For all we know having a credit card allows people to borrow money, or buy products and services on credits. Because of this privilege using credit cards have become an asset to one’s lifestyle not knowing that the more you find it convenient and easy to use, the more you lose your control in spending. 
Let’s look at the lighter side of having a credit card. One good thing about using credit cards is that it is more convenient to bring rather than cash. Using a credit card can provide a convenient payment method for purchases made on the Internet and over the telephone. It can also give you incentives, such as reward points, that you can redeem. Most of all using credit cards offer free use of funds provided you always pay your balance in full, on time.
On the other hand, having a credit card can also be a bad idea because of the consequences you might suffer if you do not handle it properly. Little did you know that using credit cards Cost much more than other forms of credit, such as a line of credit or a personal loan, if you don’t pay on time. Much more than this is that it allows you to build up more debt than you can handle. One thing also about using credit cards is that it has complicated terms and conditions.
Using credit cards can be good and bad at the same time. It will depend on you how you handle the privilege given to you as you use your credit cards. Remember that having this card can give you pleasure, but it can also give you pain if not used properly.
Source: http://www.articlealley.com/article_32102_63.html