This is an ongoing debate repost to McDonald’s and you’re looking to buy ice cream, what are you doing? But you pay cash or credit? You may not have the cash on hand and you’re forced to pay with credit but you get that little side where you feel like spending that $2 for the ice cream isn’t really worth it on credit right? There are some situations where cash outweighs Credit, and credit outweighs cash, and credit outweighs cash.
Let’s take a look at the pros of cons of both credit and cash.
This is a pretty hot debate, a lot of people have some pros and cons for both. But honestly, it’s up to the comfort of the person and which method they primarily choose to use. There are many advantages to using credit, especially because you’ll be able to build your credit score. You get points and rewards something that you don’t get with cash. But that doesn’t mean to put everything you own on credit as well, for smaller purchases it may be more beneficial to use cash.
But when it’s time for you to choose between which is right for your cash or credit, it’ll rely on many different factors that can prevent you from choosing one over the other. There’s no right or wrong answer as to which one is the best method like we said before it’s totally based on the comfort of the person and what they feel is the most convenient.