#1 – Gift Registries
Many graduates now do gift registries at stores like Bed Bath & Beyond to decorate dorm rooms or first apartments. You give people what they want, rather than guess at what might work in their living space.
#2 – Be Practical
Most new grads don’t want or have room for extraneous things, like family heirlooms or a room full of furniture.
#3 – Give Subscriptions
We are big fans of subscriptions to services like Texture, which has about 200 magazines on a single app, or Netflix. Make sure the subscription is for a long enough term so they have time to enjoy it – even if they opt not to renew.
#4 - Cash & Gift Cards
For our nieces and nephews still reading this post? Well, this spoils the surprise of what you’re getting for graduation. But we love cash for a gift, since everyone has different needs. If you give gift cards, make sure they are for places the recipient likes to shop or eat.
#5 – Don’t Be Too Extravagant
Give gifts within your means - as well as that of the recipient. Unless the grad can pay to maintain a car, it may become a money pit. Tickets for a vacation might be nice, but if they don’t have cash to pay for the rest of the trip, it may cause them to pile on debt.
New and recent graduates - what other ideas would you suggest?