Alright, let's jazz this up a tad! Picture a conversation with your best buddy over a coffee:
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Millennials are Playing Hard to Get with Credit Cards at the Mall
Wait till you hear this! Millennials, yep, those tech-savvy whippersnappers, are opting to leave their credit cards snug and secure at home when they venture out to the mall. Can you believe it?
Ready for the actual science behind it? A recent poll by Cardtronics spottied that a whopping 71% of millennials are intentionally bidding adieu to their plastic pals to reign in their spending. It's a bit of a shocker, right? Despite the steady climb in digital payment methods and millennials being digital trendsetters, about 67% still favor cold, hard cash when shopping, while 73% believe cash is king when settling up with buddies.
Not Just a Millennial Thing
The wave of cash favoritism isn’t just blowing through the millennial crowd – other generations are also catching this cash-only breeze. Cash dominates in 79% of personal transactions, and more than half of consumers think cash is a cool way to split a restaurant bill.
Curious to know more? Check this out, a piece on "How Paying With Cash Can Boost Your Savings and Happiness".
But Why, Oh Why, the Cash Craze?
The one place where cash is still the reigning monarch is at most brick-and-mortar retailers. In our beloved grocery stores, 43% of shoppers flash cash over cards and it's the same story in pharmacies.
One masterstroke of cash is the ironclad security …
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