CREDIT CREDIT CREDIT

All week we have studied about credit and debt and credit and debit and more credit. A credit card is like a card of money that you are able to use immediately at any time, but you must pay off the credit card every month. If you chose not to pay off your credit card every month, then more often than not you will end up in credit card debt. THAT IS NOT GOOD! However, what is good are debit cards. A debit card is hooked up to your checking account so that whenever you make a purchase with your card that money is coming straight out of your bank account. If you chose to use a debit card then you will most likely not get into any debt, which is YAY YAY YAY!!! More important than anything, you must read the fine print when applying for any credit or debit card, there could be things that trick you and then you are stuck in a pickle. All this is very important to know so you are aware of what type of card you are right for when you get older. Good Luck Credit Card Shopping!!!