Paying with cash hurts less for the younger generations
Cash in an envelope is a traditional, appreciated Christmas gift to grand children and young relatives. But does it still feel like paying with real money? Carin Rehncrona writes in The Conversation about the "pain of payment effect" and how we have shifted from thinking that cash is more painful to spend than digital money, to the opposite – that purchases with cash don't feel like they are part
https://www.ses.lu.se/en/article/paying-cash-hurts-less-younger-generations - 2025-12-07
