Tuesday, April 2, 2019

Credit Cards

Credit cards are different than debit cards.  Debit cards take money right out of your account and credit cards are borrowing money.  The down side to credit cards is that you have to pay interest on the money you use. Like a loan. So I would say they aren't a good idea.  But I started researching a little more and talking to my parents and learned that some credit cards have "perks".  For example, some credit cards give you credits to use toward airline tickets when you use the card.  Some give things like cash back when you purchase items.  So I decided they can be good to use to get those perks but it's good if you pay them off quickly so you don't have to pay interest.

4 comments:

  1. Good job! It could be a little bit longer, but other than that it was great. Keep up the good writing!

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  2. I like how you clearly stated the pros and cons of having a credit card, and how you went and did further research on your topic. One thing you could do better next time is to probably make it longer.

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  3. That was Great! I liked how you compared debit cards to credit cards. One thing you could do is make it longer. But other than that, Great Job!

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  4. You're off to a great start! Read the directions and revise for more points (just let me know you did so I can re-grade:)

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