Credit Cards

Credits cards are plastic/metal "cards" that banks and financial services provide. This allows cardholders (the person who has the card) to borrow money and pay using it. But they must pay back the borrowed money, interest, and other additional  agreed-upon charges at a  later date.

You use them in your daily life, from going to the grocery store to buying new clothes. A common but good tip is to make sure to only have a few credit cards (2-3) and spend them wisely. It is better to underspend than overspend. You don't want to deal with loads of debt afterwards!

Article Link: What is a credit card? (article) | Khan Academy