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Plastic Money/Credit Cards Charisma for Now and Then (A Thin Line between Easy Money and Risky Money)

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  • Hasan, Syed Akif
  • Subhani, Muhammad Imtiaz
  • Osman, Ms. Amber

Abstract

The monetary rattle between consumption and affordability slammed the household severely for every now and then in all spheres of life from one pole to another. This research is an encomium on the charisma of plastic money, its usability and affordability while they are impacting on its preference to use. Friends and Family have an influence on the use of plastic money which is taken as a proxy of plastic money charisma while convenient use of plastic money along with spending adjustment and use of plastic money along with prediction of future income are the proxies of its usability and affordability. The findings reveal that the Plastic money has a charismatic appeal as it has an influential effect which is often endorsed by the family and friend. While, it is also investigated and concluded that plastic money also has its usability and affordability for the consumers.

Suggested Citation

  • Hasan, Syed Akif & Subhani, Muhammad Imtiaz & Osman, Ms. Amber, 2011. "Plastic Money/Credit Cards Charisma for Now and Then (A Thin Line between Easy Money and Risky Money)," MPRA Paper 34739, University Library of Munich, Germany, revised 2011.
    • Handle: RePEc:pra:mprapa:34739
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    File URL: https://mpra.ub.uni-muenchen.de/34739/1/MPRA_paper_34739.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Md. Al-Amin & Nahida Sultana & Shohel Md. Naf & SM Nazrul Islam, 2019. "Customers’ Perceptions about Plastic Money towards Sustainable Banking in Bangladesh: A Technological Adoption," International Business Research, Canadian Center of Science and Education, vol. 12(6), pages 82-89, June.
    2. Hasan, Syed Akif & Subhani, Muhammad Imtiaz & Osman, Ms. Amber, 2012. "Spending patterns in youth," MPRA Paper 37657, University Library of Munich, Germany.
    3. Jawaid Ahmed Qureshi & Sana Baqai & Muhammad Asif Qureshi, 2018. "Consumers' Attitude towards Usage of Debit and Credit Cards: Evidences from the Digital Economy of Pakistan," International Journal of Economics and Financial Issues, Econjournals, vol. 8(5), pages 220-228.

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    More about this item

    Keywords

    Plastic Money; Charisma; Usability; Affordability; Preference to use;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • N2 - Economic History - - Financial Markets and Institutions

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