How much cash do people carry on average?
How much cash do people carry on average? Money Magazine did a survey and asked how much cash people tend to carry. Most people carry less than $40, and only 11% of people carry $200 or more. Men are the least likely group to carry cash as only 16% of men report carrying cash.
Is it illegal to carry around a lot of cash?
Even though it is technically not illegal to travel with large amounts of cash, it is definitely suspicious to many law enforcement officers. Carrying a large amount of cash can result in asset forfeiture and seizure, even if you are not arrested for an offense.