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  • May 1, 2020
  • Editorial
  • Wall Street Journal

In Giving Financial Gifts to Friends and Family, Some Ways Are Better Than Others

By: Grant Donnelly and A.V. Whillans
  • Format:Print
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Abstract

With the pandemic forcing millions of Americans into financial distress, it is only natural to want to lend friends and family a hand. But giving them a gift to help them out can do a lot of harm—unless you do it the right way.

Keywords

Gift Giving; Money; Family and Family Relationships; Relationships

Citation

Donnelly, Grant, and A.V. Whillans. "In Giving Financial Gifts to Friends and Family, Some Ways Are Better Than Others." Wall Street Journal (May 1, 2020). (Shared Authorship.)
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About The Author

Ashley V. Whillans

Negotiation, Organizations & Markets
→More Publications

More from the Authors

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    The Emotional Rewards of Prosocial Spending Are Robust and Replicable in Large Samples

    By: Lara B. Aknin, Elizabeth W. Dunn and Ashley V. Whillans
    • 2022
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    Perceived Job Difficulty Influences Unionization Support for Workers in Low-Wage Jobs

    By: Elizabeth R. Johnson and Ashley V. Whillans
More from the Authors
  • The Secret Tax on Women’s Time By: Lauren C. Howe, Lindsay B. Howe and Ashley V. Whillans
  • The Emotional Rewards of Prosocial Spending Are Robust and Replicable in Large Samples By: Lara B. Aknin, Elizabeth W. Dunn and Ashley V. Whillans
  • Perceived Job Difficulty Influences Unionization Support for Workers in Low-Wage Jobs By: Elizabeth R. Johnson and Ashley V. Whillans
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