Home » Posts tagged 'Chinese New Year'

Tag Archives: Chinese New Year

Sign up to the Barefoot Economist’s Newsletter

© Barefoot Economic Services

All content on this website (unless otherwise specified) is copyright of Barefoot Economic Services. Please acknowledge any content used in your work appropriately. Thank you for your consideration.

Lucky Money and Information Revelation

Happy Lunar New Year! Or if you want to impress your Chinese friends, in Mandarin you could say, xin nian kuai le (新年快乐) Or in Cantonese, gong hei fat choy (恭禧發財). Handy tip: find out what dialect your friend speaks before showing off your cultural expertise (I’m assuming you know they are Chinese). For some of you, you may partake in the celebrations at a family home or in a Chinese restaurant (food is always involved when the Chinese celebrate anything). If so, you may witness the bizarre tradition (to non-Asian people) of older people giving money to the younger generation in red envelopes. You may also witness three generations stuffing their faces with unseemly haste, don’t worry it’s polite in Chinese culture to eat too much and complain afterwards. Some Western people think giving money is a materialistic way of gift-giving since you couldn’t even bother to invest time and effort to get a proper gift. Actually, a lot of thought has gone into it. How much you give reveals private information on what you really think of your younger and unmarried relatives. Here is a useful guide for those of you new to giving ‘Lucky Money’.

(more…)