Tipping Culture Is Completely Broken

Video Description

Thanks to Betterment for sponsoring this video! Get started, be invested, Sign up in minutes: https://www.betterment.com/influencer/the-financial-diet?utm_campaign=INF&utm_medium=paid_social&utm_source=Instagram&utm_content=tfdinvesting Go to https://meetfabric.com/FINANCIALDIET and start investing in your child today. In our first video essay of 2025, we're diving into the dark evolution of tipping culture in America, and how we got to a place where customers — rather than employers — are becoming more and more responsible for workers' livelihoods. Special thanks to: Georga-Kay Whyte: https://www.georgakaywhyte.com/ Jake Cornell: https://www.instagram.com/jakewcornell/?hl=en SOURCE LINKS: https://www.cbsnews.com/news/tipping-backlash-inflation-who-should-get-tipped/ https://time.com/5404475/history-tipping-american-restaurants-civil-war/ https://www.reddit.com/r/EndTipping/comments/18lkykb/american_tourists_bringing_their_tipping_culture/ https://bipartisanpolicy.org/explainer/the-2025-debate-no-taxes-on-tips-simplified/ https://www.ilr.cornell.edu/carow/carow-policy/minimum-wage https://www.cnbc.com/2023/07/12/how-much-people-tip-in-the-us-compared-to-other-countries.html https://www.epi.org/publication/rooted-racism-tipping/ https://www.paychex.com/articles/human-resources/tip-credits https://ny.eater.com/2018/2/6/16978464/danny-meyer-tipping-staff-turnover https://lipskylowe.com/services/nyc-wage-and-hour-attorney/new-york-city-employer-tip-theft-attorney/ https://www.northjersey.com/story/news/business/2023/12/06/tipflation-tipping-culture-america/71799240007/ https://www.cssny.org/news/entry/shortchanging-tipped-workers https://budgetlab.yale.edu/news/240624/no-tax-tips-act-background-tipped-workers 00:00:00 Intro 00:03:59 Ad break 00:06:00 Intro 2 00:09:56 The history and dynamics of tipping 00:21:18 The tipped minimum wage 00:30:40 “The screen is just gonna ask you a few questions” culture 00:39:17 What it's actually like to live on tips 00:49:52 The entitlement of withholding tips Join this channel to get access to perks: https://www.youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw/join The Financial Diet site: http://www.thefinancialdiet.com Facebook: https://www.facebook.com/thefinancialdiet Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancialdiet/?hl=en