A Prepaid Credit Card, is in fact a Debit Card, and is usually linked to a personal bank account. Other options are that you need to load funds onto your debit card account first. This is reason why a debit card can only be used for a purchase that your balance can cover.

A prepaid Credit card, are usually for people with a bad credit history or for people who are unemployed.

3) **Credit Card Tips** - Sign new credit cards as soon as you receive them - Destroy old cards when they aren't necessary anymore - Never fax your credit card number - Be careful when supplying your credit card number by phone

- Pay your credit bills on time to maintain/create good credit - Pay of your balance as much as possible - If possible select a credit card with no annual fee - Review your credit history on a regular basis

Keep above simple things in mind when selecting a credit card and you will find right one that will suit your needs.

I would like to thank you for reading this article, Sincerely, Karin Loftist http://www.online-creditcheck.com

Younger people are most often described as being in an accumulation phase. Their earnings have not yet hit their peak, but at same time they are striving to obtain both hard and soft assets.

Examples here include saving for a new home or a child's education. Risk assumed here will be tempered by time constraints of these goals as well as individual risk tolerance. In general, longer time frame, more investments in aggressive category may be considered.

The other phases extend to middle age and beyond to retirement. Our middle age years often find us at peak of our earning power, with many of our former goals satisfied. This will mean greater savings are possible, and as time progresses towards retirement, our tolerance for risk will necessarily diminish.

Financial planning takes all of this into account and more. Other factors, including planning for health care and other insurance needs, preparation for emergency expenditures, tax and estate planning and like will all be part of strategy.

Unexpected windfalls may also enter into picture. Saving for retirement becomes increasingly important as time earned income will end draws nearer.

All of these variables add to importance of financially planning across all stages of one's life. It is a concept that encompasses your total financial picture -- both in present and for future.

Copyright © 2005 I.E.C. Haramis haramis@greekshares.com http://www.greekshares.com

Ioannis - Evangelos C. Haramis was born in Greece in 1951. Studied Business Administration, Marketing and Economics in Greece, USA and in Belgium.