meta_pixel
Tapesearch Logo
Log in
More or Less: Behind the Stats

WS More or Less: Wedding gift economics

More or Less: Behind the Stats

BBC

Business, Mathematics, Science, News Commentary, News

4.63.5K Ratings

🗓️ 18 September 2016

⏱️ 9 minutes

🧾️ Download transcript

Summary

Can economics help us work out the perfect amount to spend on a wedding gift? Our reporter Jordan Dunbar is in a tricky situation-he’s heading to an old friend’s wedding and needs to figure out how much to give as a gift without breaking the bank. Luckily, economist Maria Kozlovskaya is on hand to talk about her findings on what factors we need to consider for gift giving, as well as preserving Jordan’s friendship and wallet.

Transcript

Click on a timestamp to play from that location

0:00.0

Thank you may have heard this edition of more or less from the BBC World Service.

0:04.0

If you have been listening to the long edition of our programme,

0:07.0

broadcast originally on Radio 4, you may have heard this item before,

0:11.0

on the economics of buying a wedding gift.

0:14.0

Hello and welcome to more or less on the BBC World Service

0:18.0

we're the program which looks at the numbers all around us in life

0:21.0

and I'm Charlotte McDonald.

0:23.0

This week can economics help us decide how much to spend on people getting married?

0:28.0

If you go to a wedding, should you take a gift or perhaps give money?

0:32.0

And how much should you spend? I decided to go and ask some

0:36.1

of my colleagues around the BBC you can take them

0:54.0

something personal. I'm Gabrela Torres and I'm from Venezuela. Either buy an item

0:59.6

or you leave a certain amount of money.

1:03.0

More recently what they do is that they give you their bank account on the invitation.

1:08.0

Hi, I'm Neil, I'm from Vancouver on the West Coast of Canada,

1:10.0

and my wife and I, when we got married in the West Coast people gave us a gift.

1:14.5

Hi I'm Samihha and I'm from India.

1:16.5

So I come from a Muslim community in Carolina in Southern India.

1:20.7

So there if it's the wedding of a very close relative, then probably my parents might gift a

1:27.0

bride a gold ring or a bangle. So there are different traditions around the world. For some people you take gifts, they could be sentimental or practical, others it's about symbols, and in some places the

1:45.8

tradition is to give money. Like in Ireland, but how much should you give? One of the more or less team Jordan Dunbar is off to a wedding there soon, and he was hoping for some help.

1:58.0

So my friend Deona is getting married in Ireland, which means I've got to fly out there from London. First I've got to go to Belfast, which is in Northern Ireland, and then travel all the way down to the Republic of Ireland where the wedding's being held. Here in London and in England, there's more of a tradition of giving presence but in Ireland you tend to give money

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.