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

By: A.V. Whillans and Grant Donnelly
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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

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

About The Author

Ashley V. Whillans

Negotiation, Organizations & Markets
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