Is using a debit card really the best choice for your finances? Episode Overview: In this episode, we’re exploring why relying on a debit card for purchases might be holding you back financially. From building credit to protecting yourself against fraud, we’re unpacking the reasons to consider other options for everyday spending.  Key Takeaways Does Not Build Credit Score: Unlike credit cards, debit cards don’t contribute to your credit history. If you want to build a strong credit score, other payment methods are more effective. Limited Fraud Protection: Debit cards don’t offer the same fraud protections as credit cards, meaning you could be at higher risk if your card information is compromised.  Missing Out on Rewards: Debit cards typically don’t offer rewards like cash back, travel points, or other perks available with many credit cards.  Debit Cards Hold Your Money: When you use a debit card, your money is often placed on hold by merchants before the transaction clears, which can limit access to those funds temporarily.  The Candy Valentino Show Is Sponsored By:  Land Rover: Go to https://www.landroverusa.com/ The most desirable luxury SUVs Penguin Random House: Visit https://www.penguinrandomhouse.com/ ▶︎ WEBSITE | https://www.candyvalentino.com/ Pre-Order My New Book: The 9% Edge Founders:https://foundersorganization.com/  Learn more about your ad choices. Visit podcastchoices.com/adchoices