Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this. v.5
Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this. v. 5
More often, there's more people using alternative methods when it comes to control their money and payments, such as credit or debit cards, instead of using the traditional coins and bills. However, while for some people the use of ''plastic money'' provides them a more effective and advantageous way to manage the money, for others is still something too new and unknown to use it. In my opinion, despite at the beginning, it might result a little bit strange to get used to these new forms of money, these are more safety as well as more handy.
Firstly, on one hand, one of the main disadvantages of virtual money is the one that concerns especially the oldest population. Many people from ages about 60 or 70 who have been always used to see their money every time they were paid or they had to pay something, credit cards can sometimes make them to feel stressed or even anxious, as they cannot see their money in cash, so in fact, they believe they lose some of the control they used to have about their income and capital.
On the other hand, however, it is not only an easier and quicker way to control your payments but also a saftyer way to pay. Because you don't have to carry in your pocket a big amount of money every time you want to shop something, you are less likely to be stolen. In addition, because most of the time when you want to pay you only have to insert the card into the card machine, it is more workable.
In addition, there's a large number of websites and applications which are connected with debit or credit cards and allow people to know what's going on in their bank accounts at every moment. By using their mobile phones they can transfer salary from an account to another and see their daily and even monthly movements or know where and what they have spent their money on.
In conclusion, I think that the use of virtual money will continue to increase due to its clearly benefits, and money as we knew it, will no longer exist in the next few years.
More
often
, there's more
people
using alternative methods when it
comes
to control their
money
and payments, such as credit or debit
cards
,
instead
of using the traditional coins and bills.
However
, while for
some
people
the
use
of ''plastic money'' provides them a more effective and advantageous way to manage the
money
, for others is
still
something too new and unknown to
use
it. In my opinion, despite at the beginning, it might result a
little bit
strange to
get
used
to these new forms of
money
, these are more safety
as well
as more handy.
Firstly
, on one hand, one of the main disadvantages of virtual
money
is the one that concerns
especially
the oldest population.
Many
people
from ages about 60 or 70 who
have been always
used
to
see
their
money
every time they were
paid or
they had to pay something, credit
cards
can
sometimes
make
them to feel
stressed
or even anxious, as they cannot
see
their
money
in cash,
so
in fact, they believe they lose
some of the
control they
used
to have about their income and capital.
On the other hand
,
however
, it is not
only
an easier and quicker way to control your payments
but
also
a
saftyer
way to pay.
Because
you don't
have to
carry in your pocket a
big
amount of
money
every time you want to shop something, you are less likely to
be stolen
.
In addition
,
because
most of the time when you want to pay you
only
have to
insert the
card
into the
card
machine, it is more
workable
.
In addition
, there's
a large number of
websites and applications which
are connected
with debit or credit
cards
and
allow
people
to know what's going on in their bank accounts at every moment. By using their mobile phones they can transfer salary from an account to another and
see
their daily and even monthly movements or know where and what they have spent their
money
on.
In conclusion
, I
think
that the
use
of virtual
money
will continue to increase due to its
clearly
benefits, and
money
as we knew it, will no longer exist in the
next
few years.
15Linking words, meeting the goal of 7 or more
19Repeated words, meeting the goal of 3 or fewer
6Mistakes