【参考译文】
It is the money given to kids from their parents andgrandparents as New Year gift. The money isbelieved to bring good luck, ward off monsters;hence the name "lucky money". Parents andgrandparents first put money in small, especially-made red envelopes and give the red envelopes to their kids after the New Year's Feast or whenthey come to visit them on the New Year. They choose to put the money in red envelopesbecause Chinese people think red is a lucky color. They want to give their children both luckymoney and lucky color.