manishsinghon
Par 100 posts (V.I.P)
Hello everyone,
Credit card gives you power to purchase almost anything, even those items
which are not in your budget, thus an individual ends up paying more price for the item.
Credit cards encourage a shopaholic in us and if not controlled at right time one can end up in It ceases the sense of realization of of actual cost of asset. For e.g. we have a bill of 10,000/- and if we pay cash we will realize how costly the item is. On other hand if the same amount is paid by credit card we just have to sweep the card and sign the bill.
Thus, credit card ceases visibility and realization of the cost of item.
How far do you agree?
Credit card gives you power to purchase almost anything, even those items
which are not in your budget, thus an individual ends up paying more price for the item.
Credit cards encourage a shopaholic in us and if not controlled at right time one can end up in It ceases the sense of realization of of actual cost of asset. For e.g. we have a bill of 10,000/- and if we pay cash we will realize how costly the item is. On other hand if the same amount is paid by credit card we just have to sweep the card and sign the bill.
Thus, credit card ceases visibility and realization of the cost of item.
How far do you agree?