The fundamentals of money management for us as consumers exist in two important financial accounts: credit and debit. While credit and debit accounts/cards are necessary to the financial well-being of all consumers, there are misconceptions and unclear distinctions between these.
Credit and debit are two very different things. Watch the video below to get a quick overview of the differences and a short list of some pros and cons. Then use the resources found on this page to get yourself more well-versed on how you can be a smart consumer.