Fewer American’s Carrying Paper Money
There always has been talk of a cashless society and these days one In ten American’s no longer carry paper money. A Survey by Princeton Survey Research Associates International found 49 percent carry less than $20 and 78% less that $50.
What this mean, according to the experts is, if we do move toward a cashless society, Americans won’t have a hard time adjusting. With that many people carrying less cash with then and depending more and more on plastic, it shows less of a desire to pay with cash.