Unfortunately it’s almost impossible these days to live without a credit card of some type - especially if you spend some of your time online and want to take advantage of online shopping.

The banks have responded to this need by creating debit cards - these act just like credit cards but the money comes directly from your savings or cheque account rather than being put into a credit arrangement.  These are great for new purchases if you are trying to pay off old credit card bills.

Using a debit card automatically links to your savings giving you a built in limit - with none of the fees attached to a regular credit card.

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