How much should a wedding gift be? | A must-read for anyone considering funeral expenses!

According to a survey in South Korea, the average person spends about 160,000 won per month on congratulatory and condolence money. This figure is expected to increase, particularly during the peak wedding months of March through June. So, how much is an appropriate amount for a congratulatory gift or condolence money?

1. Condolence money and subsidy

Congratulatory money, also called congratulatory money, refers to cash given at various commemorative events such as weddings, first birthday parties, housewarmings, and graduations, while condolence money refers to money given at funerals, portraits, or funerals.

In general, the amount of congratulatory money and subsidy is It is set at 30,000 won, 50,000 won, 70,000 won, 100,000 won, 150,000 won, etc. The reason is that since ancient times This is because odd numbers were considered lucky numbers.

But, the reason why it doesn't cost 90,000 won is '‘Nine‘Because it means a bad omen In the case of 30,000 wonThese days, the cost of weddings has risen so much that it is rare to see people giving congratulatory money or condolence money.

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The meaning of congratulatory money

2. How much should I give as a congratulatory gift in 2024?

In fact, from the end of 2023 to March 2024, many of my acquaintances got married, and I ended up unintentionally receiving congratulatory money three times in a row.

In fact, as I have continued to play the role of receiving congratulatory money, I have been able to estimate how much to give as congratulatory money without even realizing it, so I have organized this to help those who are worried about what to give.

  • 2024 inflation-adjusted congratulatory gift
    • Just as the cost of eating out has risen significantly, reaching an average of 12,000 won per meal, the cost of meals paid by the bride and groom at wedding halls has also increased significantly. About 50,000 to 60,000 won per meal ticket I am receiving it.
    • actually It is extremely rare for someone to give 50,000 won as a congratulatory gift.It was. I think there were about 7 or 8 people per wedding. That means, except for special cases. More than 100,000 wonI think it would be okay to see it as being released.
    • Sometimes, ambiguous amounts are entered. For example, 80,000 won, 120,000 won, 170,000 won, etc. Ambiguous amounts are very confusing for the couple who is counting the money. Rather unpleasant because it can cause confusionYou can do it.

not close relationshipHowever, if you have to give a congratulatory gift out of courtesy, About 100,000 won is appropriate.I think so.

  • Congratulatory money from relatives
    • In the case of relatives, the gap in expression of surnames is so great that it varies from case to case, Congratulatory gift of 500,000 won or moreI gave it to you.
    • The largest amount of money received in the role of receiving congratulatory money comes from the elderly family. 3 million wonIt was. Usually If you give a larger amount Because the amount is large and management is difficult, There were many cases where it was delivered directly.

Although they are family, an appropriate amount of congratulatory money to show respect is around 500,000 won.I think you're right.

  • What is the total amount of the usual congratulatory gift?
    • If the amount of congratulatory money increases in line with the inflation rate in 2024, what will the total amount of congratulatory money collected in general be?
    • When it comes to weddings where there are typically between 200 and 300 guests, I think the difference between Seoul and the provinces is reflected in the amount of wedding gifts.
      • Outside of Seoul and Gyeonggi : Approximately between 15 million won and 30 million won
      • Seoul, Gyeonggi-do : Between 30 and 40 million won

3. In case of subsidy

In the case of congratulatory money, it is meant to bless the future, so we pay more attention to it since we will continue to see the person, but I think that the burden of condolence money (=condolence money) is relatively less.

Nonetheless, typical condolence amounts are as follows:.

  • Appropriate subsidy
    • 1) The most reasonable subsidy amount is An amount that suits your financial situationIt is to give.
    • 2) As much as you like the other person, Gold that you don't regret giving and forget aboutliquid
    • 3) Unless there are special circumstances, The most reasonable amount is between 50,000 and 100,000 won.And If it exceeds 100,000 won, it goes up in 100,000 won increments.is the least chaotic.
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Conclusion

As mentioned above, the best amount of condolence money or condolence money seems to vary depending on each case.

‘If you find yourself thinking, "I gave so much money in condolence money, and now they're treating me like this?" or "I feel bad that I shouldn't have given a little more money back then?", then the condolence money is either too much or too little.

Because the donations given with sincere congratulations and comfort will bring gratitude and joy to both the recipient and the comforter.

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