Financial Gifting

It’s all about being open about what you need and why. Set goals and share them, let people know how the cash gifts will be used. Choosing the right words can make asking for cash gifts feel comfortable and thoughtful. 

Babylist cash funds work like an item added to the registry list. You can add multiple cash funds, one for each goal that you are saving for. Combine Babylist with Greatest Gift to meet immediate needs and future financial goals for your baby’s journey.

Each graduation stage from kindergarten to college has its own norms for gift-giving. In 2023 the average high school and college graduation gift amount was $116. Middle school, elementary, and kindergarten graduations typically have lower gift amounts.

The Amazon Diaper Fund is a feature within the Amazon Baby Registry that allows loved ones to contribute cash towards your diaper purchases. 1. Navigate to Your Registry - 2. Locate the Settings - 3. Locate the Gift Options - 4. Enable the Diaper Fund - 5. Share Your Registry.

Buying Disney stock for your children is an easy process with a UTMA account. Setting up this account is simple and allows your child to own stocks while you, as the guardian, manage the account until they reach adulthood.

Gifting a savings bond, whether electronically or as a paper certificate, involves a few straightforward steps. Gifting electronic savings bonds is done via the TreasuryDirect website, while paper savings bonds are ordered with tax refunds.

There are big differences in how much money and assets different age groups have in the United States. Millennials, despite being the largest generation, possess only 8.4% of the assets in the country, indicating a stark generational wealth gap. 26% of total wealth can be traced back to intergenerational transfers.

If you're attending a bar or bat mitzvah party, $36-$360 per guest is a good gift amount, and giving in multiples of 18 expresses good wishes in the Jewish culture. Whatever you choose to give will be appreciated by the celebrating family.