With Chinese New Year just around the corner, it is a annual event for families to get together and catch up / play mahjong&cards and mingle around (so keep the handphone away and start talking to each other!).
Are you just married? Some families have the practice that for the 1st year, you do not need to give Hong Bao (still probation), but in case you need to give, you will be asking yourself, how much is enough or too much?
Here are some market rate that you might consider, but do note that different families has their own practice.
|Parents or in-laws||$300 - $500||Needless to ask right? They raised you|
|Siblings||$20 - $50||Depending on the relationship|
|Own Children||$28 - $88||It does not really matter, since the money still go back to you. Oops! Nah, remember to save up for them|
|Cousin||$12 - $20||Depending on how close you are with them|
|Nieces/ Nephews||$10 - $20||Depending on the age|
|Grandchildren||$28 - $68||They carry your genes, that is why|
|Random Kids||$6 - $10||You don't even know their name|
|Maid / Others||$6||Do you give? It is a blessing for good luck.|
Lastly, giving Hong Bao is to bless the other party with good luck, so it is the thought that count and not the monetary value.