It has become very common for people to borrow money. Maby people have credit card, a mortgage and often they buy a car on credit card as well. Is this a good idea or this is too risky? Discuss both views abd give your own opinion.

Technology is developing day by day

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.

This

advancement leads to various changes in the society

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One

of them is card

money

rather than cash

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Bill paying

,

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,

owing

have ownership or possession of

own

house

,

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,

buying motor vehicles and so

on all

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on, all

are possible with the help of credit or debit cards

.

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This

modernization has both pros and cons

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I will discuss both of these in the subsequent paragraphs with relevant views.

first

preceding all others in time or space or degree

First

and foremostly

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safety is

one

of the major

issue specially

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issue, especially

issue especially

in the case of

money

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With the help of these cards

one

will be able to become tension free because they can carry credit cards with them rather than cash

.

Accept space

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When they need

money

they can simply withdraw needed amount of cash through nearby ATM.

furthermore

in addition

Furthermore

, some people are not good

in

Suggestion

at

maths so there are always chances of

frod

intentional deception resulting in injury to another person

fraud

with

then

objective case of they

them

even by their own relatives

.

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.

This

thing

bring

Suggestion

brings

conflicts in the society to curb out

this

problem

this

kind of

money

is only a suitable solution. On the

flipside

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flip side

,

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,

it has various disadvantages.

sometimes

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Sometimes

it happens that

one

will want to transfer

money

in the account of their loved

ones but

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ones, but

due to some hurdles it will deposits

in

Suggestion

on

account of unknown person

.

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.

This

will create several issues and misunderstanding in the society.

Moreover

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,

if

one

will buy products on the basis of credit card

then

they have to pay high interest on it

.

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To recapitulate

,

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in my opinion its merits

overways

Suggestion

over ways

the demerits and it is

also

clear from the above stated information.

so

to a very great extent or degree

So

,

Accept space

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I think that

it

it is

it's

a good development.