Quote:
Originally Posted by
Dan Druff
The problem with our tipping culture exists on a few levels:
2) When going out to a nice meal, or gambling for relatively big money, it seems trivial to give a few extra dollars. If you're in a $1500 buyin event (or possibly way more), what is the difference between $3 and $5? If you even spend time thinking about that, you're a cheap and insensitive asshole.
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2) The amount you are paying to enter the event is irrelevant. This type of thinking is what makes so many gamblers go broke. "I just lost/won $4000 gambling, so who cares about $15?" The problem is that all of this adds up, and it eventually bleeds into your entire attitude towards money. It is your business how you want to spend your own money. Even if you want to spend $10,000 entering an event, that does not mean that you need to overtip food runners bringing you food while you're playing. By that logic, you should also pay twice as much as the non-gamblers for your meal during the dinner break! Wasting money is wasting money, regardless of the way you spent before.
Thread has me thinking, which is rare lately.
I would
consider myself a reformed Orthodox
Jew.
When I was younger I was an engineer type and later a salary man with a bonus.
My parents were frugal "save for tomorrow" types and I ran with that example. I was a cheap fuck. I denied myself a lot of pleasures and built some savings.
(The best part is I lost all those savings in my first stab at trading).
Perhaps I was a bit cocky and thought I was smarter and harder working than the competition. Didn't really invest much in my relationships. Thrift, smarts and industry will prevail. The Orthodox Jew meets the Puritan work ethic. It's bullshit and small time thinking.
Had buddies who would splash around with their money and lived. Mixed it up with others. I paid attention.
Ten years go by. Who do you think was winning? The Jew? Nope. The Jew was small time.
We now know poker players over the long haul are working a fixed income or return. So many BB/1000 hands.
Druff recognizes this and manages accordingly, I guess.
"They" were the guys who bought the rounds, treated you to golf at the club and had favorable relationships with those they did business with and generally won life.
People once described people who lived your ethic as being "a child of the depression". Hanging up wet paper towels to be reused. Clipping coupons. Using all that energy to manage limited or finite resources.
Use that energy and resources to mix it up with those around you.
I just paid $1700 for service on a Ford Explorer. I thought I had a transmission problem. Turned out to be holes in the radiator and a cooling hose through firewall that subsequently caused transmission to overheat.
I tip the mechanic at the Ford dealership I always frequent. I always try to get the same guy. I walk in there and they know me. Mechanic takes a moment to talk to me about the truck or Red Sox. The dealership agreed to invoice my business so I get 30-60 days to pay. I think I have a relationship.
I feel like something special when I walk in there - so if nothing else, I am happy. Lol, $40 on a $1700 bill.
Relationships, a happy attitude, share a bit of the wealth. It's a personal battle I fight every day.
It really is not how I am wired. It's hard to fight your upbringing and childhood. At my core I am a cynical, cheap, loner (without a gun permit).
It takes courage to splash around a little with money and relationships. If you think you're a smart guy you'll survive a setback.
Would love Drexel or cmoney's philosophy or take. Anyone else for that matter.