What is a risk of using cash?
Question & Answer
What is a risk of using cash?
1 Answer
Verified archiveA risk of using cash, as highlighted in EverFi courses, typically includes:
- Loss or Theft: Cash cannot be easily replaced if it is lost or stolen. Unlike credit or debit cards, which can be cancelled or reimbursed for unauthorized transactions, lost cash is gone permanently.
This is one of the primary risks associated with carrying or using cash.