What is red pocket money?

Red pocket money, often referred to as "red envelopes" or "hongbao" in Chinese culture, is a traditional gift of cash given during celebrations such as Lunar New Year, weddings, and birthdays. The red envelope symbolizes good luck and prosperity, with the color red representing joy and happiness. The amount of money inside can vary, but it is typically an even number, as odd numbers are associated with funerals. This practice is a way to convey blessings and well-wishes to the recipient.