Inflation has put a bit of a strain on the budgets of millions of Americans this year, but many still plan to embrace the spirit of giving this holiday season … some generations more than others. Survey from Bankrate finds that the younger folks plan to be most generous with their holiday tips.
They polled over 24-hundred adults about their tipping practices during the holidays and found:
- Millennials come out on top as the most generous holiday tippers, as 62% of them plan to give higher than usual tips to service industry workers, like restaurant staff, bartenders, baristas and hairstylists.
- Gen Z is next with 54% and Gen X is right behind them at 53%, followed by 48% of baby boomers.
- More than half (56%) of those who have a housekeeper plan to tip them or give them a gift for the holidays, up from 47% who said the same in 2021.
- Teachers may even get a little extra cash, as 51% of people who have a teacher in their lives say they’ll be tipping or gifting them this year.
- About half (49%) of respondents with child care providers also plan to tip or gift them.
- 41% of people that employ outdoor service workers, like landscapers, gardeners and snow removal techs say they’ll tip them for the holidays.
- Nearly a third (31%) of people also plan to tip or gift their mail carrier.
- And 22% of those surveyed say they’ll also tip trash and recycling collectors this holiday season.
Source-CNBC
Photo: Getty Images