C redit or D ebit ?
for recurring payments . Your fees will be paid automatically, and these regular on-time payments will help raise your credit score. • If an emergency occurs , put it on
use an out-of-network ATM, your bank and the ATM provider will charge a fee. Although you can use your credit card to withdraw money, the fees are usually even higher.
• Debit cards can help you avoid
your credit card. This will give you some time to pay off the expense if you need it.
merchant fees from businesses. Some online retailers, restaurants, and small businesses have a surcharge when you use your credit card, but debit cards are excluded from these fees.
W H E N T O U S E E A C H C A R D
Which card you use is a personal preference. Use whichever method you’re comfortable with and makes sense for you. Always check your balances and fees to ensure everything is in order and cost-effective. If you see suspicious activity on your account, contact your bank for assistance.
When it comes to purchasing items, you have a choice about whether you should use your debit or credit card. Although these rectangular pieces of plastic look the same, they are very different. With credit cards, you’re borrowing money, whereas a debit card takes money directly from your account. That being said, is there a better time to use credit than debit? Here are a few instances to help you determine when to use which card. DEBIT CARD • If you need to access cash quickly , it’s best to use your debit card. If you use an in-network ATM, you can withdraw cash without a transaction fee. But if you
• If you make an international
purchase , you may want to use your debit card if your credit card company charges foreign transaction fees. CREDIT CARD • Your credit card is preferred for safer online shopping to prevent your debit card information from being on the internet. However, check your browser and shopping apps to make sure your credit card is the preferred payment method. • If you have any subscription services or bills, your credit card works great
G A I N I N G A B E T T E R U N D E R S T A N D I N G O F F A M I L Y L AW
W ith E lyssa K. W illiams
and around the state of Georgia. After many years of impressive and influential work, Elyssa decided she wanted to try something new and different. She realized that transitioning over to family law would provide her with a more meaningful way to help people when they are facing a dark time in their lives. Elyssa is particularly skilled at handling cases involving complicated financial issues. She helps clients understand the landscape of their assets, debts and what is and is not marital property. She works with individuals prior to their marriage to ensure they are financially protected, particularly in second marriages and marriages later in life when one party has accrued significant assets. She’s a firm believer in the importance of working alongside a family law attorney before, during and at the end of a
marriage to ensure one’s assets are protected. It doesn’t take much for assets that were once separate to become marital, so it is essential to have an experienced attorney by your side to ensure assets are protected. As a final note, Elyssa thinks it’s important for individuals to talk to an attorney before coming to an agreement with a spouse about how any or all assets are to be divided in the event of divorce. Assets must be properly valued and looked at wholistically rather than piecemeal. It’s much more difficult (and sometimes impossible) to fix a bad agreement than it is to get it right the first time. There are many nuances in family law. If you have any questions or need representation, give our office a call.
The team at Vayman & Teitelbaum P.C. is dedicated to helping members of our community with their various family law needs. That’s why we’ve gathered some of the hardest working, brightest and most accomplished individuals to help us advocate for the families in our community. Elyssa K. Williams is one of V&T’s senior attorneys who joined our team with a plethora of family law experience. Though she had her own successful practice, she wanted to work in a team environment, which brought her through our doors. Elyssa didn’t start out in the world of family law, though. For the first half of her career, she was a criminal defense attorney in Brooklyn, Orlando,
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