Cash gifts are a popular and practical gift option for many different life milestones, from birthdays and graduations to weddings and new homeowners. However, choosing the right amount of money to give from your vanilla gift card balance can be a tricky decision, especially if you’re unsure of the recipient’s financial situation or preferences. In this article, we’ll go over how to choose the best cash gift for different life milestones.

1. Birthdays

For birthdays, a general rule of thumb is to give an amount equivalent to the cost of a nice dinner or a thoughtful gift. Consider the recipient’s age, relationship to you, and your budget when deciding on an amount. A thoughtful gesture such as a personalized note or a small token of your affection can make a birthday cash gift even more meaningful.

2. Graduations

Graduations are a time of achievement and celebration, and a cash gift can help the graduate with expenses as they embark on the next phase of their life. The amount you choose to give should depend on your relationship to the graduate, as well as your budget. For close family members, consider giving a larger amount, while for friends or acquaintances, a smaller amount may be more appropriate.

3. Weddings

For weddings, the amount of money you give should depend on your relationship to the couple and your budget. A general guideline is to give a gift that is equivalent to what you would spend on a dinner for two at a nice restaurant. If you’re a close friend or family member, consider giving a larger amount, while for acquaintances, a smaller amount may be more appropriate.

4. New Homeowners

When giving a cash gift to someone who has just purchased a home, consider the amount you would spend on a housewarming gift. A general guideline is to give an amount that is equivalent to the cost of a nice appliance or piece of furniture. If you’re close to the homeowners, consider giving a larger amount, while for acquaintances, a smaller amount may be more appropriate.

5. Baby Showers

For baby showers, a cash gift can help the parents-to-be with the cost of essentials like diapers, wipes, and baby gear. A general guideline is to give an amount that is equivalent to the cost of a practical baby item. If you’re close to the parents-to-be, consider giving a larger amount, while for acquaintances, a smaller amount may be more appropriate.

In conclusion, choosing the best cash gift for different life milestones depends on several factors, including your relationship to the recipient, your budget, and the occasion. When in doubt, consider giving an amount that is equivalent to the cost of a thoughtful gift or a nice dinner. With a little consideration and thoughtfulness, a cash gift can be a meaningful and appreciated gesture for any life milestone.