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This is not a general Europe thing. I live in Denmark and I only use cash to try and teach my kids about money. I can't remember the last time I paid cash for a
by KSteffensen 5y ago
This is not a general Europe thing. I live in Denmark and I only use cash to try and teach my kids about money. I can't remember the last time I paid cash for anything. I'm tempted to say it has been a decade or so.
- blntechie 5y agoVery good point about using cash to teach kids about money. I just began teaching my kindergarten going son about money and some of the things he has learned watching us is very insightful. For all purposes, money for him is our phone. He has seen countless places where we pay with phone to buy things (using QR codes) and that has given him an impression that a phone can get anything from a store. For me, in my own childhood days, money as in cash was easily understandable as a finite resource because once it’s given to someone, it cannot be taken back. So I learned just by watching that money carries a value and is limited. But just scanning a phone or card with no concept of finiteness will carry some repercussions I think in future. Will be interesting to watch the future generation who might grow without concept of cash money.