THE FUTURE OF MONEY
Apr 01, 2019
4 minutes
by Megan Donnelly
Ding, your online pizza order goes through. Buzz, a notification alerts you to a mobile payment. Your friend returned the $6 she borrowed. Today we can bank, spend, and keep track of money with apps on our phones. Ask your parents how they used to handle money in the days before the internet. There’s a world of difference. Computers and smartphones have changed our financial lives. What will happen next?
Money In, Money Out
In the old days, people brought cash or paychecks to the local bank. A teller would assist them with a deposit and give a paper receipt. Tellers helped people withdraw money too. With the invention of ATMs in the late 1960s, it became possible to withdraw cash without waiting in long
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