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Post Info TOPIC: How do you decide what to spend on a gift?


Coach

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How do you decide what to spend on a gift?
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This topic has probably been covered, but I am trying to figure out how much to spend to avoid being cheap and stick to my budget at the same time.  I am curious what factors do you consider in gift buying when you are to be an average guest (not in the wedding party, not in a circle of best friends and not a relative) invited to the wedding of a friend?  It's a girl I recently reunited with via the Internet, I was one of her best friends in junior prep school.

I really don't know if this matters, estimating individual plate cost and such, but knowing this family, this is going to be among the top 3 nicest weddings I have ever attended and I am honored to be invited at all, since I really hadn't seen the family in the flesh in over a decade.

I am not asking for a specific dollar amount, just how one comes to a decision on the amount.

Thanks girls!

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Chanel

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I have the same dollar amount, generally speaking, for all events (bdays, weddings, showers, etc.). I don't increase it if it's a nicer occasion, if that helps answer your question. That's their burden, not yours, and I DO NOT believe that weddings are all about buying guests food and drink so they'll buy you nice gifts. If that's the case, the bride and groom would be much better off buying their own stuff because I'm certain they outspend the guests.

For close friends I might spend more on special occasions. Two instances I can think of: when my BFF got married, I spent a little bit more than normal on her wedding gift (although I don't spend more on her bday, holiday gifts); and when a friend was preggo with triplets, I spent 3x my normal limit because I figured I should count each baby as a gift, ya know?



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Kate Spade

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I think this is how it has been working: I have a certain amount x that I spend on the weddings of people I don't really know. I do about 2x that for weddings of people I'm reasonably close to. I do about 3x that for people I'm close to and/or people I'm reasonably close to but can't afford to travel to the wedding of. My best best friends haven't gotten married yet, but I assume I would do something more like 5x or 6x for them. How "nice" the wedding is isn't a factor at all for me.

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