How can i management my money with a debit card 10pnts?

So why and how a person can management his/her money with a debit card? why is a security way to save money?|||A debit card is a safe and convenient way to manage your money. I would certainly be careful of how you use it because you can easily find yourself in a situation where you are spending money you don't have.





Assuming you are using it in a prudent manner, you can use software like Quicken and Microsoft Money to download transaction history from your bank. In doing this you can establish monthly spending profiles and budgets that can help you manage your money better than if you used just cash.





Furthermore, many debit cards now carry rewards. Through simply using this card you can earn cash back, travel, gas, and other rewards. A word of caution, there are often annual fees for the debit card rewards programs, although most of the fees are nominal (i.e. $25.00 per year).





Hope this helps.|||You can't easily a debit card is just like a check, you need to record each transaction and reconcile the account to make sure you don't overdraw. It is very easy to forget one item and overdraw, if you use a debit card 10 times after that before you figure it out you will have several hundred in overdraft fees.


It is much better to use a credit card to get the tracking information if you need to see how much you spent on lattes. Keeping a few dollars on you so you don't need to use a card for every little thing priceless.|||A debit card will force you or hopefully force/help you to pay and use it responsibly. You are now using your money, not money that someone gave you the priviledge to use. You can charge only what you have, and it is gone. With a charge card you are charging to a limit, and paying it off. With the debit card if you have 300 you can only charge 300. You are forced to manage your money. You can also apply for a secure credit card which is similar to a debit but the hold your money as security, and you have to make payments. Also these payments will be reported to the credit bureau monthly. A good way to say money if you have some to save is systematically saving when you get paid a certain amount, and maybe putting it in a separate account.