March 2009
Debit cards, also known as check cards, offer convenience in managing personal cash flow. In just a few days, I’ve observed people using debit cards to pay for purchases ranging from a pack of gum, bottle of water or cup of coffee to larger purchases such as weekly groceries, a tank of gasoline, or a set of new tires. According to surveys, many people are embracing debit cards because they feel that they can better track where their money goes and that they have less risk of incurring debt because purchases are deducted directly from their checking accounts. Used wisely, debit cards can offer these benefits and more. Like any tool, however, debit cards may present some pitfalls to users who aren’t careful or adequately alert. In this report, we’ll look at ways to ensure wise use for the best benefits from debit cards.


February 2009
January 2009
December 2008
November 2008
October 2008













































































