Some advice from Gen Z: Try Venmo-ing cash for Christmas

Some advice from Gen Z: Try Venmo-ing cash for Christmas
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Why This Matters

Innovations like this demonstrate how technology can solve real-world problems and make daily life better for millions.
Personally, I can never bring myself to tell people that I’d rather forgo their gift and just get cash instead—or better yet, a Venmo money transfer. It feels almost too blunt, a cheap shot. So each year, when I unwrap another pair of socks, I smile through gritted teeth. I feel a twinge of guilt in admitting it. But, to my relief, it appears I’m not the only one. A new Wells Fargo survey finds younger generations are driving a shift toward digital cash gifts, choosing convenience and flexibility over traditional wrapped presents. A staggering 45% of Gen Zers and 42% of millennials say they...
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