The Daily Money: How much does guilt-tipping cost us? [USA TODAY]
Starbucks Corporation (SBUX)
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Source: USA TODAY
Americans spend nearly $500 a year tipping more than they'd like to, according to Talker Research , a research and polling agency that recently conducted a survey of 2,000 Americans about tipping. The poll found the average respondent reluctantly tips $37.80 a month. “That figure equates to $453.60 a year in guilt-induced gratuity, with over a quarter (26%) feeling they are always or often forced to tip more than they would like,” Talker Research said in a post about the findings. And it turns out the younger you are, the guiltier you feel. Gen Z and millennials “were almost twice as likely to say they 'always' feel pressure to tip than older generations,” the study said. Not ready for 'Peak 65'? Here's a tip Are you part of "Peak 65," or thelargest surge of retiring Americans in recent history? More than 4.1 million people are turning 65 each year through 2027. That's more than 11,200 people every single day. But how many are financially ready for the retirement milestone? S
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