Capri
Capri
Capri Technologies Inc
Banking
11 minutes Posted Jul 28, 2022 at 2:25 pm.
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11:37
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Show notes
You know all that stuff that we’re supposed to magically learn about money that most of us never do? That includes even seemingly simple stuff like how banking works.This class is all about getting back to basics. If you've ever been confused about the difference between debit cards and credit cards, this class is for you!
Here's a little snippet from class:
"Debit cards are plastic cards that look just like credit cards, but they’re not credit cards. They’re attached to your checking account. If you’ve ever wondered what the difference is between a debit card and a credit card, you’re so not alone! When you swipe your debit card at a store, it electronically tells your bank to pull funds from your checking account to pay for the purchase, unlike a credit card, which is pulling funds from your line of credit. Debit card = cash you already have, credit card = money you’re borrowing."