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When Gifting for this Festive Season, is it Better to give Cash or a Gift Card?

Pink, Gifts, Boxes image.

Image Source : https://pixabay.com/photos/pink-gifts-boxes-presents-553149/

Cash or e-voucher? Find the best gift for your loved ones this festive season.

I'm not sure whether to give my loved ones cash or e-vouchers as gifts for the festive season. I want to give them something that they will appreciate and use, but I'm not sure which option is better. Cash is always a safe bet, but it's not very personal. E-vouchers are more personal, but I'm worried that the recipient might not like the store or restaurant that the voucher is for.

What do you think is the better gift option? Can you guide me?
– Aisha Khan (Goa)

I understand your dilemma. Both cash and e-vouchers can be great gifts, but it really depends on the recipient and their preferences.

Here are some things to consider when choosing between cash and e-vouchers

The recipient's interests

What are the recipient's hobbies and interests? What do they like to do in their free time? If you know the recipient's interests, you can choose a gift that they actually want and will definitely use and appreciate.

The recipient's lifestyle

Do they live in a city or a rural area? Do they have a lot of spare time or are they always busy? If you know the recipient's lifestyle, you can choose a gift that is convenient and practical for them.

The recipient's budget

How much money are you willing to spend on a gift? Once you have a budget in mind, you can start to narrow down your choices.

Here are some pros and cons of each gift option:

Pros and Cons of Cash 

ProsCons
Cash is always a safe bet.Cash is not very personal.
The recipient can use cash to buy anything they want.It can be difficult to choose the right amount of cash to give.

Pros and cons of E-vouchers

ProsCons
E-vouchers are more personal than cash.The recipient might not like the store or restaurant that the voucher is for.
E-vouchers can be used to buy specific products or services.E-vouchers can expire, so it's important to check the expiration date before giving them as gifts.

So, which gift option is better?

It really depends on the recipient and their preferences. If you know the recipient well and you're confident that they will like the gift, then an e-voucher is a great option. However, if you're not sure what the recipient wants, or if you're worried that they might not like the gift, then cash is always a safe bet.