cash as a gift in the US
December 24, 2011 9:23 AM Subscribe
Help me understand why cash is not considered an acceptable gift option in the U.S.
Reading through AskMe, when somebody asks a question about giving presents, invariable there is an answer that says to not give cash. I come from a country where cash is the right gift for occasions such as weddings, funerals, and birthdays (and of course, the money given out to children on New Year's Day). Research appears to indicate that people prefer receiving cash over other gift alternatives
. So this unacceptability of cash as a gift in the U.S. is puzzling to me and I would like to understand it better.