Advantages of using a credit card:
You can buy things without actually having the cash.
You can report the loss of your card to the card issuer, thereby minimizing any financial loss.
It helps you establish credit or build credit history.
Some credit cards offer rewards.
Advantages of using cash:
You see exactly what you are spending.
You are less likely to indulge in impulse buying.
You don’t have to pay any interest.
