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2025-01-08 07:36:36 UTC

@[email protected] has moved on Nostr: The return of cash continues... partly driven, possibly, by the cost of living crisis ...

The return of cash continues... partly driven, possibly, by the cost of living crisis encouraging 'budgeting by envelope' - the distribution of cash to different envelopes for different uses (food, energy etc.).

Looks like the banks' attempts to promote the cashless society (to their advantage) may have stalled for a while, at least... well until they remove yet more ATMs from the UK, that is

#cash #banks

https://www.theguardian.com/money/2025/jan/07/cash-makes-surprise-comeback-amid-46-annual-rise-in-atm-withdrawals