Current:Home > MyThe Daily Money: Are cash, checks on the way out? -Wealth Nexus Pro
The Daily Money: Are cash, checks on the way out?
View
Date:2025-04-13 23:25:21
Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused The Daily Money.
When is the last time you pulled out cash to pay for a purchase? Or what about your checkbook? Do you mostly rely on your credit or debit cards or maybe Apple Pay or other digital forms of payment?
Paul Dickson of Kensington, Maryland, said he feels like he is transitioning between two worlds – businesses that won't accept cash or checks – and businesses that are charging a premium to shoppers who want to pay with credit card.
Are we heading toward a cashless or checkless future? Is it even legal for a business to refuse to accept cash?
I've explored that topic in a story.
Did your portion size shrink?
Are we in Alice in Wonderland or are product sizes getting smaller?
"Shrinkflation" – the practice of putting less product in a package – has been around for decades, but it has captured the public imagination this year, Daniel de Visé reports.
President Joe Biden said he’d “had enough” of shrinkflation in a February Super Bowl ad. Cookie Monster, the Muppet, went viral in March with a tweet that proclaimed, “Me hate shrinkflation!” And Biden echoed those sentiments, with better grammar, in his State of the Union address.
Is Shrinkflation on the rise?
📰 Consumer stories you shouldn't miss 📰
- Here's how one senior fell for the growing gift card scam, FastCompany reports.
- Half a home for sale for half a million?
- Here's how to free up space on your iPhone.
- Red Lobster isn't done yet.
- The student loan "on ramp" ends soon.
🍔 Today's Menu 🍔
It's not quite no shirt, no service, but a North Carolina restaurant is bringing new meaning to a dress code for service. The restaurant is getting backlash after a posting about a dress code. No skimpy clothes? OK. No shorts and no white T-shirts? There are actually eight things on their "no" list.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
veryGood! (8)
Related
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Pete Davidson charged with reckless driving for March crash in Beverly Hills
- Got muscle pain from statins? A cholesterol-lowering alternative might be for you
- COP’s Postponement Until 2021 Gives World Leaders Time to Respond to U.S. Election
- Highlights from Trump’s interview with Time magazine
- A new Arkansas law allows an anti-abortion monument at the state Capitol
- What's closed and what's open on Juneteenth 2023
- Pete Davidson charged with reckless driving for March crash in Beverly Hills
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Scientists Track a Banned Climate Pollutant’s Mysterious Rise to East China
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- How poverty and racism 'weather' the body, accelerating aging and disease
- Nicky Hilton Shares Advice She Gave Sister Paris Hilton On Her First Year of Motherhood
- Save 80% On Kate Spade Crossbody Bags: Shop These Under $100 Picks Before They Sell Out
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Fans Think Bad Bunny Planted These Kendall Jenner Easter Eggs in New Music Video “Where She Goes”
- 80-hour weeks and roaches near your cot? More medical residents unionize
- A Plant in Florida Emits Vast Quantities of a Greenhouse Gas Nearly 300 Times More Potent Than Carbon Dioxide
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
A new Arkansas law allows an anti-abortion monument at the state Capitol
On 3/11/20, WHO declared a pandemic. These quotes and photos recall that historic time
Exxon Shareholders Approve Climate Resolution: 62% Vote for Disclosure
Sam Taylor
How poverty and racism 'weather' the body, accelerating aging and disease
You asked: Can we catch a new virus from a pet? A cat-loving researcher has an answer
Why Bre Tiesi Was Finally Ready to Join Selling Sunset After Having a Baby With Nick Cannon