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.

In today's world, there are a lot of discussions on the topic of the usefulness of
credit
cards
versus
cash
. Despite
a
Correct article usage
the
show examples
rapid popularisation of
technologies
Add a comma
,technologies
show examples
some people prefer paper
money
. In my opinion,
credit
cards
have more
beefits
Correct your spelling
benefits
and,
therefore
,
this
essay will discuss the possible advantages of
this
payment system.
To begin
with,
credit
cards
can guarantee you safety and the probability that you may lose your
money
decreases significantly.
This
is because of the fact that not only do robbers who stole your card do need to have a password to go through the verifications system but
also
a
credit
card can be easily blocked by the bank if they notice any
suspecious
Correct your spelling
suspicious
manipulations.
Hence
, unlike paper
money
which is stolen irrevocably
credit
cards
save your wealth and earnings.
For instance
, recent research has shown that only 20% of
credit
cards
in Ukraine
where
Correct your spelling
were
show examples
robbed and unblocked, while others
where
Correct your spelling
were
show examples
successfully secured and saved by a
trong
Correct your spelling
strong
verification system.
Moreover
,
credit
cards
are more
convinient
Correct your spelling
convenient
than
cash
since they are an infinite source of
money
.
This
is due to the fact that not only can anyone send you
money
on your bank account whenever you need it but
also
you can transfer
money
from one of your
credit
cards
to another.
As a result
, if, for some reasons, a person leaves a house without
cash
since they are not planning to buy anything they will have an opportunity to use
credit
cards
which can be replenished instantly by someone else.
For example
, one study has illustrated that more than 60% of teenagers have
credit
cards
and when they have any urgent situations their parents are able to transfer some
money
on
Change preposition
to
show examples
their bank account. Eventually, to conclude, in my opinion,
credit
is a better payment
methos
Correct your spelling
method
methods
compared to
cash
.
Firstly
,
this
is because of
safety
Add an article
the safety
show examples
of
credit
cards
and,
secondly
, since they are
convinient
Correct your spelling
convenient
in usage.
Submitted by veronika-glinka on

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