Credit Card: Useful if You Know How to Use It Advantages:
Both may seem similar, but using them correctly can make the difference between healthy finances and a headache at the end of the month. Here’s the basic information you need to know to make better decisions when it’s time to pay: Debit Card: Your Money, Your Control CREDIT OR DEBIT? Decisions that impact your wallet... At the supermarket, online, or at the café... you take out your card and ask yourself the eternal question: Credit or Debit? You use the money you already have in your account. Ideal for avoiding debt and having a clear view of your spending. Advantages: You avoid getting into debt. You have better control of your expenses. Perfect for small purchases and daily expenses.
You can make large purchases and pay in installments (without interest if you choose wisely). It helps you build credit history. It offers benefits like interest-free months, points, cashback, etc.
Be careful to...
No pagues solo el mínimo. Not just pay the minimum. Keep track of the billing and payment due dates. Not use it as an extension of your salary.
So... which one should you use?
Use debit if you want to control your finances and avoid debt. Use credit to take advantage of promotions or make planned purchases, but only if you know you can pay on time. Remember: it’s not about which one is better, but how you use them. A good payment decision can help you have a peaceful month... or one full of calls from the bank.
Be careful to...
Not just pay the minimum. Keep track of the billing and payment due dates. Not use it as an extension of your salary.
IAConnect 24
Made with FlippingBook - Share PDF online