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Experts share best credit card advice

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Go with paper, not plastic
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Go with paper, not plastic

Name: Jean Chatzky

Bio: Author of "The Difference: How Anyone Can Prosper in Even the Toughest Times," and personal finance contributor for NBC's "Today" show.

Advice: I was once told -- and then I went back and confirmed that it was indeed true -- that you spend more with credit than you do on a debit, and more on a debit than you do with cash, and more with cash if you have small bills in your wallet than if you have big ones.

Think about how far removed you feel from all of those means of purchase. And the feeling you got when you were a kid and somebody gave you a silver dollar. So the advice that goes hand-in-hand with that is: If you're trying to save, you should take the plastic out of your wallet, put $50s in, and call it a day.




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