<human>:  What are the pros and cons of a credit card?
<bot>: 
Pros of a Credit Card:
 • Convenient: Credit cards allow you to make purchases quickly and easily without having to carry cash.
 • Build Credit: A credit card is an easy way to establish and build a credit history.
 • Rewards: Many credit cards offer rewards such as cash back, airline miles, or points.

Cons of a Credit Card:
 • High Interest Rates: Most credit cards have high interest rates if you don’t pay off the balance each month.
 • Potential Debt: Without careful budgeting and spending habits, it’s easy to accumulate debt.
 • Annual Fees: Some credit cards charge an annual fee for use.