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The Independent UK
The Independent UK
Business
Ella Walker

The cash-only trend – what you need to know

Having cash in your pocket gives you more options (Alamy/PA) -

Whatever some people might say about cash dying out, we all still need it sometimes, whether it’s for the supermarket trolley, or to use the lockers at the pool. But while older generations remember a time when cash was king, and paying on card wasn’t ubiquitous, a younger generation is coming around to physical money and how inclusive it can be.

“The younger generation is learning what we all oldies were doing for decades,” says Simon Phillips, managing director of No1 Currency. “People are putting cash first to enable them to budget better, have more intention and be more mindful with their spending, whether that’s at home or on holiday.”

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