Re: Wedding furniture
For the furniture, talk to ur fiance and discuss whether they need new one and whether it's expected for u to bring it. This might be a tricky issue, but I believe it's worth bringing up to see if the fiance and u share the same values and beliefs about cultural evils like jahez.
Second, u don't have to give a watch. My parents are not giving him one. He infact told me what he'd prefer [an iphone] haha.. so I got that instead. But that's from ME. It's entirely a personal decision.
My parents are just giving him money. I believe money should be given to not come off as stingy, and more importantly to show the guy that he is their son and he should treat u well... besides, you both get to spend the money so it's not that big a deal either.