Is cash really better than credit cards?
Both cash and credit cards offer convenience. The primary misconception consumers have about credit and financing is that it leads to overspending and debt. It is true that credit usage can lead to those things, but when used responsibly, credit cards are a financial tool that allows consumers to make purchases with safety and security.
However, in certain circumstances you might be wise to favour one choice over another. Considering factors such as convenience, safety and cost will help you decide when to pay with cash or credit. Paying with plastic or hard cash can offer many other benefits and drawbacks. Regardless of your preference, keeping an eye on your credit activity and personal budget will help determine what method of payments work best for you.
The debate on cash verses credit card has been going on for some time with no clear winner. There are valid arguments for each side and the answer depends on who you ask. Things could change in the future, but for now, credit is not going anywhere and neither is cash.
From Mr Naresh Kumar Agnihotri
Dubai
A child soldier
It’s a fascinating and sad story at the same time – a misguided child turned into a soldier who allegedly kills a real soldier (‘Why this boy, now a man, just got paid $8.1m by Canada’, Gulf News, July 8). Then he gets thrown in jail, then released and then awarded $8.1 million (Dh 29.75 million). What a world we live in.
From Mr Channa M. Rodrigo
Dubai
Facebook comment
Pay for actions
The case here is that a terrorist got arrested and imprisoned at a known human rights abuse facility, Guantanamo Bay, and that’s where Canada’s liability came into play because his government detained and interrogated a minor at an offshore facility. The man and the Canadian government are both in the wrong. The Canadian government paid their dues, but the man hasn’t yet. I’m not asking for the death penalty for him since I do not have that right, but a life sentence would do.
From Mr Adnan P. Calbe
UAE
Facebook comment
Government failed him
How do you figure that Omar Khadr didn’t “pay his dues”, Mr Adnan P. Calbe? He was imprisoned and tortured in Guantanamo Bay for 10 years from the age of 16! They aren’t even sure that he was even the one who threw the grenade that killed the soldier, as witnesses and the boy’s testimony at the time of the fire fight gave every indication it was his father’s grenade. Not to mention, at the time it wasn’t a war crime to kill a soldier during a time of war. This is the price any country should pay for not protecting their citizens as per the constitution.
From Ms Jo Ann Wong
Dubai
Facebook comment
Lack of information
I hope these kinds of people will wake up and join us in the real world (‘Nepali girl dies from snakebite in ‘menstruation hut’, Gulf News, July 9). It’s 2017, let’s move forward. So many innocent people are being deceived by their ancestors’ traditions. It’s just one of a hundred cases where people have died because from a lack of information. Rest in peace to the poor victim.
From Mr C. Jef
Dubai
Facebook comment
Illiteracy is deadly
Calling their traditions foolish will not solve anything. What happened to this girl is horrible. May her soul rest in peace, but they don’t know any better! Mass illiteracy is deadly.
From Ms Noor Hiassat
UAE
Facebook comment
What can you expect?
People are sharing their opinion on this matter, but they don’t know the situation of that place and in which condition they are surviving. All parts of Nepal is not like your hometown where you can find well educated people. You likely will not find a single person who is literate in that area. What can you expect from them? Meanwhile, our government officials are playing musical chairs in the capital city.
From Mr Roshan Gurung
Pokhara, Nepal
Facebook comment
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