More and more people are using credit cards and are facing credit card debt. A debit card is an alternative. So why should you consider using a debit card to pay for your purchases?

1. You will not over spend
You can only spend the amount of money already in the checking account. If there are insufficient funds, the transaction will not go through. This way, unlike with a credit card you will not be able to spend more than you can actually afford and will avoid credit card debt. You can use a maximum daily limit to further restrict your spending.

2. Safer than using cash
If you carry cash and loose it, it not likely that you will recover it, but with a debit card, you can inform the issuing company to cancel the card.

3. You can track your payments
With cash, you spend it and have no idea what happened to it, whereas with a debit card you can automatically keep track of your payments which will help with planning your finances. They are accepted everywhere and can be used for any purchase.

4. Easier than using checks
Checks are bulky to carry and take time to write.