Are Credit Cards Spoiling Our Habits?

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?
 

shyusha

New member
Its a thumb rule anything in excess is bad same goes with credit cards, if used wisely can be a blessing if used excessively can b a bad habit!!
 

cha-cha123

New member
Credit Cards are addictive. So one may start off being wise in using them, but ends up in "trouble". And, ofcourse, it encourages shopaholics
 

gianpiusreyes

New member
i believe that credit cards do spoil people's habits.. that's why a person using credit card should really know how to limit himself in using it..
 

Tanvidesale

New member
i TRULY agree with your views.Credit Card also known as plastic money is A EASY way to carry or spend money.The main disadvantage of credit card is limitless shopping with a simple 'SWIPE' .Due to this firstly we end up doing excess shopping and worth of money is lost because when we shop at big malls the product are attractively placed in the rack with some free stuff which obviously hits the human tendency or psychology to buy the product and bill payment is with a swipe so there is no separate accounting of purchase done.In earlier time people use to shop after the earning member use to get salary and then spending was well planned what all things are actually requires...So there was no money wastage and in earlier times people use to understand the worth or value for money.Also in earlier time shopping was done pecurly only at festive times whereas today there is no specific reason to shop.People shop s and when they want...a:SugarwareZ-204::SugarwareZ-216::SugarwareZ-216:
 
Sometimes people in excitement usually misuse the card and this causes huge credit card charges. Credit cards makes your life much easier but can also be problems as well. So people should have control on using credit cards because sometimes it is the most convenient way to shopping when you are cashless.
 
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