While Caro and Rand find value in keeping cash on hand, Tipiwa Walker told CNBC that physical currency is often a hindrance. “Having large amounts of cash in your wallet makes you more ...

While cash remains widely carried, usage has been slipping: in 2024, 83% of consumers said they used it at least once in the past 30 days — down from 87% in 2023, according to the Federal Reserve.

As gold prices hit all-time highs, owners of vintage baubles and family heirlooms are scrambling to trade them for dollars — and the frenzy has sparked a cash shortage across New York City’s Diamond ...

Why it's a bad idea to stash cash at home. While that envelope of hundreds in your sock drawer might feel like a fallback to protect you if the world ends, there are some major downsides to ...

How much should you really keep in your checking account? While there’s no one-size-fits-all answer, a common rule of thumb is to keep enough in your checking account to cover one to two months ...

For example, she cites Berkshire Hathaway Inc. (ticker: BKR.A, BRK.B), which held a record $347.7 billion in cash and cash equivalents, representing about 27% of total assets, as of March 31.