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Asking for Cash Gifts (Article)

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Requesting Cash Gifts •   what is the appropriate cash gift for 2002 •  Gift for someone who's like a father to me •  gift basket containing a gift for the children and check •  cash gift amounts given today...from Sara • appropriate amount to give to neighbors son •  what is the appropriate cash gift for a wedding •  nice way to state that no specific gifts are needed, but money would be ok? •  cash gift amounts given today...from Glenna •  What would be the appropriate way to ask for cash gift.
 

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Bride-to-be Jessica Fassett registered for two $100 ski-lift tickets, a $100 museum membership and dinner at a Benihana restaurant.

That's tame compared to Kristin Williams and her fiance, Robert McCollum. They registered for a $3,000 honeymoon in Venice asking 22 guests to pitch in $88 each toward the round-trip airfare, four guests to pay $37 each for gondola rides, and two guests to chip in $55 each so the couple could buy glass at a world-famous factory on the island of Murano.  Chuck the casserole dishes. Today's couples are older, they have set up a house, and they've accumulated plenty. What they really want as a wedding gift is cash in all its marvelous permutations.

With October now rivaling June as the month to marry, mail carriers are laden with oversized envelopes bearing hearts-and-flowers stamps and calligraphied addresses. Inside, along with a gracious request for your presence, is a plea for money in one form or another.  Face it, newlyweds have always wanted money.  It was just never considered appropriate to come right out and ask for it.  What people did before it was acceptable to ask for cash was register at Bloomingdale's for crystal and linens and then return the items for cash. Giving checks, stock or gift certificates was always appropriate. It's the "asking that is so new.

Couples are registering at MatriMoney for a mortgage through PNC bank, at http://giftcertificates.com  for spa treatments, or at  http://stockgift.com  for shares of Starbucks or Home Depot. Today's gift registries make it possible for wedding guests to pay for a manageable portion of a more expensive gift: $50 toward a $1,000 dishwasher, for example.  "More than 100 million gifts annually are returned," says Gino Heilizer, who launched the brokerage firm http://stockgift.com   six months ago.

OK, so a lot of those are probably ties given at Christmas. Still, research by American Express Co. shows the popularity of monetary gifts is on the rise. Amex has its own niche in the cash-gift market, offering American Express gift checks that are guarded against loss and come wrapped in gold foil. Amex says the number-one gift people want today is money.

Emily Post aside, Heilizer says, nobody wants another cheese grater.  All the more reason that Williams and McCollum, of Dallas, registered for a Venetian honeymoon.  McCollum, a stockbroker and stand-up comic, read in the Trinity University alumni magazine about a fellow graduate, Liana Carlson, who had started an online honeymoon gift registry called http://afterido.com.

He and his fiancee used the site to plan five nights in Venice followed by three nights on Lake Maggiore in the north.  Then everything from gondola rides to lazy afternoons in the Piazza San Marco sipping cappuccino _ was divided in gift-sized segments guests could buy: a $34 ferry pass for the couple's trip to Lake Maggiore; $60 toward dinner in the city of Bellagio; or $50 for wine with dinner.

Just in case, the couple also registered at more traditional Web sites for china and other gifts.  They mailed "save the date" letters, saying the official invitations were coming, and included information on where they registered.  McCollum's parents were convinced no one would opt for what was, essentially, a request for cash.  "People want to give a real gift, something they can hold," his mother said.


The couple were taking a significant financial risk.  The tab for their $3,000 honeymoon had to be guaranteed on a credit card in advance. Whatever was not paid for through contributions from wedding guests would have to come from the bride and groom's pockets.  "We thought we'd get maybe one-third paid for through gifts," McCollum said.  To their amazement, the couple got more than they asked for. They had to add more gift opportunities (more wine! more Murano glass!) for guests who were shopping late.

In their thank-you notes, the couple sent pictures from the honeymoon and stories about the trip that the wedding guests had helped make possible.  Gabriella Barreto, 27, of the Philadelphia area, took a slightly different approach. Her bridal shower invitations included a note saying she and her fiance would welcome gifts from Liberty Travel, where the couple were not obligated to carry out their honeymoon dreams if the guests' contributions didn't add up.

Barreto says her guests didn't seem to mind although some brought wrapped packages instead: lingerie, Pyrex, and bottles of wine.  Her wedding invitations themselves said nothing about gifts, leaving the message to word-of-mouth.  "Everyone invited to the wedding realizes we have everything," Barreto said.  The trend has its dissenters.  Ms. Demeanor columnist Mary Mitchell of the Mitchell Organization, a firm that teaches etiquette, protocol and interpersonal skills, has decried what she calls the "wedding-as-fund-raiser."

Rather than state your request on the invitations, Mitchell suggests getting family and bridesmaids to convey your wishes for you. "Chances are excellent that your guests will query them for wedding-gift wisdom on your behalf," she wrote. "When asked, they can say something like, `You know, they seem so
focused on saving for a down payment on a house that I've never heard her mention things she'd like to have. I'm sure whatever you do will delight them, because it came from you.' "

When Delphine Cummings, a native Philadelphian now living in Northfield, N.J., was invited to a wedding in Oberhausen, Germany, an enclosure in the invitation told guests that instead of shopping around they could bring "something in an envelope."

"I wasn't offended, but I don't particularly like it," said Cummings, who gave the couple deutsche marks plus a silver picture frame.  "I guess times have changed," says Fannie Bakon, another older Philadelphian who recently received an invitation to give cash.

She says she has always preferred to give money, but being asked for it is something else.  "Tacky," Bakon said.  The invitation she received this month to a wedding in Pittsburgh said "all gifts will be appreciated," but added that the couple are saving for their first home and registered with Merrill Lynch.  "Your monetary gift can be sent to ... ," read a note that accompanied directions to the church.

At least she knows what the money is for.  It is never appropriate to simply ask outright for money and nothing else.  Also, guests don't want their money to be a drop in the couple's bill-paying account. Registering for $50 toward new tires is more palatable.  It is proper, she says, to include gift registry information in a shower invitation or save-the-date letter, but not directly on the wedding invitation.

Remember to send a thank-you note.   Still, Gilda Cellini and her new husband, Steve Shade, both in their 40s, found what they say is a better way to avoid accumulating more stuff. They invited friends and relatives to make donations to one of two animal shelters
or to the charity of their choice.  "Some gave us money which we forwarded to the animal sanctuaries anyway," Cellini said.

"Getting married is such a wonderfully happy time," she said. "Knowing that you've helped a cat or dog just increases the joy of the day."
 

 
 



 
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