Gen Z is spending significantly more on wedding gifts than older gens. A recent Empower report found that Gen Z expects to spend an average of $275 on wedding gifts, which is a substantial jump from the $98 that Boomers plan to contribute and $238 from Millennials. But still even today, about 45% of guests are unsure about how much is appropriate to spend on a wedding present. Higher spending among young people may stem from their preference to prioritize experiences over physical items; they are more likely to direct their finances toward trips and vacations, factoring wedding gifts as part of a broader wedding experience. (Newsweek)
📊 YPulse data: Money is what married / open to marriage young people most prefer as a wedding gift
