A money cake is easy to make – and works for just about any occasion!
Money is such a practical gift to give a graduate (eighth grade, high school or college!), but it can feel like such an impersonal gift.
I decided to spice it up a bit and make this fun graduation money cake. I really love how it turned out. While I created this one for Graduation, you can make one for any occasion, such as a birthday, shower or wedding!!!
Pack of (4) 12″ Wilton Cake Platters
Card stock or Construction Paper
Hot Glue Gun
(40) one-dollar bills
Paper Party Streamer
Decor of Choice
Use the top cake platter that has the label attached to it, and trace it with a permanent marker. This will be your first layer. Use a box knife to cut out the circle.
Cut out a smaller circle (will be the top of your cake). Use a smaller object to trace around — something such as a small bowl, coffee can or any cylinder shaped object will work. You should now have one cake platter, your larger circle, and a small circle total.
Take card stock or construction paper and cut strips which are the same height as a dollar bill. You may need multiple strips in order to make a circle. You will need three of these – one for each platter you cut out above.
Tape the strips together until you are able to form a circle, which should be slightly smaller than your cake platter circle (which will sit on top of your paper circle. Use your hot glue gun and put flue all around the bottom edge of the paper circle you made.
Work quickly so your glue doesn’t dry. Press it gently on to your base cake platter, making sure it’s centered before you press it down.
Once you do that, glue all around the top edge of the paper circle, and gently press the cut out cake platter on top. The finished portion so far should look like the above picture. Repeat those steps for the last and smallest layer that will complete your cake.
Roll your dollar bills. Keep in mind that the tighter the roll, the more money you will spend on your cake! 😉 I used loose rolls so I could make sure I just used the $40 I intended to.
Roll the dollar bill evenly, and place a small piece of tape to secure the roll. Un-taping all of these will teach the gift giver the value of a hard-earned dollar – haha! (Pro-tip: Use about an inch of tape for each piece, and tear off the piece of tape before rolling each bill – it will be much easier.)
Forty ones takes a long time to roll and tape. Well, not very long, but it sure felt like it! But, I weathered through, and this is my final product. Now you’re ready to start attaching them to the cake.
Use long strips of double-sided tape and place it around each cake layer. You can even make two rows if you want. Place your rolled dollar bills with the taped-side to the double-sided tape. Stick your finger in each one to gently press them against the tape – so they stick.
Once you’re finished, use the party streamer to wrap around each layer. Pull the paper just a bit before you tape it together, to help it secure the money even better. (The recipient of this cake was amazed that he could turn it completely upside down and none of the money or decor would fall off!)
Add whatever decor you find that works for your occasion. If you plan on making one for graduation (as I did here), you will start finding those supplies at stores around mid-April. I was able to pick up the streamers and topper for around $1 each. The other items I used ran between $1 – $1.50. So, for less than $5, I was able to find all of the decorations to create my cake!!
Attach the cake topper to your money cake (I used a hot glue gun). Since mine was a sticker, I just left the backing on it and then applied a few dots of glue onto the paper streamer to apply the decor to it. Then, taped the streamers together around the money to hold them on.
That’s it! That is all it takes to make your very own money cake. Best of all, you can make it for anyone you want – at any time!