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happyface70 · Nov 24, 2008, 05:02 PM

:o My grandson will receive his Masters degree in December what would be an appropriate monetary gift.

Thanks

linnealand · Nov 29, 2008, 09:01 AM

I think it really depends on your own financial situation. I think the more you can give, the better, but you shouldn't do anything that you can't afford. Your grandson has demonstrated dedication and responsibility. I am sure that he will be appreciative of anything you give him.

Has he paid his way through school, or has the family helped him out? In any case, I'm sure he has a lot of expenses at this point of his life, and he probably does not have much of a savings account left. If you can help him with any of his student loans, a deposit on his apartment (if he's moving to a new place for employment), if he needs a new computer, or if he's hoping to travel before beginning his new career, you can know that your money is helping him to take steps forward in his life.

Also, if you speak to his parents, you might also get a better idea of the situation.

Congratulations to you and to him!

neverme · Dec 9, 2008, 02:50 PM

Sometimes I think it may be better to get a relatively expensive gift he can keep for a long time i.e. a watch. I don't know maybe that doesn't work for you.

jjwoodhull · Dec 9, 2008, 03:33 PM

I agree with both answers. If you can afford it, a nice watch would be a great gift. But if money is an issue, then write him a letter. Tell him what you admire about him and why you are proud of him. That will mean more to him than anything else you could buy.

neverme · Dec 9, 2008, 07:54 PM

JJ is right about the letter, I know myself if anyone takes the time to buy me a present, whatever the present, they took the time to care. What can say that better than a letter outlining it!! :)

dontknownuthin · Jan 6, 2009, 12:51 AM

You said Monetary gift and I'm guessing you are looking for a dollar amount. I'd say the others are right and it should be determined by your means. If you have money set aside for him, this would be a good time to make a gift of it. If not and this is just a one time gift, I think $100 would be nice if you can swing it, or $50 if that's more manageable for you. And if $50 is too high, I would suggest a gift other than cash - something he needs either for his home or for his work (an executive type pen or something of that sort would be nice).

If you can afford more, of course that would be fine too but not expected. As grandparents, you can do more but aren't expected to, so it's kind of a "do what suits you" situation.

linnealand · Jan 12, 2009, 08:22 PM

Originally Posted by dontknownuthin

You said Monetary gift and I'm guessing you are looking for a dollar amount. I'd say the others are right and it should be determined by your means. If you have money set aside for him, this would be a good time to make a gift of it. If not and this is just a one time gift, I think $100 would be nice if you can swing it, or $50 if that's more manageable for you. And if $50 is too high, I would suggest a gift other than cash - something he needs either for his home or for his work (an executive type pen or something of that sort would be nice).

If you can afford more, of course that would be fine too but not expected. As grandparents, you can do more but aren't expected to, so it's kind of a "do what suits you" situation.

:)

I was thinking at least in the thousand dollar range.

Of course, it really should be in proportion to one's means.

Still, $50 says 12 year old's birthday all over it. If one can only afford that kind of sum, I would think that passing down a family heirloom would be a much more significant gesture.

Happyface, if you're still around, I would love to know what you decided to do in the end!