HerMoney Classic: Holiday Tipping 101

Dec 16, 2024

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The holidays are the perfect time to show gratitude to the people who make our lives easier, from housekeepers and hairstylists to restaurant servers and babysitters. But figuring out how much to tip — and how to fit it into our budgets — can feel overwhelming, especially with inflation making everything more expensive than it used to be.

We’re bringing back this episode with Barbara Sloan, founder of Tipped Finance and author of Tipped: The Life-Changing Guide to Financial Freedom for Service Industry Professionals to discuss holiday tipping etiquette, budgeting strategies, and why tipping should feel good, not guilt-driven.

Chapters:

00:00 Showing gratitude during the holidays

09:00 Common tipping questions and answers

16:00 The ethics of tipping

20:00 Financial advice for service workers

Takeaways:

Many tipping norms, such as $2-5 per night for hotel housekeeping, haven’t changed in decades.
Tipping should feel good and be reserved for personalized services where workers directly enhance the experience.
If finances are tight, reduce the number of luxury services you use rather than tipping less.

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