The amount you should spend on a wedding gift depends on various factors such as personal relationship with the couple, financial status, and location of the wedding. According to wedding experts, distant relatives, non-close friends or colleagues should give $50 to $75, upwards to $100 as a cash gift. Family members or friends should give $100 to $150 as a gift, and close relatives should begin with $150 as a cash gift and go upwards.