The Dominance of Cash in Gen Z’s Purchasing Habits: Reasons and Implications

**Title:** Gen Z and Cash: How Gen Zers Are Saving Money with Cash Payments

**Description:**

Are you curious about how Gen Z is managing their money? According to a Credit Karma report, a surprising 23% of Gen Z individuals prefer using cash for most of their purchases[^1^]. But what’s the reason behind this trend?

The report reveals that nearly 70% of Gen Z, comprised of individuals born between 1997 and 2012, have increased their usage of cash[^1^]. However, it’s interesting to note that even though cash is gaining popularity, many shoppers still prefer touchless payment options like Apple Pay to avoid the hassle of carrying a wallet[^1^]. On the other hand, some Gen Zers find that using cash acts as a psychological barrier to overspending, helping them stick to their budget more effectively[^1^].

So, why are Gen Zers turning to cash? The Credit Karma report states that 59% of those surveyed believe that using cash helps them stay within their budget[^1^]. It offers them a tangible way to control their spending and avoid excessive debts.

What’s your best money-saving tip? Share your thoughts in the comments below or text us at 704-329-3600[^2^]. Whether you’re a Gen Z individual or not, this video provides valuable insights into how using cash can be an effective tool for saving money. Don’t miss out on this informative discussion!

**Keywords/Tags:** Gen Z, Gen Z cash, Gen Z shoppers, Gen Z money sense, #wakeupclt, using cash, why to use cash, paying in cash, pay cash, use cash, cash money, cash versus, cash vs card, credit card, Apple Pay, Kia Murray, Charlotte, Charlotte NC, Charlotte North Carolina, WCNC, North Carolina, using cash for purchases, #shorts, YouTube shorts, shorts, money news, financial tips, how to save money, use cash to save money

**Sources:**

[^1^]: [Credit Karma: Gen Z Turns to Cash for Purchases](https://www.example.com/credit-karma-gen-z-turns-to-cash-for-purchases)
[^2^]: [Text us at 704-329-3600](https://www.example.com/contact-us)

A Credit Karma report found that 23% of Gen Z uses cash for most of their purchases.

Let’s get into the details. The report says that nearly 70% of Gen Z, which is made up of people born between 1997 and 2012, are using cash more. Still, most shoppers say they prefer using touchless options, like Apple Pay, to avoid carrying a wallet. Others say carrying cash makes it too easy for them to spend too much money.

So why is Gen Z using cash? To budget. Credit Karma reported that 59% of those surveyed said they’re able to stick to a budget better when they use cash.

What’s your best money-saving tip? Comment below or text us at 704-329-3600. #genz #money #cash #shorts #news #wheresthemoney #wakeupclt #charlotte #charlottenc #shopping #finance #debt