Essay about Credit Cards: A Blessing and A Curse

1664 Words7 Pages
In the world today, when the average American is standing at the cash register, ready to pay, he or she will likely pull out of their wallet one of the following: Visa, MasterCard, American Express, or a Discover Card. What do all of theses names have in common? They are all credit cards, the easy, fast way to pay for purchases when you don’t have cash, the store doesn’t accept checks, you would rather pay at a later date, or a variety of other reasons. Although there are many positive reasons to have a credit card, carrying this small plastic card can also cause many problems if one isn’t prudent and logical when making purchases. When deciding whether to sign up for a credit card or not, one must consider the advantages and disadvantages…show more content…
Many people prefer online shopping over battling the crowds at malls and stores. However, when online shopping, paying with cash or check is not viable, but a credit card is an easy option. If someone is not sold on the idea of having a credit card for online shopping, they should consider the financial aspect of online purchases versus buying in the store. Buying online can save you money on the items you are interested in. For example, there are many good deals available on the internet today, and without a credit card, you could potentially pay extra for the exact same thing you could have bought online, not to mention that it will cost extra to use gas to drive and purchase the item (Strain). Also, if you are a fan of the Shopping Network or late-night infomercials, calling in and ordering that special purchase will require a credit card. Essentially, anything not purchased in person must be bought using a credit card, and with so many people buying from websites, T.V. specials, or catalogs having a credit card is very important. Another positive aspect of credit cards is that they are very useful in the event of an emergency. Certain situations in our lives will require us to spend money that we do not have or were not planning on spending (Go). For instance, if you went out to run a quick errand with only a small amount of cash on you and ran out of gas on the way home, how would you pay for it? Or, what if a
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