We all know that the international spread of COVID-19 is bad news for the economy. Medical providers all over the world have been sent into overdrive, while financial markets have seen their new lows. With so much market uncertainty amidst the global pandemic, the conversation has shifted from cryptocurrencies, properties and hot stock picks to… hoarding cash?
Keeping stacks of cash handy at home may seem like something only your aunties or uncles are prone to doing, but it offers plenty of benefits. Here are three reasons why cash is now king, even in an age of contactless payment.