Debit and credit cards are two of the most commonly used payment methods today. Over 175 million Americans have a credit card, according to the Consumer Financial Protection Bureau’s 2021 Consumer ...

Expert take: Teaching kids how to use debit and credit cards is an important part of their financial education. Start your children on debit cards, then help them build credit when they’re old enough ...

Teaching kids about credit cards and debit cards is an important part of their financial literacy. Credit cards borrow money from a card issuer, while debit cards withdraw money from a bank account.

Several years ago, Hannah Case decided to examine her personal credit history. Case, who was then a researcher at the Federal Reserve, hadn’t gotten her first credit card until she was 22. But as she ...

Credit cards for kids: Pros and cons Credit and debit cards may look identical, but they work very differently: A credit card lets you borrow money from an issuer while a debit card pulls money from ...