Economics @ ITT

Paying with cash costs Americans $200 billion a year

Posted in economics by ittecon on October 11, 2013

I rarely use cash.

A new study by Tufts University, The Cost of Cash in the United States, puts that price tag at $200 billion a year for both American consumers and businesses. For the average American family, the cost of cash is about $1,739 a year.

via Paying with cash costs Americans $200 billion a year – TODAY.com.

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