Couples today are breaking away from the typical crystal, China and silver gift registries when it comes to asking for wedding gifts. Money has always been a popular wedding gift, and now some couples are making it clear it would be the gift of choice. They're going to their brokers to set up special joint accounts that are targeted toward a down payment. Depending on the arrangement, gift givers may contribute directly to the account, or give a check to the bride and groom with the down payment in mind. You can even register for money online.
Gift givers pay a transaction fee based on the amount of the gift.
For friends and relatives, putting money toward a down payment is a sure thing. They know their gift is going to be appreciated and used wisely, and when the couple get that new house, the wedding guests can see their gift in daily use. Many couples who have been out on their own for a while have a full complement of dishware and appliances. If you already have two toasters, coffee makers or blenders between you, the last thing you need is a third one. It doesn't sound terribly romantic, but what many newlyweds really need are such things as a garbage can, shovel, rake, power tools or lawn mower.