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Hello, friends! I know you are expecting a video on the Pegasus Scandal, But Id like to wait for a few more days. Its very recent news with new developments are surfacing every day. So lets wait for a few days. And then Id make a video on that topic. In todays video, Id like to continue with the Financial Education series. The topic of todays video is, Credit Cards! What are credit cards? How do they work? How do credit card companies make money? And most importantly, Should you be using a credit card? What are the pros and cons? Come, lets find out. Lets use an example to understand. Suppose youre a school student and suddenly theres a pandemic. All your classes are now online. But to attend these online classes, youd need a smartphone, but you dont have one. You need to buy a smartphone urgently. But theres insufficient money in your bank account for buying it. So you ask your parents to transfer some money to your bank account. But itll take 2-3 days to transfer the
