Kylie Moore https://www.traviscu.org 0m 123 #covid19
Sign Up For An Account To Start Posting Your Own Confessions!
The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
COVID-19 hasn’t just changed how we’re spending or saving our money – it’s changed how we’re handling cash as well.
In a new study by Travis Credit Union, half of Americans said that they’ve been using less cash during COVID-19 than they were before the pandemic. Many have even gone so far as to avoid a situation that called for cash – no surprise, given that 1 in 3 say they’re not using it due to health concerns.
Highlights include:
- 58% of Americans plan to stop using cash completely after the COVID-19 pandemic
- 49% want cash and coins phased out permanently after the COVID-19 pandemic
- 7 in 10 foresee a completely cashless future
Take a look at the full study, which includes a breakdown of cash habits by generation.
(
