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Why is it said that the Spring Festival is the "new banknote" for us Chinese?

In daily life, we spend money on food, clothing, housing and transportation. When the Spring Festival comes, in addition to the expenses of normal life, there are many additional items to spend money on during the festival. … Specifically, during the Spring Festival, our money is mainly spent on three aspects: buying food and various daily necessities, preparing gifts for relatives, and preparing red envelopes for younger generations.

1. During the Spring Festival, you need to spend a lot of money to buy delicious food and various daily necessities. One of the most important things we spend money on during the Spring Festival is money to buy food and various daily necessities. … Specifically, we have to prepare various delicacies during the Spring Festival so that we can eat well, drink well, and be happy during the New Year. So we have to spend a lot of money in this area... In addition, in terms of daily necessities, we also need to buy a lot during the Spring Festival, which also costs a lot of money. These two aspects of expenditure are one of the main contents of spending money during the Spring Festival.

2. When giving New Year greetings to relatives, you need to prepare gifts, which also costs a lot of money. During the Spring Festival we have to visit relatives and friends to pay homage to the New Year. …When visiting relatives and friends to celebrate the New Year, we have to prepare gifts. Moreover, in order to express one's own feelings, the gifts prepared for relatives and friends will be more precious. Therefore, during the Spring Festival, we spend a lot of money to prepare gifts for relatives and friends when paying New Year greetings. … Therefore, during the Spring Festival, we have to spend a lot of money to prepare New Year gifts for our relatives and friends.

3. During the Chinese New Year, you have to give lucky money to the younger generation, and you also have to spend a lot of money in this regard. In addition to the above two expenses, we also have another item of money to spend during the Spring Festival, which is the New Year's money for the younger generations. …During the Spring Festival, relatives reunite, the younger generation pays New Year greetings to the older generation, and the older generation gives new year’s money to the younger generation. This reflects the affection between relatives and the elders’ care for the younger generation. …In this process, as the elders, we have to give the younger generation a lot of lucky money, which is also a major part of our money during the Spring Festival. This is also one of the characteristics of the Spring Festival.