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Although many people think of graduation gifts as extravagant, parents should be able to afford them. Depending on the family's income level and economic situation, an appropriate dollar amount ranges from around $50 to over $1000.
Some parents want to give their daughter a more personal gift along with a monetary gift. In this case, the cash amount may be much lower because the parents also spend money on something else for the daughter.
The appropriate cash gift amount varies from family to family. Even next-door neighbors have varying financial situations. Sometimes it's easier to talk to the graduate to get a feel for what she thinks might be appropriate and together the family can come up with a compromise that makes everyone happy.
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