In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?

Essay topics:

In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?

Recently, the phenomenon of using more credit cards instead of cash and its corresponding impacts has sparked a debated heat. Although contested by many that eliminating paper cash from financial interactions is highly beneficial, such issue is regarded thoroughly both constructive and positive by a substantial number of individuals. I am inclined to believe that using more credit card can be a plus, and I will analyze that throughout this essay.

From the social standpoint, applying for credits instead of money can provide the society with some noticeable effects which are rooted in the fact that globalization, as well as technological advancements, are inextricably bound up. According to my own experience, when I was a university student, I performed an academic survey which discovered using paper money more time-consuming, comparing to credit cards. Thus, beneficial ramifications of both financial issues and managing time in the best way apparently can be seen.

Within the realm of personal considerations, the consistent need to paper cash might increase the consequences of inappropriate behaviours. Moreover, fundamental aspects of using cash in society relate to this reality that the demerits of money pertain to large-scale risk. As a tangible example, a scientific research undertook by Yale University has asserted that the downside of applying more cash is correlated negatively with peoples expectations. Hence, it is correct to presume the preconceived notion of generation discrimination.

To conclude, while there are several compelling arguments on both sides, I profoundly believe that the benefits of using more credit cards instead of cash far outweigh its drawbacks. Not only do the advantages of banking card prove the significance of technological achievements, but also pinpoint credit implications.

Votes
Average: 8.8 (1 vote)
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Comments

Transition Words or Phrases used:
also, apparently, but, hence, if, moreover, so, thus, well, while, as well as

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 10.0 10.5418719212 95% => OK
Auxiliary verbs: 6.0 6.10837438424 98% => OK
Conjunction : 5.0 8.36945812808 60% => More conjunction wanted.
Relative clauses : 10.0 5.94088669951 168% => OK
Pronoun: 18.0 20.9802955665 86% => OK
Preposition: 37.0 31.9359605911 116% => OK
Nominalization: 5.0 5.75862068966 87% => OK

Performance on vocabulary words:
No of characters: 1571.0 1207.87684729 130% => OK
No of words: 277.0 242.827586207 114% => OK
Chars per words: 5.6714801444 5.00649968141 113% => OK
Fourth root words length: 4.07962216107 3.92707691288 104% => OK
Word Length SD: 3.37152032735 2.71678728327 124% => OK
Unique words: 172.0 139.433497537 123% => OK
Unique words percentage: 0.620938628159 0.580463131201 107% => OK
syllable_count: 497.7 379.143842365 131% => OK
avg_syllables_per_word: 1.8 1.57093596059 115% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 3.0 1.56157635468 192% => OK
Subordination: 5.0 1.71428571429 292% => Less adverbial clause wanted.
Conjunction: 2.0 0.931034482759 215% => Less conjunction wanted as sentence beginning.
Preposition: 4.0 3.65517241379 109% => OK

Performance on sentences:
How many sentences: 12.0 12.6551724138 95% => OK
Sentence length: 23.0 20.5024630542 112% => OK
Sentence length SD: 41.8966983584 50.4703680194 83% => OK
Chars per sentence: 130.916666667 104.977214359 125% => OK
Words per sentence: 23.0833333333 20.9669160288 110% => OK
Discourse Markers: 6.41666666667 7.25397266985 88% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 9.0 6.9802955665 129% => OK
Sentences with negative sentiment : 2.0 2.75862068966 72% => OK
Sentences with neutral sentiment: 1.0 2.91625615764 34% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.219236568943 0.242375264174 90% => OK
Sentence topic coherence: 0.0738223445851 0.0925447433944 80% => OK
Sentence topic coherence SD: 0.0661010876308 0.071462118173 92% => OK
Paragraph topic coherence: 0.125021031011 0.151781067708 82% => OK
Paragraph topic coherence SD: 0.0373265341203 0.0609392437508 61% => OK

Essay readability:
automated_readability_index: 16.8 12.6369458128 133% => OK
flesch_reading_ease: 31.21 53.1260098522 59% => Flesch_reading_ease is low.
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 14.6 10.9458128079 133% => OK
coleman_liau_index: 15.9 11.5310837438 138% => OK
dale_chall_readability_score: 10.53 8.32886699507 126% => OK
difficult_words: 101.0 55.0591133005 183% => OK
linsear_write_formula: 15.0 9.94827586207 151% => OK
gunning_fog: 11.2 10.3980295567 108% => OK
text_standard: 15.0 10.5123152709 143% => OK
What are above readability scores?

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Rates: 88.8888888889 out of 100
Scores by essay e-grader: 80.0 Out of 90
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.