Korekty

Mini Essay: Pros and Cons of the Borrowed Money.

• Nowadays, some people can easily take a credit card from a bank for their needs.

• However, sometimes they have problems to pay back.

• I am going to discuss benefits and negative sides of credit money.

• The most important advantage in using bank’s money is be able to make dreams come true.

• From time to time some people are dreaming about having luxury things and visiting new places.

• These can be a car which helps them to commuting with comfort and faster than by public transport, and for locations these can be a vocation on a beautiful island.

• So the borrowed money gives the ability to have some things which people dream of right now without saving money for a long time.

• So for the “fast money” people have to pay percent for using it.

• Therefore all things which were bought by this money cost higher in the long term.

• Other disadvantage of the credit is economic risks.

• For example, if a recession will hit, person who takes a credit would lose his or her job.

• As a result they cannot afford to pay back for their debt, so they can lose what was bought or even more with losing their possessions.

• In conclusion, credit money helps people to feel happier, but in the same time it can be the most stressful experience in their lives.

• Therefore people have to consider on risks if they want to borrow money.