- Start by moving the decimal one place to the left, which gives you $1.05. This is 10%.
- Multiply this by two: $1.05 x 2 is $2.10.
- $2.10 would be a 20% tip on a $10.50 bill.
You don’t have to be exact when figuring a tip. Somewhere in the ballpark of 15-20% is standard. Of course, you always have the option of withholding a tip or leaving less if you were dissatisfied with the service, but this is frowned upon given how much servers rely on tips for income.
HAIRSTYLISTS TO HOUSEKEEPING
Tipping etiquette usually falls in two categories — a percentage of the total cost or a small cash tip. The more complicated or intensive the service, generally, the more you tip. Most spa, beauty and barber treatments should be tipped based on the total cost. So, if your haircut was $65, you’re expected to add between 10% ($6.50) and 20% ($13) for a tip. If you’re unsure, do some internet research on the specific industry’s tipping guidelines. And if you’re traveling abroad, make sure you read up on international tipping.
If you’re traveling within the U.S. and staying in hotels, taking taxis, using coat checks and valet services, you should plan to bring some small bills. Standard cash tips are $1-5 each for everyone from the housekeeper to the concierge.
TAXIS AND RIDE SHARES
The etiquette for tipping your ride share driver depends on which service you use. While Lyft has offered the option to tip drivers since 2012, Uber only just added in-app tipping in July 2017. For short rides, $1-2 is pretty standard, although you might add more for difficult rides or challenging circumstances.
TO TIP OR NOT TO TIP?
While it’s important to be aware of your own budget, there are instances where tipping is expected and appreciated. Overall, be considerate of the common practices in the industry and everyone will walk away happy.
As always, we’ve got your back. — The On Your Own Team
[Any reference to a specific company, commercial product, process or service does not constitute or imply an endorsement or recommendation by On Your Own, the National Endowment for Financial Education or any of its affiliate programs.]