The debate on cash versus credit card has been going on for some time. Credit is still a fairly new concept within the history of finance; so many people would rather stick with paper money. According to you, which is a better payment method, cash or credit? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

According to me; '

credit

' performs better than '

cash

' when we talk about payment methods, in today's era. The

21st century

Add a hyphen

21st-century

show examples

world is a digital world.

Although

cash

is still a crucial element in consideration-making, yet, '

credit

cards

' are becoming all the more popular. It is not just convenient to carry a plastic card around, but concurrently, it is

also

a much safer bet in comparison to carrying around a bundle of

cash

. Belonging to the family of 'plastic money',

credit

cards

allow

one

to go ahead and make a purchase, even without having the requisite amount handy with them. In several circumstances,

this

turns out to be a deal-maker.

For instance

;

one

may not go out with the intention of buying something at all, but still may come across an article which he/she cannot forgo. In

such

a situation, the lack of currency notes in the wallet to pay for the same would be the

last

thing that

one

would want. And

this

is where '

credit

cards

' come to the rescue. With a good

credit

history,

one

may easily use their '

credit

cards

' to make purchases, without a hassle. If people clear their '

credit

card' bills regularly without defaulting, they get to enhance their '

credit

score', which enables them to

borrom

Correct your spelling

borrow

even more, in the future. And on top of

this

, they even get rewarded for making purchases through their '

credit

cards

', in the form of

cash

-backs and other incentives.

However

,

one

still has to be cautious with the use of

credit

as it is often seen that people

mis-use

Correct your spelling

misuse

this

'power of

credit

' and end up with a bill, out of their bounds. At times, some people are

also

found guilty of not clearing up their

credit

card bills, which attracts penalties. Overall, '

credit

cards

' trump '

cash

'

anyday

Correct your spelling

any day

anyway

, if used judiciously.