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Bankrate's Rossman on the changing tip culture and why Americans hate it

Bankrate's Rossman on the changing tip culture and why Americans hate it

Money Life with Chuck Jaffe · Money Life with Chuck Jaffe

June 6, 20241h 1m

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Show Notes

Ted Rossman, senior industry analyst at Bankrate.com, discusses a just-released survey which shows that Americans are getting fed up with being asked to leave a tip at everything from a self-service checkout counter to a pick-your-own strawberry farm. The survey showed that nearly 3 in 5 American adults have at least one negative view of tipping, with a surprising number being upset enough that they have stopped tipping even at sit-down restaurants. Bruce Kahn, lead portfolio manager at Shelton Sustainable Equity Fund discusses how ESG investing has moved past simple screening techniques, but for all the good of sustainability it still boils down to valuations. Todd Rosenbluth, head of research at VettaFi, goes small-cap with his ETF of the Week, and Chuck answers a question from a listener who wants to know if the long-time favorite investment of her father is something she should hold onto now that she has inherited it.