Nerdy Tips on Tipping, and Managing High Credit Card Annual Fees
Feel less awkward about tipping with our Nerds\u2019 tipping tips. Then learn about credit cards with high annual fees.\n01:12 This Week in Your Money: Sean Pyles and Liz Weston discuss when to tip, when not to tip and how much you should tip \u2014\xa0not just in restaurants but also in places where people haven\u2019t historically tipped, like grocery stores and self-serve frozen yogurt places. They also talk about the broader economic implications of tipping and different tipping standards around the world.\n07:36 Today\u2019s Money Question: Erin Hurd joins Sean Pyles and Sara Rathner to discuss credit cards with high annual fees: why are they so expensive, what benefits do they offer, and how can you make sure you\u2019re not leaving money on the table if you use them? They talk about what to consider if you\u2019re thinking about getting one, how to get the most out of your rewards points and understanding when it might be time for a product change.\n19:16 Takeaway Tips.\nIn this episode, Sean, Liz, Sara and Erin discuss: the etiquette of tipping service workers; the economics of tipping; waitstaff gratuities; profit margins; CEO salaries; credit cards with high annual fees; credit card rewards points; travel rewards and hotel perks; product changes; canceling credit cards; credit card terms and conditions; credit card authorized users; and how credit cards can impact your credit score.\nTo send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.\nLike what you hear? Please leave us a review and tell a friend.