Monday, July 18, 2016

Who Carries Cash?

How many people are carrying cash in their pockets, wallets, or purses when away from home? According to a Gallup survey, only 54 percent of adults are carrying cash. Among 18-to-29-year-olds, just 42 percent have cash on them when away from home...

Percent who carry cash
Aged 18 to 29: 42%
Aged 30 to 49: 54%
Aged 50 to 64: 55%
Aged 65-plus: 62%

Young adults are also the ones who feel most comfortable without cash—56 percent of 18-to-29-year-olds are comfortable going cashless versus only 32 percent of people aged 65 or older.

Source: Gallup, Most Americans Foresee Death of Cash in Their Lifetime

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