Unsure of how much to tip the doorman this year? Octavio Blanco, Money Editor at Consumer Reports, joins Cheddar to break down the tipping habits across America. He says tipping has decreased 10% from 5 years ago.
Consumer Reports says millennials tip the least out of all the generations. Those 70 and older were the most likely to give holiday tips, with 62 percent giving a median of $25. Northeasterners are also a little more giving--they tip more often than other regions of the country.
Plus, who should you tip? Blanco says to consider the service providers in key areas of your personal life. However, don't tip people who make a salary! Giving an extra twenty bucks to your doctor after a checkup is going to be super awkward.
Pets grow into beloved members of families and many do what they can to keep them happy and healthy. Marc Peralta, chief program officer of Best Friends Animal Society, joined Cheddar News to discuss finances and expenses when taking care of your furry family members.
