Study Reveals Gen-Z’s Increasing Reliance on Cash for Purchases

**Title: Cash Usage on the Rise Among Gen-Z | Money News**

**Description:**

In this informative video, we delve into the rising trend of cash usage among Generation Z. According to a recent report by Credit Karma, 23% of Gen-Z individuals prefer using cash for most of their purchases[^1^]. Join us as we explore the reasons behind this shift in payment preferences and uncover insightful statistics.

Did you know that nearly 70% of Gen-Z (born between 1997 and 2012) are relying more on cash for their transactions? While touchless payments like Apple Pay are popular among the younger generation, many opt for cash to avoid carrying a wallet[^2^]. Surprisingly, some even find it easier to control their spending when using physical currency[^2^].

What prompts Gen-Z individuals to choose cash as their preferred payment method? Credit Karma reveals that 50-59% of cash users do so for budgetary reasons and have successfully cut down on their expenses[^2^].

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Furthermore, we stumble upon an interesting trend coined “cash stuffing.” It involves simply stuffing cash into an envelope, reminiscent of the bygone era when many of us used this method[^2^]. It’s fascinating how some habits resurface with a modern twist!

Join us as we unpack the Gen-Z cash usage phenomenon, its underlying motivations, and some nostalgic anecdotes. Don’t miss out on this captivating discussion!

**Tags: [money, news]**

**Sources:**
[^1^]: [Credit Karma Report](https://www.creditkarma.com/insights/cash)
[^2^]: [Full Video Transcript](https://example.com/full-video-transcript)

According to Credit Karma, 23% of Gen-Z uses cash for most of their purchases.