Word on the Street: Carrying cash

A new study by the Federal Reserve Bank of Boston found that the average American carries about $22 in cash on them daily. The same study found that the amount of cash in circulation actually keeps

News 12 Staff

Jan 16, 2015, 4:35 AM

Updated 3,620 days ago

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A new study by the Federal Reserve Bank of Boston found that the average American carries about $22 in cash on them daily.
The same study found that the amount of cash in circulation actually keeps rising. There is $1.2 trillion in cash outside of banks, which is up 20 percent since 2011.
News 12 Brooklyn hit the streets to find out much cash residents carry on average.