For too many people, personal financial responsibility does not begin until they are on their own, studying at university or trying to find a job.
The best way to prevent the next generation of consumers from falling headlong into debt is to start their financial education early.
Debit card accounts can be hacked and the pieces of plastic that represent those accounts out in the world of commerce are just as susceptible to fraud and thievery as their more popular cousins, the credit card.
Credit card usage hit its peak years ago and studies show that debit card usage has trended consistently upward in the last ten years or so.
Debit cards provide the convenience of being able to effectively carry cash in the form of plastic, thus reducing the need to carry physical cash.