Less Cash, More Plastic
Just in case you haven't noticed, plastic is quickly replacing paper; paper money that is. While cash is still in bountiful supply, and likely to still be king for the foreseeable future, if you're like most Americans then there's a good chance you find yourself with less cash in your wallet, more frequently. What's in its place? More plastic, credit cards, giving consumers control over their finances like never before.
Protecting Your Cash
One of the distinct advantages credit cards have over cash is what happens when they're lost or stolen. If you lose your cash for any reason, there's a very good chance you will never see it again. It looks just like everyone else's cash and is nearly impossible to identify as yours. Unless a Good Samaritan finds your cash and makes the effort to return it to you, chances are it's gone for good. Conversely, if you lose your credit cards, then you can simply call your credit card issuing company and have the cards cancelled. It will take a little bit of time and legwork on your part, but the end result will be worth it. In most cases you will not even be held liable for any charges or purchases that happened before you could get the cards cancelled. Credit cards help you protect your cash.
Financial Freedom
Credit cards are accepted in more and more places around the world than ever before, and in ways unavailable even just a few years ago. Mobile credit card readers, as well as the internet, have opened up an entirely new world for consumers with credit cards. With credit cards you can be in complete control over fees, interest rates, repayment terms, and credit card balance transfers like never before. In fact, the credit card industry is more competitive now than at any time in history, which means you are in control over your choices.