I have had a few weddings like this. Aside from one, who said "we are looking to move house so any help towards a deposit would be appreciated" I have always done gifts.
Like you, I dislike looking stingy because I don't - I can't - give a lot. Then I want my gift to be more than paying a bill or a meal out or a drink. I want to be remembered years later. I had a gift list and a lot of things on there were under a fiver because some people don't want to spend much. I also received gifts that weren't on the list. And the ONLY price I recall was the people who bought us the dinner service and I only recall that because it was so expensive. I was chuffed when people told me they'd bought the gift at half price! Well done them! Big present, little money. Always good. Mum does still ask me who bought me what (as I was the first to marry so she wants to do similar) and I hate having to remember if it was a ?100 or ?150 cheque towards a house deposit, or if it were a vase or glasses or appliances and how much it cost... yes, I can think and recall a gift (99% of the time) but the price is a bit more hard.
I tend to give vases. Everyone needs a vase. Or photo album. One girl I gave a vase and photo album to had requested money towards her honeymoon... but spent all that money buying other people gifts/souveneirs! I did blurt out "glad I got you a gift then!" when she told a group of us.
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