Tipping Tips: How to Reward Good Service Without Draining Your Bank Account

Tipping Tips: How to Reward Good Service Without Draining Your Bank Account

From PennyWise: Personal Finance & Travel Tips by Lee Enterprises

April 20, 2026 · 28 min · Season 5 · Episode 15

About this episode

This episode discusses the evolution of tipping and how to reward good service while managing finances.

In this episode of PennyWise, host John Kiernan is joined by Dr. Michael Lynn, a professor of consumer behavior and marketing at the Cornell School of Hotel Administration, an expert on tipping, and author of the new book “The Psychology of Tipping: Scientific Insights for Services Customers, Workers, and Managers.” John and Dr. Lynn discuss how tipping has expanded over the years and what listeners can do to reward good service while protecting their finances.  More on this episode from WalletHub:  WalletHub Tipping Survey  How Much Should You Tip? Best Credit Cards for Dining  Tip Validator Budgeting Tools  If you want to take your finances to the next level, sign up for a  WalletHub Premium subscription . You can get a personalized debt repayment plan, along with budgeting tools, credit-improvement help, identity protection and more. And if you want to find the best financial products, always add “WalletHub” to your search!  

People in this episode

Host: John Kiernan

Guest: Dr. Michael Lynn

Topics covered

  • tipping
  • consumer behavior
  • financial advice
  • service industry
  • budgeting

Keywords

  • tipping tips
  • consumer behavior
  • financial management
  • service rewards
  • budgeting tools

Mentioned in this episode

Organizations: Cornell School of Hotel Administration, WalletHub

Books & works: The Psychology of Tipping: Scientific Insights for Services Customers, Workers, and Managers

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