‘Tis the season for tipping less.
Service providers won’t be receiving as many tips or gifts from people this year compared to previous holiday seasons as Americans attempt to stretch every dollar more than Santa stretches to fit down the chimney, according to a new survey by Bankrate.
“Most people do care about these important community members but they are also feeling their own financial stress, anxiety and budget shortfalls,” consumer finance expert Bobbi Rebell said.
“That can overshadow generosity, which can be considered optional. Unfortunately, a good part of the holidays has become about making tough choices in order to avoid creating spending hangovers.”…