Phil's Personal Finance Tip of the Day:
3 tips for better holiday tipping
Many consumers are still stingy when it comes to tipping
By Kelli B. Grant/MarketWatch
Holiday tips are one of the first expenses to fall by the wayside when times are tough, and they’re sometimes the last to bounce back. Even though consumers say they plan to spend more on gifts, decorations and other purchases this year, experts say tipping will remain fairly flat.
Last year, 39% of consumers didn’t tip any of their service providers, up from 38% in 2010, according to the Consumer Reports National Research Center. Average tip amounts have held steady, with $20 averages for providers including garbage collectors, teachers, hairstylists, newspaper carriers and pet-care providers.
“Tips are pretty uniform,” says Tobie Stanger, senior project editor for the Consumer Reports National Research Center, which tracks gifting for 10 different service providers. “We haven’t seen much of a change.”
Inspirational Quotes@Inspire_Us from Twitter:
I hated every minute of training, but I said, “Don’t quit. Suffer now and live the rest of your life as a champion. -Muhammad Ali
No comments:
Post a Comment