What is a credit card?
It is a small plastic card that is given to people as a system of payment. The user can pay for his or her expenditures based on their agreement with the bank.
Advantages
In this modern world you no longer have to carry a lot of cas
h for you to shop; now you just need a credit card in your hand, and you are ready to go. A credit card is lightweight, easy to carry, and convenient. People say that online shopping will be the only form of shopping in the future. It is nearly impossible without those little plastic friends of ours. You can just sit in a comfy chair and buy whatever you want on the Internet using these cards.
A credit card becomes very handy during emergencies, especially in emergencies that happen when you don’t have money at that very moment. A credit card gives you shopping freedom and because of this you can spend to your heart’s content as long as it is within your budget and that you pay your bill on time.
Disadvantages
If you have already read the earlier part of this article, you might have already been convinced that a credit card is a neat little thing to carry around with you where ever and whenever you go. Now here is the bad news. A credit card gives you shopping freedom, but this is not always good to have. Shopping with your credit card might become a serious addiction. It will lead to purchasing of unnecessary things and debts. If this happens, the interest rates and the fees will pile up till you are in so much debt that you will regret ever having a credit card.
There is a big security issue in Internet shopping, the information on the 
credit card are sometimes not placed in secure channels. Any person who manages to hack the data in your credit card may use it for his or her benefit. To avoid this event from happening, make sure that you purchase only from sites that have secured socket layer.
Credit cards are those things that can be either our friend or foe. It depends on how we use it. Make sure you use it wisely and only when you need it, but sometimes you can spend a little on yourself just make sure you don’t go out of the budget and pay your bills late. Also, be careful when doing online transactions.