How to Best Accomplish a Graduation Monetary Gift

Are you looking to give a monetary gift for a college or high school graduation but not sure how to go about it? It can be a difficult task to navigate, but we're here to help. In this blog post, we'll provide you with practical solutions and tips on how to best accomplish a graduation monetary gift.

By reading this post, you'll learn how to choose an appropriate amount for the gift, decide on the best method of delivery, and ensure that your gift is meaningful and appreciated by the graduate.

How To: Choose the Right Amount for the Gift

One of the first decisions you'll need to make when giving a monetary gift for a graduation is determining the right amount. Here's how to do it:

1. Consider your relationship with the graduate

Think about how close you are to the graduate and your financial situation. This will help you determine an appropriate amount to give.

2. Research average graduation gift amounts

Look up average graduation gift amounts for your specific region or school. This can give you a baseline to work from.

3. Take into account the graduate's needs and future plans

Consider the graduate's future plans, such as attending college or starting a new job, and their financial needs. This can help guide your decision on the amount to give.

4. Set a budget

Decide on a budget for the graduation gift and stick to it. This will ensure you don't overspend and stay within your means.

How To: Choose the Best Method of Delivery

Once you've decided on the amount for the graduation gift, the next step is to choose the best method of delivery. Here's what you need to do:

1. Consider the graduate's preferences

Think about how the graduate would prefer to receive the gift. Some may appreciate a physical check or cash, while others may prefer a digital transfer.

2. Opt for a secure and convenient method

Choose a method of delivery that is secure and convenient for both you and the graduate. This could be through a bank transfer, a mobile payment app, or a gift card.

3. Personalize the delivery method

Add a personal touch to the gift by including a handwritten note or presenting it in a creative way. This will make the gift more memorable and special for the graduate.

The Final Touch: Make Your Gift Meaningful and Appreciated

Now that you've chosen the right amount and delivery method for the graduation gift, it's time to make it meaningful and appreciated. Here's how:

1. Include a heartfelt message

Write a heartfelt message to accompany the monetary gift. Express your congratulations, words of encouragement, and well wishes for the graduate's future.

2. Offer advice or guidance

Provide some advice or guidance that the graduate can take with them on their next journey. This could be related to their chosen career path, personal growth, or financial management.

3. Follow up and stay connected

After giving the graduation gift, make an effort to follow up with the graduate and stay connected. This shows that you genuinely care about their success and well-being.

Putting it All Together

In conclusion, giving a monetary gift for a graduation can be a thoughtful and meaningful gesture. By choosing the right amount, selecting the best method of delivery, and making the gift personalized and appreciated, you can ensure that your gift makes a lasting impact on the graduate.

Gift with Switch: A Better Way to Share Money

• Switch offers an intuitive and convenient platform to request, collect, and share money with friends and family for special occasions like graduations.
• With Switch, you can create pitches specifically for collecting graduation money, ensuring transparency and accountability among the group.
• Switch's virtual debit cards allow for easy spending of the collected funds, making it a hassle-free way to manage and use the graduation gift.

Make your graduation gift even more special with Switch. Start empowering groups to manage their money, govern their relationships, and share their lives today.