Tip o’ the Morning to Ya – Rich Etiquette: When to Give Gifts

Rich Habits Word of the Day

Magnanimity – Generosity.  Tom was surprised by the magnanimity of family members and friends who sent him gifts when his book became a bestseller.

Rich Habits Fact of the Day

Queen of the giveaway, Oprah Winfrey ranked among Businessweek’s 50 most generous Americans from 2004 until 2010 and at last count had given away $400 million to educational and women’s causes.

Rich Habits Lesson of the Day

Gift giving to family, close friends and colleagues can sometimes be tricky. When are you supposed to give gifts? Here’s a rundown:

  • Weddings and wedding showers
  • Births and baby showers
  • Religious milestones (christenings, bar mitzvahs, bat mitzvahs)
  • Major anniversaries (10th, 25th & 50th- cards are sufficient)
  • Graduations (cards are sufficient)
  • Birthdays (cards are sufficient)
  • Housewarmings
  • Retirements (cards are sufficient except if colleague)
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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
 
Phone Number: 732-382-3800 Ext. 103.
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