My friends laughed when I asked this question haha. Should I count for inflation in a cash gift I am giving to a wedding I am attending soon?
So here's a bit of background: I typically gift back what I got from my wedding. E.g. if you gave me $100, I'll give you $100 back for when it's your wedding. It's kind of a thing we do in my culture. It makes sense giving back what you got haha. But anyway, my friend is actually having hers at the same venue as mine. I know how much hers costs per table and the base price naturally inflated $100 more a table and then she did another like $100 in upgrades. So her costs was $200 more per table than it was when I did mine.
For my wedding she gave me $50. I was planning on doing the same for hers. But when I heard how much her wedding costs and even if she didn't do the upgrades, the base cost was still inflated from when I had my wedding.
Basically I'm wondering if I should give more to account for the sheer fact that things do cost more now than they did before? My friends think I should just do $50 LOL in fact they think it's obvious to give back what she gave me but I guess I want to be more considerate about it considering I do know the costs. I also know that even when I had my wedding, $50 didn't cover it [not that I care about that - it's just that knowing that info means that $50 dam sure won't cover hers because of the inflation even more]. My friends think it's fair if I do $50 but the likelihood is I'll do a bit more than that.
I guess if I didn't know how much hers costs, I would have just blissfully given her the $50 LOL but now that I do know, it makes me feel kind of like a jerk if I didn't consider gifting her more.
Is this an odd thing to account for inflation?
We all know $1 doesn't go as far as it used to.
Thanks.