Credit Cards lead to Impulsive Buying
Credit cards come handy. You could bring it with you anytime and anywhere. They are convenient to use in shopping because you don't have to be afraid of bringing lots of money on your wallet. Credit cards are also dependable during emergencies.
But then using credit cards also have downsides. Use of credit cards leads to impulsive buying. Impulsive buying is buying without having to seriously thinking about the product's prize and quality. Impulsive buying happens more when one is using credit cards.
Why is there connection between credit cards and impulsive buying? Credit cards are like plastic money. They are readily available for card owners. But unlike our wallets, credit cards never run out from money. That is why there is a tendency for card owners to just buy and buy things they may not really need.
Impulsive buying and extensive use of credit cards is dangerous. One may lose a lot of money if this habit would continue.
So, you better think twice, thrice and so on when purchasing anything.
Labels: Credit cards, Impulsive Buying, Impulsive buying due to credit cards
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