---
title: Cashing Out?
date: 2019-03-08T07:00:00-05:00
author: University of Maryland
canonical_url: "https://today.umd.edu/cashing-out-6d0a4b61-8a0f-4942-9815-af232f249499"
section: Articles
---
# Cashing Out?

*March 8, 2019* — by [Kiplinger’s Personal Finance](/author/kiplingers-personal-finance)


> As U.S. Shifts Toward Cashless Society, a Professor Explains Pros, Cons

*E Payment i Stock 978944184 1920x1080 — Illustration by iStock*

An increasing number of Americans are making purchases without pulling out their wallets. In a Q&A published yesterday in Kiplinger, Joseph Bailey, associate research professor at the Robert H. Smith School of Business and executive director of the QUEST Honors Program, discussed the pros and cons of an increasingly cashless society—and suggested looking at college students to see the future of how we spend. Read the Q&A here.


**Topics:** [Research](https://today.umd.edu/tags/research)


**Tags:** [Finance](https://today.umd.edu/topic/finance), [Research](https://today.umd.edu/topic/research)


**Units:** [Robert H. Smith School of Business](https://today.umd.edu/topic/robert-h-smith-school-business)