Cash vs. credit card

Cash:


Advantages:



you can pay in cash everywhere

• you have to strict to a budget
• you can’t overspend
• It doesn’t have fee


Disadvantages:



• easy to hang on it

• impossible to track
• you can only pay in cash face-to-face
• It’s only accepted in your country if you’re Hungarian


Credit Card:



Advantages:

• It’s safer for people who afraid somebody will steal their money
• It’s more convenient to make large purchases
• you can get reward point on it
• Credit card acceptance is global


Disadvantages:



• It has fee, high-interest rate

• Credit card debt happens quickly
• People forget they spend real money

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