Pros and Cons of Debit and Credit Cards

This episode of State of Wellbeing focuses on financial wellness, featuring Jennifer Olson, Senior Vice President of Business Banking at Bank Star Financial, and Shari Landmark, Chief Wellness Officer at South Dakota State University. Together, they explore the differences between debit and credit cards, the importance of building a credit history, and strategies for maintaining a healthy credit score. Jennifer shares personal anecdotes, practical advice, and insights on managing finances responsibly. Whether you're a student or a professional, this episode offers valuable tips for achieving financial fitness and avoiding common pitfalls.   Learning Objectives: Listeners will understand the difference between debit cards and credit cards and when to use one versus the other.   Listeners will be able to identify ways that their credit scores may impact them and how to improve their credit score.  Listeners will be able to identify two resources for improving their financial literacy.   Processing Questions: What are the downsides of credit cards, and how you can mitigate them?  How can students find a balance between using a debit/credit card responsibly?   What resources are available to students wanting to learn more about financial literacy?