Find The Best Way For Payment
You have been confused in the purchase? Whether the way of cash, or with a credit card? Which way is most comfortable and the best for us?
When shopping in traditional markets, traders generally only accept cash. However, when shopping in supermarkets, you have the option to pay with a credit card.
Option to pay cash or use credit cards not only limited in effect when your shopping needs of households. Many other places that also accept credit cards, such as a restaurant or bookstore.To know how to choose the right instrument of payment,so this posts at this time will show fortunately and loss to pay with cash or credit card, and how a solution or suggestion.
cash
When you shopping with cash, there are many advantages that you can. For example, money in your wallet is $200. Almost people don’t shopping exceed the amount of money in the wallet. The reason was simple, people do not want to run out of money in the wallet. So, you will shopping in such a way, that does not exceed $200.
That is, we often hear people say: “I do not want to take a lot of money in the wallet, because I will spend all my money.”
So what do you do when you run out of money in the wallet? You will take the money away in the ATM. As much as $200, for instance. After that, you will continue to take money out at the ATM every time you run out.
At a certain point, you will feel that is too often contradictory to the ATM. Ago you decide: “Okay, this time I take a bit more. Not $200, but even $500 or $750.”
Finally you take the $750. The problem now, you have very much money in your wallet. What happens if your wallet lost or stolen was robbed? If so, you can not take all the money in the wallet. Some of the money in the store at home. But that’s the same with the ATM. Once the money in the wallet out, you will take more money at home. In fact, rather than the money in the house, better put it in your bank account that gives interest rates.
So in effect, pay using the cash will not make you buy exceed the amount of cash you have. But if cash-out in the wallet, you have to go back and return to the ATM. If you take the cash in the large amount, you will be threatened stolen risk.
Credit Cards
Credit Card is a payment card where you will take loan transactions by card issuer, and then charged back to each end of the month or the following month. In fact, the way credit cards work well. How not? When shopping, you do not have to pay it directly, but you pay at the end of the month. It was delicious. Thus, the appropriate sentence for this is: “Buy now, pay later.”
In practice, the phrase “Buy now, pay later” make a lot of people outside a shopping capabilities. For example, you earn each month is only $700. You only afford to pay $600 or $700 per month. So, when you shop up to $1000, then you can not settle the charges $1000 in one-time payment, because you are only willing to pay (probably) $600. So that the remaining debt balance, will be included in the bill the following month.
This is the problem: the remaining charges will be take interest rates. if you do not pay charges plus interest rates, then the charges and interest will be take interest rates again the larger number. So on. This is what causes many people can not pay credit card bill because the number of their payment already become large because of interest-bearing system.
So actually, the credit card can be friends, if you are able pay on time. But if not, your credit card will be your opponent.
Why should take Debit Card?
Then, with what you have to pay transaction on your shopping? Cash or credit card?
In fact, credit cards have many advantages when you can use a credit card with the correct way. That is, if you can settle it payment are paid each time the bill came. However, in practice, most people can not control the use of their credit cards.
That is why I encourage you to use a Debit Card. Debit cards is a card payment transaction in which you make payments directly deducted from your account at the bank. So as to pay in cash, without the need to bring a lot of cash. With Debit Card, you will shop according to the amount of money you have in your bank account. And you can not shop outside of this amount.
Importance of Having All
However, the fact will be better when you have three.
The first you should have is cash in the house that you will use to pay for the needs of a suddenly time that can only be paid with cash.
The second that you must have a Debit Card. This is a card that you use to pay for the transactions you make.
While the third should you have a Credit Card. Nevertheless, Credit Cards will need to anticipate things, unexpected. Maybe there will be a day where you have to go out at night and have to make a payment transaction, the place that only accepts Credit Cards. So, your credit card here is not to be used frequently, but only for backup.
Remember once again that the use not appropriate of Credit Card (don’t paid on time) can make you stuck in a bad debt.