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Economics - Financial Markets 7 Online
OpenStudy (anonymous):

Which of the following is not a benefit to using credit instead of cash?

OpenStudy (anonymous):

following ? options?

OpenStudy (anonymous):

I do not see any of the following. But here is some helpful information : Many people rarely carry cash; instead, they use their credit cards for all of their daily transactions. There are plenty of good reasons to use credit—it is easily accessible, you can track your expenses every month through your credit statement, you don’t have to worry about running out of money, and you can accrue cash back or other rewards with your credit card. However, a side effect of using credit frequently can be debt, sometimes a lot of debt. Because credit is easy to use and accessible, many people spend more than they should and are unable to pay off the balance. I hope this helps! :)

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