Why are red envelopes issued during the Spring Festival?

Celebrating the Lunar New Year is a traditional custom of China people. China people like red because it symbolizes vitality, happiness and good luck. During the Spring Festival, everyone pays New Year greetings to each other. At this time, the elders will give the children red envelopes. In the traditional sense, red envelopes, also called lucky money, are money wrapped in red paper by elders for their children during the Lunar New Year and given by married people to unmarried relatives and friends.

Today, the custom of giving lucky money to the younger generation by the elders is still prevalent, representing the good wishes of the elders to the younger generation. In addition, there is a veritable lucky money, which is given to the elderly by the younger generation, in order to expect the elderly to live longer.