Splashing out on a wedding gift can be tricky for those on a tight budget (Image: Getty Images)With wedding season finally upon us, many Brits face the dilemma of how much to spend on a gift to mark the special occasion. Planning a wedding can be expensive, but even attending as a guest can be costly. Ocean Finance revealed the average cost of being a wedding guest is £541.90 – this includes a new outfit, somewhere to stay, drinks and, of course, a gift. With the cost-of-living crisis causing financial strain on UK households, splashing out on a wedding gift can be tricky for those on a tight budget. The amount you spend depends on how close you are to the bride and groom, with close family members opting for a more extravagant present. Personal finance experts claim acquaintances and evening guests are expected to spend around £20 to £30 on the new couple, while gifts from all-day guests should reflect the cost of the wedding meal – in the region of £50 to £100. Meanwhile, the typical amount to spend for immediate family members, or bridal party, is also £50 to £100. Sarah Neate, Editor in Chief at Ocean Finance said: “You don’t need to spend a fortune to show how much you care, and opting for a personalised or handmade gift (Etsy is great for this!) can be a thoughtful and affordable way of celebrating the newlyweds.” Let us know how much you spend in the comments
We’d love to hear your thoughts on how much money guests should spend on a wedding gift. If you’d like to share your opinion, drop it in the comments and we’ll highlight the best ones when they come in. OK! will also be discussing the topic with you below in the comments and you can join in! All you have to do is sign up, submit your comment, register your details and then you can take part. Tell us your thoughts in the comments
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