What is ang paos?

Ang paos (also known as "hongbaos" or "red packets") are traditional Chinese red envelopes filled with money. They are typically given during holidays, weddings, birthdays, and other special occasions as a symbol of good luck and prosperity.

The color red is believed to symbolize good fortune and ward off evil spirits. The amount of money given varies, but it is usually even numbers that end in 8 (which is considered lucky in Chinese culture) such as $8, $18, $28, or $88.

Ang paos are usually given to children or unmarried adults by married couples or elders. It is seen as a way for the giver to share their blessings and wish the receiver good luck and fortune in the coming year.

In recent years, e-angpaos have also become popular, allowing people to send digital red envelopes through messaging or payment apps. However, traditional physical ang paos are still widely used and appreciated.