COVID-19 has increased discussion on a cashless society
Updated: Oct 9
COVID-19 has increased discussion on a cashless society. Dave Ramsey raised some interesting points last week:
If you are struggling with your mortgage on a particular month, you can’t do an odd job to get you through.
No more piggy banks for your child to collect pocket money & to learn about the value of earning.
No more little jobs on the side because your wages barely cover the bills or put food on the table.
No more selling bits & pieces from your home that you no longer want/need for a bit of cash in return.
No more cash gifts from relatives or loved ones.
How will this impact collection efforts?