All the different ways to pay can make it difficult to keep track of how much you have spent, and how much money you have left.
Once money is spent, it’s gone. Sadly, you can’t spend the same money twice!
If you do spend more money than you have, this creates ‘debt’, when you owe money to someone else and promise to pay it back. Normally, you will have to pay extra to spend someone else’s money, if you don’t have enough money yourself. So buying things with someone else’s money is more expensive than if you saved up your own money to spend.
Take care before giving out bank account details or card numbers. If criminals get the information, they can use it to steal money from your bank account. Look out for the padlock symbol next to the website address when you are paying on the internet.