Gen Z isn’t just into nostalgia for fashion. Shoppers are using cash for more purchases this year than any other generation, and more than half say it’s to save money.
Gen Z is known as the generation born and raised on the internet. Some say banking online actually helps them.
Vlad Winghert, 21, said he prints cash out when he gets paid by mobile deposit, so he can sort it for rent, food or rideshare apps. He said it's helpful for him to physically feel his money. Vang said "higher and higher percentages of people are living paycheck to paycheck," and when you’re living paycheck to paycheck, it's important to make sure you know exactly where every dollar is.
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