The Christmas shopping rush is just weeks away but despite this big season for spending, 16 per cent of British 18-24 year olds never cash and many will throw loose change that could be saved for purchasing presents in the bin, that’s according to a survey from Meccabingo.com.
This right Royal attitude to never carrying cash, just as The Queen famously does, demonstrates that the age of contactless payment is changing our attitudes to money and its value.
A further 38 per cent of young people carry less than £10 with them at any time, compared to the average Brit aged 55 or over; 50 per cent of this age bracket typically carries £20-£40 on them.
You can find out more info in the infographic below
