Caitlin wants to buy an airline ticket, but she’s uncomfortable taking that much cash to the counter at the airport. Instead, she uses her credit card. Which advantage of credit is being demonstrated here?

Answer 1

Caitlin is demonstrating the advantage of credit known as "convenience." Using a credit card allows her to make a purchase without carrying large amounts of cash, making it safer and easier to manage her funds. Additionally, it provides her with the ability to make purchases and pay for them later, which can be beneficial for budgeting and cash flow management.