Reported 1 day ago
Baby boomers tend to carry more cash than younger generations for several reasons, including their cautious financial habits shaped by economic changes, the tangible budgeting benefits of handling cash, and the convenience it offers. Unlike younger individuals who may prefer digital transactions, boomers appreciate cash's stability for emergencies and the straightforward experience of budgeting with physical money. Their approach highlights a preference for security and reliability in an era increasingly dominated by technology.
Source: YAHOO