Do You Realize That Some Gen Z'ers Have Never Handled Physical Money?

My Grandchildren have no idea of money and the actual value and cost of things ….they don’t use money, just cards or their phone. Like you I had a piggy bank and saved. I had jobs from being at school and earnt money . I do believe that’s the way it should be. Youngsters today wouldn’t even recognise the coins …..

I continue to use cash, and currently operate out of a mostly cash system. I do it for two reasons. One, I feel more in control of my money, and can SEE when it is spent and FEEL when it is spent. I also want to play a role in keeping cash around as a system. It's like my technology comment in your latter post. There are times when digital is not going to work. Say, after a major tornado, earthquake, or hurricane. We need to be able to not only have physical cash around for needed transactions when disaster strikes, we need to know HOW to handle it. Think of it another way. In the event of an emergency, the moment the lights go out and the point of sale devices cannot process a transaction, if you have cash when this happens, you will instantly be THE richest man in town.

Well, I always carry small cash sometimes it can't be done with a card or online transactions.

I'm 70. It seems I rarely handle money. I do always have cash. It stays in my wallet for months, do I could easily do without it

I had to use cash for a long time. Thanks to the digital world that I need not draw cash from my bank account.

There's a lot of things that today's youth have not been exposed to. It does boggle the mind.

Astounding is the right word for it. I agree.

My goodness, I had not realized this Lou.

That's really quite sad.

I used to think it was funny when I'd write a check in Walmart (or other stores) and new clerks wouldn't know how to process them... I'd have to stand there and explain exactly how to run the check through and what buttons on the register to press so I could pay for my stuff. I had/have a "piggy bank" (It's actually and old denture cream container that dad cut a hole in the lid for me when I was little for me to save my coins in. I still have it.) and then started working at 13 and drawing a paycheck. I'd cash that and buy things I wanted/needed. I can't believe that kids nowadays don't still have piggy banks and get coins for things. Heck, they can walk along and pick up coins off the ground!

I did not know that Gen Z never have handled money before.