've never given or received more than $20 from a non immediate family member. A cousin was having a rummage sale to help fund a trip and I bought a $.25 item for $20 and said keep the change. I've received a $20 gift from a couple of Aunts for my birthday when I was younger. I have no nieces or nephews, I would give them more.
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08-25-2015, 09:23 AM
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#11
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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Quote:
Originally Posted by aaronc879
I've never given or received more than $20 from a non immediate family member. A cousin was having a rummage sale to help fund a trip and I bought a $.25 item for $20 and said keep the change. I've received a $20 gift from a couple of Aunts for my birthday when I was younger. I have no nieces or nephews, I would give them more.
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I think my scale is probably too cheap to some people, too high to others, and way more than I personally ever received--a birthday card was special even without $$ in it. My late MIL always gave her own kids and their spouses $15 for our birthdays, $5 each to the grandkids.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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08-25-2015, 09:34 AM
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#12
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Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 1,608
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I have given $1000 for high school graduation to nieces and nephews.
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08-25-2015, 10:24 AM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,677
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$10k per year for 4 years to each of five GCs to attend college.
$1000 to each heir for birthday and $2500 for Christmas.
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For the fun of it...Keith
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08-25-2015, 10:30 AM
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#14
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,724
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Quote:
Originally Posted by Sojourner
The most I've given so far has been $100, but I'm considering going a good bit higher for an upcoming special occasion for one of my nephews. I don't have kids of my own, so my nieces and nephews will get the "gold package" when it comes to gifts for these kinds of big life events.
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My closest friend has no children end enjoys giving to his nephews. A very nice gift for them, hopefully they appreciate your generosity as well.
Quote:
Originally Posted by Bestwifeever
We gave $500 as a wedding gift to DS's best friend since kindergarten--we were invited to the wedding. That was the most.
I use this scale for unrelated kids' life events, no COLA in almost 20 years. A little more if it's someone special. We are aging out of being advised of or invited to most of these occasions--a couple more weddings and maybe one more college graduation in the next couple of years:
$25 junior high grad
$50 hs grad
$100 college grad
$250 wedding
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That's what we give for college and weddings. 
When our little angels were still toddlers we opened investment college accounts for them, in their names. By the time college came around we were doing unexpectedly well, and could afford the full ride. We made a deal with them, they could keep the money - but they had to put it into retirement accounts. They agreed (who would have guessed ) and it gave them more than 5 years of ROTH contributions. We still give them cash and help out in other ways, but aside from weddings, nothing this substantial.
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08-25-2015, 10:36 AM
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#15
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Full time employment: Posting here.
Join Date: Apr 2015
Posts: 903
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2014-current
$25 godchildren (babies and toddlers), nieces and nephews
$50 godchildren (elementary to middle school)
$500 wedding close friends and family, $200 otherwise
Gifts occasionally adjusted for inflation. I currently don't have any godchildren older than middle school age but if I had, probably $100 for them. In general though, godchildren around the same age get double the amount of similarly aged nieces and nephews.
I don't plan on having children of my own so if I die with a large estate, my former alma mater and my godchildren will inherit. If so, that will be the largest cash or cash equivalent gift I would've given. 
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08-25-2015, 10:43 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
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Routine wedding gifts are $1,000. Helped a disabled friend for about $5,000 once. Gave brother $10,000 once. Gave daughter down payment for house in mid 6 figures. Not sure what the point of the question is? Obviously these figures vary based on desire and means? We Like to think we are generous but we can afford to be.
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08-25-2015, 11:26 AM
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#17
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 3,681
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We gave $100 as a wedding gift. It was my sister's step son. We were invited to the out of town wedding but did not attend, so $100 felt right.
We give $50 for any kind of graduation. We used to do cash birthday gifts to all the nieces and nephews but when DH lost his job and retired we decided those gifts would end at age 18. Only one niece is left and she turns 18 in November.
I would love to be as generous as some of you but we need to stay with what's reasonable for us.
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Married, both 69. DH retired June, 2010. I have a pleasant little part time job.
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08-25-2015, 11:28 AM
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#18
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Recycles dryer sheets
Join Date: Jul 2013
Location: Villa Grande
Posts: 275
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$500 for graduations (nieces and nephews).
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08-25-2015, 11:48 AM
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#19
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Thinks s/he gets paid by the post
Join Date: Apr 2012
Location: Nashville
Posts: 2,506
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Wow. We are cheap.
Gave $100 to our niece/goddaughter for HS grad; then recently felt that we had to give $50 to her brother a couple years later--otherwise no cash gifts to nieces/nephews. Other than that, I can't recall ever giving a cash gift to anyone other than our children.
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OMY * 3 2ish Done 7.28.17
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08-25-2015, 11:56 AM
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#20
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: Independence
Posts: 7,298
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A hearty handshake and bag of pop bottles to turn in for deposit?
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