In the contemporary era, people like to carry credit and debit cards rather than a wad of cash. This is increasingly becoming favored among masses due to a myriad number of reasons. This essay will discuss how credit and debit cards are safe and easy to carry and will also discuss the negative ramifications of plastic money.
First of all, plastic money is helping folks for easy transactions. The credit cards have given way to buy things at any given point of time. It is no more crucial to have sufficient bank balance to purchase anything. For example, you can buy any service or technology and pay off the amount later in terms of installments. Debit cards also provide the benefit of withdrawing cash or transferring the amount. Another factor is that plastic money is easy to carry. It saves us from carrying a large sum of money. For example, it can be easily placed in a wallet or pocket and does not let anyone know about the whereabouts of it.
The other side of the coin, explains the harsh reality of keeping plastic bags. Irresponsible use of credit cards can make a person dig himself in the debt. For example, it is seen a small debt becomes large when the payment is not delivered on time. The interests keep on adding and also reduces the credit points. Moreover, if the transaction from debit ard is done using a different bank. For example, a certain amount is deducted by the bank from which card is issued and by the ATM service provider bank. Therefore, irresponsible behavior can put the people in stress.
In conclusion, the prominence of plastic money is increasing by leaps and bounds. This essay discussed the pros including safety and convenience to the masses. This essay also discussed the other side of the subject which includes the victim of depression due to debt and unnecessary deducted amount.
In the contemporary era,
people
like to carry
credit
and debit
cards
rather
than a wad of cash. This is
increasingly
becoming favored among masses due to a myriad number of reasons. This essay will discuss how
credit
and debit
cards
are safe and easy to carry and will
also
discuss the
negative
ramifications of
plastic
money.
First of all
,
plastic
money
is helping folks for easy transactions. The
credit
cards
have
given
way to
buy
things at any
given
point of time. It is no more crucial to have sufficient
bank
balance to
purchase
anything. For
example
, you can
buy
any service or technology and pay off the
amount
later in terms of installments. Debit
cards
also
provide the benefit of withdrawing cash or transferring the
amount
. Another factor is that
plastic
money
is easy to carry. It saves us from carrying a large sum of
money
. For
example
, it can be
easily
placed in a wallet or pocket and does not
let
anyone know about the whereabouts of it.
The other side of the coin,
explains
the harsh reality of keeping
plastic
bags. Irresponsible
use
of
credit
cards
can
make
a person dig himself in the debt. For
example
, it is
seen
a
small
debt becomes large when the payment is not delivered on time. The interests
keep
on adding and
also
reduces
the
credit
points.
Moreover
, if the transaction from debit
ard
is done
using a
different
bank
. For
example
, a certain
amount
is deducted
by the
bank
from which
card
is issued
and by the ATM service provider
bank
.
Therefore
, irresponsible behavior can put the
people
in
stress
.
In conclusion
, the prominence of
plastic
money
is increasing by leaps and bounds. This essay discussed the pros including safety and convenience to the masses. This essay
also
discussed the other side of the subject which includes the victim of depression due to debt and unnecessary deducted
amount
.
14Linking words, meeting the goal of 7 or more
32Repeated words, meeting the goal of 3 or fewer
2Mistakes