Smart money habits can begin at any age. Giving your child a debit card can help them prepare for their financial future.

Whether a debit card vs. credit card is a better choice depends on your financial situation and how you manage your money.

A few months back, I booked my son's summer camp ($1,300) using my Chase credit card. But somehow, the facility accidentally charged me twice! Thankfully, it only took a few seconds of my time to fix.

Debit cards feel convenient because they pull money straight from your checking account. That same feature makes them risky. If fraud occurs, the cash is gone immediately, and recovering it can take ...