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How Much To Give In Your Lunar New Year Hongbao – A Handy Guide

Whether you’re giving out red packets for the first time, or aren’t sure if the market rates have changed, this guide will come in handy.

By Mandy Lim Beitler      11 February 2021

Younger Nieces And Nephews: $10 To $20

Again, they may be the darlings you babysit all the time for your sibling, or your cousin’s kids you hardly know. How much to give depends on how much you love! Do take care to give the same amount to sets of siblings, however, just in case they compare. Generally speaking, $10, $12, $18, and $20 are popular choices.

Other Kids On The Block: $6 To $20

These can range from a neighbour whose grandma plies you with curry chicken to random kids you meet while visiting relatives. Yup, you guessed it – amounts can vary accordingly to how well you know them. $6 is a safe place to start, but you may choose to give your best friend’s little one the same ‘rank’ as a nephew or niece.

Give E-Hongbao Instead

In light of the current social distancing requirements this Chinese New Year, catching up with all your relatives may not be possible. But if you’d like to still give out red packets for good luck, consider jumping on the digital hongbao bandwagon. All major banks in Singapore are offering some form of e-hongbao, with funds transferred via PayNow. However, do note that some elderly folk may still prefer to receive crisp new notes for their auspicious symbolism. For everyone else, why not take the opportunity during this season of abundance to go green?

How much do you give in your hongbao? Share your views with us at magnsman@sph.com.sg

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