People today increasingly use credit cards to make monthly purchases. Do the advantages of this outweigh the disadvantages?

Since the technologies made a step beyond our imagination of the world, people have started to make a purchase, frequently using

credit

cards. Even though

,

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credit

cards have certain drawbacks, I strongly believe that

advantages

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the advantages

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overweigh

disadvantages

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the disadvantages

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of utilizing

this

kind of payment method. First of all, the most substantial privilege of

credit

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a credit

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card

is that a person is no longer required to carry an excessive amount of cash when buying anything.

Subsequently

, it is quite convenient and safe to put a

card

into

wallet

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a wallet

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and carry

on

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it on

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during shopping time. In the meantime, it allows people to keep track of expenses through

mobile

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a mobile

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phone

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phones

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or smart

watch

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watches

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.

For instance

, when a customer makes a purchase of

book

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the book

a book

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, paying by

credit

card

, just after a few seconds he will get a message from

bank

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the bank

a bank

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about the amount spent.

Secondly

, it is beneficial

using

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to use

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only

credit

cards for

country’s

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the country’s

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economy, because thanks to

this

type of payment method the authority can manage all financial incomes and expenditures of residents.

Hence

, it gives a great opportunity to rightly allocate a budget and solve social issues. To illustrate, a year ago the government of Kazakhstan awarded a grant

for

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young entrepreneurs because of

to

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the returned money of corrupt officials.

To sum up

, it is undeniable that using

plastic

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the plastic

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card

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cards

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can be one of the main reasons for the occurrence of a cyber attack.

However

, if to utilize cashless payment properly and strengthen

a

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the

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security service of

bank

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the bank

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app

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apps

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people may avoid unpleasant situations.