Every study I've seen shows that people spend and tip more when they are using credit cards than cash. Do high and mid income earners walk around cash and use it a lot at any place but strip clubs?
I'd tend to agree at restaurants (anecdotally). But, when I tip at a bar with cash, it's a buck a drink, even when it's a 2 dollar coors light. If I pay with credit card, the 20% thinking kicks in and that's what I tip. 40 cents on a 2 dollar beer.
I'd tend to agree at restaurants (anecdotally). But, when I tip at a bar with cash, it's a buck a drink, even when it's a 2 dollar coors light. If I pay with credit card, the 20% thinking kicks in and that's what I tip. 40 cents on a 2 dollar beer.