This Money Trend Is Bigger Than It Looks

This Money Trend Is Bigger Than It Looks Discover the surprising truth behind the latest money trend that's taking the world by storm. Global cashless payments are on the rise, with credit transfers being the fastest-growing cashless method in emerging markets. Despite this, cash in circulation has stabilized rather than disappeared. In the US, consumer card spending has seen significant year-over-year growth, with a 5.1% rise in May and a 6.3% rise in June. However, concerns are being raised about rising consumer borrowing outpacing income. Join us as we delve into the "K-shaped" pattern of spending, where higher-income households continue to spend while lower-income households trade down or pull back. With cash still accounting for about 14% of US consumer payments, is the trend towards a cashless society really happening? Watch to find out what's driving this big money trend and what it means for your financial future. Time Code 0:00 Intro 0:10 Myanmar News 1:00 Myanmar News 2:30 News 3:00 News 4:00 Myanmar News Facebook တွင်လည်းကြည့်ရှုနိုင်ပါသည်။ Like and Share လုပ်ပေးဖို့မမေ့နဲ့နော် https://www.facebook.com/profile.php?... Youtube Channel ကို Subscribe and Share လုပ်ပေးခြင်းဖြင့်ကူညီပါ    / @mytv8362   Youtube Play List    / @mytv8362   #WealthBuilding #FinancialFreedom #MoneyMindset #SmartInvesting #FinancialGrowth