Should I use a credit card or a debit card for this purchase? It’s a common question we ask ourselves from time to time. Different people have different strategies for how they pay for certain items, because the truth is, there is no one size fits all answer.

Credit cards come with some obvious perks – from points to airline miles, to building up your credit for a future loan of some kind. But they can easily be habit-forming, which could lead to more trouble down the road, when we overspend and can’t afford the payments. Nobody wants to end up in credit card debt.

That’s the advantage of debit cards. They are tied directly to your bank account so you can’t spend what you don’t have. Click here to read more.

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