So Money episode 166, Ryder Kessler.

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Welcome to So Money.

Hey everyone, welcome back to So Money. I'm your host Farnish Tarabi. So a question for you, do you ever leave a tip when you go to your local coffee shop? Do you always leave a tip sometimes? You know I do this

maybe once a week depending on how often I frequented the coffee shop. It also

depends on my mood. I'll drop a dollar in the jar, maybe a little bit more if my order is particularly

complicated and say there's like a really long line and the staff's being really cheerful and

doing a good job of getting everybody ushered through the line.

So it's not a daily habit or even a regular habit.

And it used to be that when we were paying with cash for most of these day-to-day expenditures that tipping was easier, right? We just drop that

dollar in or drop whatever change we got into the jar. But now it's everything's gone

electronic, largely, you know, paying with your Apple pay, with your iPhone, with your credit card.

And so tipping has become less and less of a habit or of a likelihood. And so our guest today actually has come up with a solution.

His name is Ryder Kessler, and he came up with a business idea

while online at his local coffee shop watching people skip the cash tip jar the counter.

He saw a need in the marketplace to help those who rely on cash tips to bolster their income.

And he created a product called Dipjar.

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