Advantages and Disadvantages of Having a Credit Cards - 550 Words

Advantages and Disadvantages of Having a Credit Cards (Speech Presentation Sample) Content: When I was little girl when looked into shop windows, I saw another world. A dreamy world full of perfect things. A world where grown-ups can buy all they wanted. They didn't even need any money, they had magic cards. Little did I know I wanted that magic card too.M --------------------and today topic for my speech is advantages and disadvantages of having a Credit cardOr u can call it magic card as I used to call itThese Credit cards are like weapons à ¢Ã¢â€š ¬ dangerous in the wrong hands, but sometimes youà ¢Ã¢â€š ¬re glad to have one. Weà ¢Ã¢â€š ¬ve all heard the horror stories of consumers falling into unspeakable debt, their lives turning to hell as they sink into financial ruin.educating people abt credit cards is the key. With a bit of know-how, anyone can use a credit card in a practical, non-destructive wayone of the most greatest disadvantage of credit cards is that they are not free from interest when u pay back the taken amount u have to pay additional amount of interest as wellsecondly there are hidden charges of using a credit card which most of the user donà ¢Ã¢â€š ¬t know and not enlighten about by the company issuing themPlus Late fees.ÂMiss a payment and youà ¢Ã¢â€š ¬ll pay a late fee. This adds up quick for repeat offenders.A finally it gives you Ease of spending lots of people tend to spend more than they anticipate on buying things they donà ¢Ã¢â€š ¬t have real need ofBut like everything it not all bad it has some benefits too provided it is used wiselyIts convenient the user donà ¢Ã¢â€š ¬t have to carry large amount of cash around. Plus they are perfect for unexpected purchases which sometimes become necessary and sufficient cash is not available. They are also good for e-buying...