If cash is dead, why are so many people using it?

first_img continue reading » Cash is going out of style…or so some companies would have us believe. Indeed, cash may be out for many industries including technology groups and networks. But let’s be honest, who would benefit most from a mass consumer abandonment of traditional payments? A recent study from the ATM Industry Association (ATMIA) on the past five years of currency circulation in thirty countries found an average growth rate of 8.9%. The U.S. had an increase of 6.9% for 2013 and a 7.5% average rate of increased circulation.A January 2015 study from the Federal Reserve Bank of Boston, “U.S. Consumer Holdings and Use of $1 Bills,”  reported 64% of U.S. adults 18 years plus start the day with at least a dollar on hand. In addition, 50% of consumers report making at least one cash transaction on any given day.So why isn’t cash a thing of the past, as so often reported?center_img 17SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Gen Z vs. Millennials – What you need to know

first_imgIf you haven’t noticed, Gen Z has arrived! They are the “newest” generation to enter into the workplace and will soon pass Millennials as the largest generation, with 1/3 of the world’s population. In the U.S., Gen Z accounts for more than 25% of the people and is the most diverse generation in history.Now Gen Z is making its presence known in the workplace. Born between 1997-2015, this generation did not see a world without the internet, and for many, smartphones. Most of them do not remember 9/11 and the War on Terror. Many will remember the Great Recession, but COVID19 will be the historical event that shapes their perspective in the years ahead.For the past decade, the workplace and marketplace focused on understanding and adapting to Millennials.Born between 1981-1996, Millennials changed the world of work while inspiring (sometimes heated) conversations about generational differences across the globe. Millennials helped drive flexibility, collaboration, purpose, and new leadership styles in the workplace in a positive way.Gen Z has arrived, and it’s essential to understand the differences between the two largest generations.Optimistic Millennials vs. Pragmatic Gen ZMillennials are optimistic in nature because they were raised during the 1990 economic boom! Millennials, like their self-esteem building Baby Boomer parents, see the world through an optimistic lens. They are often viewed as entitled, remembering the proverbial “millennial participation trophy.”Gen Z’ers grew up amid the Great Recession. Thanks to their tough-loving, skeptical Gen X parents, Gen Z views the world with a pragmatic, independent, survival mode lens. At a young age, we were told by our Xer parents that there are winners and losers, and if you don’t work hard, you could lose.Collaborative Millennials vs. Competitive Gen ZWhen Millennials were in their formative years of learning, the Boomer mantra “Team-Work makes Dream-Work” prevailed. Collaboration was held to the highest standard. Collective group projects were the norm in schools, and team sports were played after school hours. In the workplace, Millennials have a more collaborative mindset with everyone pitching in and working together.Gen Z likes to win! Raised by their GenX parents, they learned the mantra, “In life, there are winners and losers, and if you don’t win, you lose!” Their competitive nature applies to almost everything, from sports to school-work. In addition, Gen Z has been thrown into a competitive educational environment. Technology allows for online grading portals giving frequent updates on the Gen Z student’s academic performance. In the past, students sometimes had to wait weeks or longer to receive a test grade. Now, they get frustrated if they can’t access their scores within hours of finishing an exam—and often so do the parents.72% of Gen Z said they are competitive with those doing the same job in the workplace. This generation is highly independent and wants to be evaluated on their own merits, not that of the team. That said, they prefer individual tasks over team tasks.Millennials Seek Fulfilment vs. Gen Z Financially FocusedMillennials were all about finding meaning in their jobs and how best to make the world a better place. So much that, according to a study by CONE, millennials prefer a company that gives them the chance to drive meaningful progress over one that offers a higher paycheck. This study was done when the economy was booming, and a strong economy gives people flexibility in selecting job opportunities. COVID19 may change their preferences.With Gen Z coming of age during the recession, they put money and job security at the top of the list. Sure, they want to make a difference, but surviving and thriving take priority.Right now, compensation overrides workplace satisfaction and engagement. Money is the key driver, along with healthcare benefits and other perks.During this pandemic, smart companies are incorporating financial education in their online tools for their employees to access. Money is top of mind for this generation and possible for all the others. Gen Z is concerned – Are they making enough? Saving enough? Can they pay back their college loans? Will they ever have enough money to buy a car? Or a house? We are discovering that Gen Zers and now, possibly even Millennials, are savers. 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Karen McCullough Karen McCullough is a nationally known keynote speaker and virtual presenter. She speaks to credit unions across the country on change, generational opportunities and workforce trends.  Karen helps organizations cut … Web: www.karenmccullough.com Detailslast_img read more

Men’s volleyball has a chance

first_imgWhen I covered the men’s volleyball team last spring, I vividly remember thinking at the end of the season, “This team is going to be great next year.” Early on, the Trojans certainly were; they started the season 7–0 and looked to be poised to take the top spot in the national poll.Though the team has nonetheless performed well since then, the Trojans finished closer to the middle of the pack regionally and nationally at the end of the regular season. As the Trojans head into their conference tournament, it’s now or never for the team to reach its full potential and go from good to great.The Trojans snuck into the Mountain Pacific Sports Federation conference tournament last year. At 14-10 in conference play, the Trojans finished just ahead of 13-11 Hawai’i for the eighth and final spot in the conference tournament. But living on the edge proved to be too dangerous for the Trojans as they were quickly dispatched in the first round by top-seeded BYU in three sets.The team lost a fair amount of players from that squad. Opposites Tanner Jansen and Maddison McKibbin were regular contributors; Henry Cassiday was a four-year starter at libero.But more important was what was coming back. Big men Chris Lischke, Robert Feathers and Andy Benesh would be forces up the middle for the Trojans. Lucas Yoder, the MPSF Freshman of the Year, would return as an outside hitter. Libero Brooks Varni had waited his turn patiently behind Cassiday, and he would fill in nicely as the defensive leader.Most importantly, though, the Trojans would bring back a true superstar for his senior season. Micah Christenson, the setter for the U.S. men’s national team, would return to the Galen Center for his final season and lead the Trojan offense one more time.On top of a great roster, the team had a very experienced coaching staff. Along with four assistant coaches who had been with the Trojans for at least three years, the team was lead by Bill Ferguson, who was going into his ninth year at the helm of the program.Ferguson has accomplished almost everything as a coach. He’s won the regular season conference, he’s won the conference tournament, he’s been named coach of the year in the conference, and he’s advanced to the national championship match twice. The only thing missing from his resume is that legacy-defining championship. He was three sets away one year and one set away another, but he still hasn’t gotten that monkey off his back. That, however, is representative of the nature of small sample sizes,  as well as the competitiveness of the sport, more so than anything about Ferguson’s attributes as a coach. It’s impossible to put a team in that position multiple times without being an elite-level coach, but very possible for thin margins and lucky bounces to be the difference between a banner.With that being said, I felt like this was going to be the year. The talent was there, and the staff had worked together as a team during the entire career of everyone on the roster at that time. This was finally going to be the one where they did it.A look at the team’s national ranking leads to some skepticism to this plane — the team is ranked    No. 8 in the country by the American Volleyball Coaches Association national poll. But that is indicative of the teams inconsistent execution rather than its great potential. Similarly, the Trojans sit at No. 4 in the MPSF standings not because they couldn’t beat the three teams ahead of them, but because they couldn’t do so twice. This year’s poll is topped by UC Irvine followed by BYU and Pepperdine — just kidding, Hawai’i is at number two — all of whom the Trojans have split with. Similar inconsistencies with lesser conference rivals like UCLA and UCSB explain why USC still sits toward the middle rather than the top.Finishing in the top four is nonetheless crucial. The difference between fourth and fifth place is critical in the standings, much more so than any other pair of positions besides eighth and ninth place. Fourth place assures that the first round of the quarterfinal match is at home rather than on the road. The semifinal and final round are played the following weekend all at the home court of the first seed.Sitting in that crucial fifth place spot is BYU, the team that dominated USC at home last season in the tournament. The Cougars, much like the Trojans or any team, really, play much better at home than on the road. The Trojans were swept during a two-match regular season trip to BYU last season, and Ferguson says the fan base for the Cougars really comes out hard to support the team.If the Trojans can avenge last season’s elimination against BYU this weekend, the road to the NCAA tournament does not get any easier.The Trojans would need to upset top seed UC Irvine at home and at the quarterfinals for even a shot at an at-large bid to the national championship tournament. Even that likely won’t be enough. There are only two at large bids for the tournament in the entire country, and the Trojans likely need to win the MPSF tournament to claim the conference’s automatic qualifier.It’s not impossible, but the odds would certainly stack against the Trojans chances of doing so. The Trojans beat UC Irvine the first time through MPSF play in late January, but were defeated the second time through this past March.There’s a sense of urgency to this year’s playoffs. The “this is going to be the year” mentality is just a more positive way of saying that it feels like now or never.  The preceding year, the Trojans didn’t even make the MPSF tournament. When Christenson graduates, the team will take on a totally new dynamic and will probably have to go into             re-building mode.The 2012 season was Christenson’s freshman year, and the Trojans were defeated in the national championship game by UC Irvine. There’s no doubt that he and the rest of the seniors remember that game, so any rematch in the                      post-season with the Anteaters is sure to bring out the best in the Trojans. It’s a brand new season, and the Trojans will have to play with the same fire and intensity that they did earlier this year when it was still a brand new season.Today, an appearance in the NCAA tournament would feel like an accomplishment. But if you asked back in January, before it all started, anything short of a national championship would have been a disappointment. I don’t think it is likely, and I think it will take the program some time to even get back into this position after this season. But I do think a national championship is still a legitimate possibility for this team. Besides being any other USC team, the players and coaches of the men’s team have been particularly fun to cover and have shown great class over the past two seasons, so I am really rooting for them to pull it off.The team worked very hard to earn that home court advantage in the quarterfinals this weekend.  Let’s do our part and come out in droves for our Trojans this Saturday night at 7 p.m. in the Galen Center.Luke Holthouse is a sophomore majoring in policy, planning and development, and broadcast and digital journalism. His column “Holthouse Party,” runs on Wednesdays.last_img read more

Three takeaways from No. 5 North Carolina’s win over Syracuse

first_img Romeo Langford’s late layup gives Indiana double-overtime win over No. 19 Wisconsin Duke vs. Virginia Tech: Three takeaways from the Blue Devils’ loss North Carolina pulled off a 93-85 win over Syracuse on Tuesday, extending its winning streak to four games.The Tar Heels put together some impressive runs during the game, but the Orange kept battling back to keep things competitive. Nevertheless, UNC remains one of the hottest teams in the country.Here are three takeaways from the Tar Heels’ victory: Related Newscenter_img While Syracuse did manage to topple Duke earlier this year, it gave up 90 points twice this season, and will have to face No. 2 Virginia on March 4 before the regular season comes to a close.The Orange have consistently been a dark horse come tournament time in years past. But they have a few kinks to iron out as March Madness approaches. Coby White is an elite shot creatorWhite’s versatility on offense has been a valuable asset for UNC all season. The guard became the first Tar Heel freshman to record three 30-point games in a season. He scored 34 points on 9-of-14 shooting against Syracuse and was a perfect 10-of-10 from the free throw line.The Orange’s zone defense was no match for White, who slashed to the basket for quality looks in the paint. He also rattled home six 3-pointers, proving teams trying to defend him will have to pick their poison.Getting to the line will prove to be key for the Tar HeelsUNC was remarkable when it came to getting to the free-throw line Tuesday and they also converted at an efficient clip. The Tar Heels shot 14 more free-throws than the Orange, making 34 of their 37 attempts. The Tar Heels have shot less free throws than their opponents in four of their five losses this season, so replicating Tuesday’s success could prove to be beneficial.Syracuse’s defense has been exposed against top talentThe Orange entered Tuesday with the NCAA’s 24th ranked scoring defense, allowing just 64.1 points per game. But Syracuse has given up 76.5 points per game against ranked opponents this season.last_img read more

DONEGAL PASSENGERS CAN SAVE UP TO 30% BY BOOKING ONLINE AT KNOCK AIRPORT

first_imgKnock Airport.Thousands of Donegal residents regularly frequent Knock Airport every year because of its brilliant cheap offers on exotic destinations.Well now management at Knock Airport are set to reward you even further by offering passengers a whopping 30% off parking when you book online.Ireland West Airport Knock have launched a special car parking promotion for Donegal residents who book their car parking online on www.irelandwestairport.com. For a one week period from 25th February to March 4th 2015 – all online car park bookings made during this period using the promo code ‘DONEGAL’ will automatically save 30% on the normal gate rate price for parking at the airport.In 2015 Ireland West Airport Knock will have services to over 20 International destinations.The airport offers the largest choice of UK destinations from any airport along the Western seaboard, with over 100 weekly flights to and from key UK markets such as London Luton and Stansted with Ryanair, London Gatwick with Aer Lingus, Manchester and Birmingham with Flybe and Bristol, East Midlands and Liverpool with Ryanair.The airport has become a popular gateway for sun breaks with the addition of a number of new services to European hotspots including weekly services in 2015, starting in April, to the likes of Alicante (twice weekly), Barcelona (twice weekly) Croatia (weekly) Faro-Algarve (three times weekly) Lanzarote, (weekly) Malaga (weekly) Milan (twice weekly) and Tenerife (weekly). Which have proved hugely popular with holidaymakers from all over Ireland, with increasing numbers opting for Ireland West Airport due to the convenience, value for money and hassle free nature of travelling from the airport.Commenting on this new initiative for Donegal residents, Donal Healy, Marketing Manager, said, “With savings of 30% on your airport car parking theres never been a better time for Donegal people to fly from Ireland West Airport Knock.“We are now attracting more and more passengers from the Donegal region as they recognise the value for money, convenience and most importantly the increasing range of low fares flights to attractive European destinations now available from the airport’.“Further advantages of booking your online parking at the airport means you can also benefit from parking your car onsite, within minutes walk of the terminal.“Whilst all car park spaces are available at the online price – with no price difference between short term and long term parking. To avail of this special car parking promotion at Ireland West Airport Knock book online at www.irelandwestairport.com using the promo code ‘DONEGAL’. Offer ends March 4th 2015.DONEGAL PASSENGERS CAN SAVE UP TO 30% BY BOOKING ONLINE AT KNOCK AIRPORT was last modified: February 25th, 2015 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:BusinessFeaturesKnock AirportnewsParkinglast_img read more