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In the second part of the Goldstein on Gelt podcast, Doug interviews Michael Lynn, a professor of food and beverage management at Cornell University. Professor Lynn’s work on tipping has been covered by The New York Times, The Wall Street Journal, and other influential publications. Why do people still tip today? Wouldn’t a service charge be more efficient? Listen to the answers on this week’s episode of the Goldstein on Gelt Show.

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Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at [email protected]