))
Credit Card or Cash: Which to Use?
Manage episode 320644381 series 3313998
Content provided by Anup sharma. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anup sharma or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Wondering whether to go with the credit card or cash? Well, both have their own significance. A credit card offers great convenience and a bunch of benefits that cash does not provide. But behind these benefits and conveniences, credit cards also represent a fall in the cycle of debt that may last for years or decades. So, how do decide or identify to choose a card or cash what is the best time to go with each of these for your coming purchases in the future, here are the life-saving tips that will help you choose accordingly?
Click here to get info about credit cards.
When to Use a Credit Card?
- Whatever you can afford you can purchase with the card to use the convenience.
- As credit cards are more convenient and secure to carry than cash.
- As long you use your credit card responsibly that pay all bills on time without falling into debt then a credit card is your best friend for purchases.
- If you like to gain an additional warranty or purchase protection, then go for a credit card.
- If you wish to get stronger fraud liability limits credit cards are best.
- To gain rewards or cashback credit cards are a great source.
Click on this link to get more info:- https://visual.ly/community/Infographics/economy/best-credit-cards-india
When to use Cash?
If you cannot control temptations during purchase it's definitely good to go with the cash for purchase as it will help you spend in your budget and limit and save you from falling into debt.
25 episodes
Share
