A new survey finds a lot of folks prefer cash. In fact, 51% of folks say using cash helps them budget their money.
Gen Z (teens through mid 20's) are the most likely to prefer cash, with 52% saying it’s their preferred payment option.
Most people say they keep an average of $52 on them at all times.
75% also keep an emergency stash of about $89 hidden in their home.
20% say that emergency stash is more than $200.
18% will keep it in a home safe. But many others will keep their emergency stash in a more unusual spot including
- Mattress
- Secret books on the bookshelf
- Trailer hitch
- Old prescription bottles