'Information Age' Bills Keep Piling Up
"Paying the monthly bills is a different experience for Americans now than it was a generation ago, a new Pew Research Center survey has found. A sizable minority of adults do most of their transactions online. A sizable majority pays for one or more of the "big three" information age consumer staples each month– internet connection, cell phone service and cable or satellite television service. And at the same time that they are carrying the cost of these new technologies, Americans are also paying off record levels of credit card debt each month.
The Pew survey finds that nearly three-in-ten adults (28%) say the most common way they take care of their regular monthly bills is by an online or electronic payment. A bare majority (54%) mostly uses checks, and a small minority (15%) mostly uses cash." Source: Pew Research Center
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