Survey says more and more Americans not carrying "inconvenient" cash

Capital One turned the question "What's in your wallet?" into a tagline, but a new survey sponsored by the credit card company is proving that the answer for many people is: "not cash."

A survey of 2,000 people revealed that a quarter of Americans rarely carry cash on them anymore -- and that number jumped to one third when looking at people between 18 and 35 years old.

Forty-one percent of people in that millennial demographic called using the green stuff "inconvenient."

The survey revealed that just 41% of those polled carry cash "regularly," while cash purchases made up less than a quarter of all of their expenditures in a week. Just 21% reported using cash commonly.

For those who did carry cash, they noted carrying $25 on average -- though one in six of those polled say they had no cash on them at all.



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