Young Americans Hate Cash

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: American adults under age 30 hate cash so much that 51 percent of them will use plastic, even for purchases amounting to less than $5. That’s according to a survey released on Wednesday by CreditCards.com.

Source: Businessweek.com

Date: August 27, 2014

Link: http://www.businessweek.com/articles/2014-08-27/plastic-beats-cash-among-young-adults#r=hpf-s

Questions for Discussions:

  • What does this report say about changing attitudes towards alternatives to cash?
  • Why do you think these trends are growing?

Leave a Reply