Similar Stories to Report: Younger Americans More Likely To Withdraw Cash During Coronavirus on Bing News

By Paula BurkesBusiness writerpburkes@oklahoman.comNearly one in three Americans is stockpiling cash due to fears surrounding the coronavirus. That’s according to a recent survey and confirmations by local bankers and consumers. Of some 1,520 Americans polled online by the LendingTree company MagnifyMoney, 28% have withdrawn money.Read more on NewsOK.com

BING NEWS:
  • Young Americans’ living expenses totalled $67K in 2022 — $5K more than it cost their parents back in 1989. Here’s why it’s not an inflation issue
    It turns out that the two groups spend around the same amount, when you adjust for inflation. Business Insider discovered that millennials in 2022 spent an average amount of $67,883 per year — about ...
    06/5/2024 - 12:04 am | View Link
  • Here's What Happens When You Withdraw $10,000 From Your Bank Account
    Financial institutions are required to report cash transactions, including withdrawals, exceeding $10,000 in a day. Don't try to avoid triggering these reporting requirements -- it's illegal. Withdraw ...
    06/3/2024 - 1:00 pm | View Link
  • Will the money run out? Young Americans and boomers butt heads over future reforms to Social Security — here’s why everyone could be at risk
    C oncerns about the future of Social Security have long been a major political issue in the United States, but a generational divide is now emerging that could impact the future of one of the ...
    06/1/2024 - 11:12 pm | View Link
  • Younger people are drinking less alcohol. Here's why — and what the rest of us can learn from them.
    Younger people are “finding other ways to socialize that don’t center on alcohol,” Dick adds. “The internet has made it easier to find and connect with people who share interests and hobbies. This ...
    05/30/2024 - 6:54 am | View Link
  • Older Kentuckians lost more than $12M to scams in 2023. These were the most common types
    Tech support scams, phony investment schemes, fake romances — they all number among the most common scams targeting older Americans, who reported losing more than $3.4 billion in 2023, according to an ...
    05/30/2024 - 4:17 am | View Link
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