‘I think cash is so important!’: Londoners on real money

We ask Londoners how important they think cash is.

Transcript

00:00I definitely think all businesses should still have to take cash for several reasons. I think

00:06one, certain people, especially if people are suffering from domestic abuse, if they

00:13use a card, then someone can track them and know where they're going. You know, they can

00:19monitor where they're using their card. For elderly people, it might be difficult to not

00:25be able to use, you know, smartphones or cards. So I think, yeah, I think it is still

00:32something that we should still be using, definitely.

00:37I really think cash is important. I think cash helps us, like, manage our budgets. And

00:42you can forget about that when you're just paying digitally. You just forget what's coming

00:46in and out of your account. It feels very distant, whereas when you're holding the money,

00:51you really remember how much you've got left. And it makes you much more cautious around

00:55overspending.