Trying to save money? Our research suggests paying in cash – while you still can
- Written by Lachlan Schomburgk, PhD Researcher in Marketing, University of Adelaide
MultifacetedGirl/ShutterstockCash is in crisis. In Australia, it’s now only used for 16% of in-person transactions, down from about 70% in 2007.
The situation is so dire that on Monday, independent federal MP Andrew Gee introduced a private member’s bill that would force businesses to accept cash or else face big fines.
Digital wallets...Read more: Trying to save money? Our research suggests paying in cash – while you still can
