Time to bring out a few goodies for Chinese New Year or the Spring Festival. I keep to a very few traditions such as the twin "fortune" characters and Lai See, monetary gifts given in red envelopes. Red is an important colour signifying good fortune and happiness.
There are special red envelopes for specific occasions such as birthdays and weddings but many are generic. One must enclose money in an even number, eight being especially lucky but never, ever f-o-u-r, which sounds like the Chinese word for d-e-a-t-h. One must also not speak not so nice words during Chinese New Year celebrations, scold children (and presumably, husbands). As a general rule, lai see are given to younger unmarried family members.