Australians feel more uncomfortable carrying large amounts of cash around in their wallet or purse than any other people in the world, a new global survey of more than 7000 people shows.
According to the survey, by credit card company Mastercard, 88% of Australians don’t like carrying a lot of money around, ahead of New Zealand (87%) and Singapore (58%).
People from those three countries were also most likely to say they carry less cash around today than they did five years ago.
A majority (60%) of Australian respondents to the survey said they usually carry the equivalent of $US50 or less in their wallet, while people in Italy were the most likely to have a big wad of cash with them. Consumers in Singapore and China were the most likely to carry less than $US50 in cash at a time.
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