Personal finance is important for everybody. Below is an infographic of 5 Personal Finance Tips for Young Adults.
Why have a debit card rather than a credit card?
It is ideal to have a debit card rather than a credit card. Why you may ask. To have a debit card means the money available on that card belongs to you. Whereas the money on the credit card belongs to the bank. Not only that the debit card may have a small annual fee on it while the credit card not only has an annual fee, you will also be slugged with nasty interest charges that can really hit hard especially if you don’t pay it off on the due date.
So take the advice of those who have woken up to the drag of having a credit card and in some cases many credit cards and endeavour to get rid of them and just use a debit card.