According to a survey by Virgin MoneyFrom the Latin word moneta, nickname that was given by Romans to the goddess Juno because there was a minting workshop next to her temple. Money is any item that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular region, country or socio-economic context. Its onset dates back to the origins of humanity and its physical representation has taken on very varied forms until the appearance of metal coins. The banknote, a typical representati... More in the UK, 7.6 million adults say they are hoardingThe term refers to the use of cash as a store of value. However, the term has a negative connotation of concealment, and is often used in the context of the war on cash. See Precautionary Holdings. More cashMoney in physical form such as banknotes and coins. More representing an estimated total of £ 1.3 billion. The main reasons for saving cash are:
The research finds that beyond the cash at home, people have more than £7,000 on average in current accounts and poorly performing savings accounts and ISAs, which they can readily access.
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