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Kiplinger

Business

Feroz Ansari, CFP®

When a $1 Valet Tip Becomes $5: What Tipping Anxiety Says About Inflation and the Outdated Price List in Your Head

Inflation

Hand holding a U.S. one-dollar bill against a yellow background.

For about 25 years, the valet tip ran on a simple social contract.

$1 was acceptable
$2 was considerate
$5 meant you were really feeling generous

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