Frankly, at this point, I’m giving gifts rather than receiving them. That’s the way it goes as a parent. Though innocent homemade “Happy Father’s Day” cards from your kids do qualify as gifts, and mean more than anything 🙂
But yes, if I do get a gift, I’m totally cool with it being cash. I’ve written about the topic of gift cards as gifts, and frankly they make sense. After all, they’re called “gift” cards! So ultimately cash or near-cash equivalents are nice gifts for some (even if not all) people.
So while cash might work in many cases, what about for weddings? Do you think cash is an appropriate wedding gift?
This came to mind as I read a recent WSJ article on wedding gifts of cash. Apparently, there are people really putting cash gifts to good use. As in, collecting a really nice amount of money instead of traditional gifts, and saving the stash for a specific purpose.
To me, this makes sense. Let’s stop and think about it. What would you rather have:
- Wedding China you’ll rarely use, or a great start to a down payment on your first home
- New kitchen appliances, or the beginnings of a joint retirement fund
- Upgraded silverware, or an emergency fund to protect you financially as a couple
You get the idea.
Really, this brings to mind a bigger question of whether or not wedding spending in general can be more oriented toward starting a prosperous future together, instead of having a singular focus on one day. Yes, I spent a fair amount on a wedding/honeymoon too. That being said, there are people that go all out for that one day.
I suppose if the couple makes great money and/or has wealthy family footing the bill, it changes things a bit. Plus, I’ll admit, we all have the right to spend on something we truly value. If a perfect, dream wedding day is something that’s worth more than a home down payment – then everyone has the right to what they want to do.
Just to make clear, I’m not saying that obtaining cash and saving money for practical things should be a singular focus either. That makes life no fun, right? I’m just thinking that maybe there should be a balance between living for today and planning for the future.
And keeping that balance might mean thinking about weddings a bit differently, in terms of traditional vs. cash gifts, and lavish versus tastefully budget-conscious celebrations.
My Questions for You
What do you think of cash gifts versus more traditional gifts?
Do you think that weddings in general should involve dreams first and practical considerations later, or should priorities be reversed?