In 2018, the most popular reason why people carried cash is to pay for small things and because it provided a peace of mind, with 67 percent and 55 percent of the respondents in a nationally representative UK consumer survey advising so. Almost one fifth of people find managing their money easier when they carry it in cash.
Share of people who carry cash in the United Kingdom (UK) in 2018, by reason
Characteristic
Share of payments
They like to pay for small things with cash
67%
It provides peace of mind (i.e. in case they can’t pay for something with a debit or credit card)
55%
They like to have options/ choose how they pay for things
35%
They find it easier to manage their money when they know how much is in their pocket
19%
They prefer to pay for things with cash
15%
They believe cash is more convenient when settling debts with friends or family
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ECB. (March 1, 2019). Share of people who carry cash in the United Kingdom (UK) in 2018, by reason [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/
ECB. "Share of people who carry cash in the United Kingdom (UK) in 2018, by reason." Chart. March 1, 2019. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/
ECB. (2019). Share of people who carry cash in the United Kingdom (UK) in 2018, by reason. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/
ECB. "Share of People Who Carry Cash in The United Kingdom (Uk) in 2018, by Reason." Statista, Statista Inc., 1 Mar 2019, https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/
ECB, Share of people who carry cash in the United Kingdom (UK) in 2018, by reason Statista, https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/ (last visited November 24, 2024)
Share of people who carry cash in the United Kingdom (UK) in 2018, by reason [Graph], ECB, March 1, 2019. [Online]. Available: https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/
