Slip The Hostess A $50 Bill

Media / Blog

Slip The Hostess A $50 Bill

Prev

Four Alternatives to Consider if the Stock Market Declines

June 24, 2017

What’s your worst nightmare on a Saturday night?  We live near a massive outdoor shopping and eating complex called Avalon.   Filled with 20 or so restaurants, it’s generally buzzing on the weekends with couples and families walking around spending money in the stores and grabbing a bit at the cuisine of their choice.   My worst nightmare on a Saturday night is taking the family out or meeting some friends and stepping up to the hostess who tells me it is going to be an hour and a half wait to get a table and puts our name into the software so we can track how far back we are in the line to eat.   Nightmare, nightmare, nightmare!!

A few weeks ago, a friend of mine flew into town and we went to grab dinner at a hot spot in Buckhead where they told us our wait was going to be one hour and fifteen minutes.   When I heard the hostess shout out the lengthy amount of time we would have to stick around, I told my friend we’d be best off finding somewhere else to be.   Then it happened.  Something that I’ve seen work in the movies and thought had gone out the window circa 1985 and my friend changed my mind about what kinds of financial tactics still work in today’s modern day and age.

He glanced at the hostess and said, “Hey, can I ask you a favor?” as he pushed a $20 bill across the counter.  “I’m sure that there is nothing you can do, but please take this if there are any openings that happen to come up quicker then let us know.”   When I saw him push the money across the hostess stand not even done in a discreet way I thought to myself how embarrassing this situation is going to be.   We turned our backs as she scraped up the $20 bill and headed over the bar for a drink.

As my friend and I grabbed a cocktail I said, “What was that?  You know with all of these waiting apps today that kind of old school give money to the hostess stuff doesn’t work anymore, right?”   He quickly gave me a quasi staring glance and said, “Yeah, it works all the time.  Everywhere I go, I have no reason to wait in line.  I just give them a tip and magically I am at the head of the line.”   As he blurted out this statement I laughed a little bit and thought it would be best to take our drinks and head to the patio scene.

As we worked our way to the patio, he shared with me WHY he uses this technique.  He started discussing the concept of an HOUR of time and what one hour of time is actually worth today. If an hour of your time is worth $100, $200, or even $500, why in the world would you ever make you, your friends, or your family wait if you could spend money to get to the front of the line.  They do it in places like Disney World with the fast pass, so why not fast pass yourself at the restaurant?

About five minutes later on the patio, a buzz came into my phone.  Sure enough it was the hostess saying that my table was ready for us to sit at RIGHT NOW!  Not only did we get a table, but we got one of the best patio tables in the entire place.   As we sat down, an incredulous look came across my face almost in bewilderment of what just happened at the restaurant.  I said to my buddy, “There is no way I thought that kind of stuff had worked anymore.  If I had known that, I would have used it a week ago in Savannah where we had to wait 90 minutes for dinner.”  He said to me, “Just remember Ted, what is an hour of your time worth?  If you can get seated for less than that do it every single time.”

Next time I am in line for a long wait, maybe Uncle Benjamin will join me and find us a seat within the blink of an eye.

Next

What Blackjack Will Teach You About Retirement

Sign Up

Sign up for our exclusive Sunday Paper with a weekly market commentary, insightful personal finance blogs, and life changing education guides.

Email sign up

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

This site is published for residents of the United States only. Registered Representatives of Kestra IS and Investment Advisor Representatives of Kestra AS may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact Kestra IS Compliance Department at 844-553-7872.

PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. Kestra IS and Kestra AS makes no representation as to the completeness or accuracy of information provided at these web sites. Nor is Kestra IS and Kestra AS liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, web sites, information and programs made available through this web site. When you access one of these web sites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.