Chinese New Year Celebration

The way my family celebrates it is, actually it's mostly a morning activity. We would wake up on what is technically the lunar new year, and then we would eat rice cakes together. No idea what the meaning of it is, probably something to do with fortune, health and luck or something. O, eone's getting mon sos, also in red envelopes for curin culture,. Or is it just kind like some kind of other parcel yet? Do they just hand you a wad of cash?

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