ALL THE MONEY NEWS YOU NEED TO KNOW | |
Good morning and happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused edition of The Daily Money. |
Admit it: When you're checking out at a coffee shop or picking up some food and the cashier flips the display around to include the tip screen, do you grumble a bit inside? |
Nearly 2 out of 3 people asked in a recent Bankrate survey said they have negative feelings about tipping. Another study by LendingTree examined government data to identify which states had the highest and lowest tipping rates. | A view of the tip jar at Coffee Emporium in Over-the-Rhine, pictured on Friday, May 26, 2023. Stephanie Scarbrough/The Enquirer / USA TODAY NETWORK |
Shopping habits are changing |
Have you heard of valuespending? It's a term that Lightspeed Commerce, a point-of-sale commerce platform that serves a variety of retail and hospitality clients, came up with to describe shoppers who are choosing to shop brands and retailers that align with their values. |
According to a survey of 2,000 shoppers aged 18 and older by Lightspeed, 92% of respondents said they are somewhat intentional in their shopping habits these days. And Gen Z shoppers are leading the charge. |
Say no to an inheritance? |
The so-called great wealth transfer has begun, reports my colleague Medora Lee. Nearly $124 trillion in assets will change hands through 2048, according to estimates by the consulting firm Cerulli Associates. |
However, if you have a big inheritance coming, you may want to consider refusing it. Here's why. |
📰 Consumer stories you shouldn't miss 📰 |
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. | | A new Bankrate survey says 63% of Americans have a negative view of tipping Plus, what states have the highest, lowest tippers? | | This isn't your parents or grandparents pattern of shopping. Gen Z'ers are changing things up. | | | | The largest wealth transfer in history has begun. It doesn't mean you have to accept everything bequeathed to you. Here's when you may want to say no. | | | | Use this simple yet effective method to keep track of all your keys. | | | | Middle East tensions have ebbed in recent days. But experts warn prices in the U.S. could jump if Iran further retaliates in the Strait of Hormuz. | | | | The Postal Regulatory Commission is reviewing a price jump on the Forever Stamp among other products. | | | | House flipping has become a lower profit project than in years past. What a realtor says you need to know before you start one. | | | | The summer has officially begun. Here's how drivers should deal with vehicle air conditioning issues amid high temperatures. | | | | With gold prices at historic highs, even old jewelry could fetch thousands. Thinking of turning your gold into much-needed cash? Here's what to know before you sell. | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | |
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