Ways to Pay

What is one advantage of using cash for purchases?

• Helps build credit score.

• Unlimited spending.

• No interest charges.

• It's accepted almost everywhere.

What is a major disadvantage of using credit cards?

• Interest charges if not paid in full.

• Accepted only in few places.

• No electronic record of transactions.

• Immediate payment is required.

Which payment method directly takes money from your bank account?

• Debit card

• Credit card

• Check

• Cash

What is a risk associated with electronic payments?

• Overspending

• Interest charges

• Physical theft

• Hacking or identity theft

What should you do after watching the video according to the teacher?

• Discuss with a friend

• Complete and submit the assignment on Google Classroom

• Take a break

• Start another lesson