When you should use credit instead of debit

Remake America

Debit and credit cards have different advantages when you're making expensive purchases, travel plans, or a personal budget, says Yahoo! finance expert Farnoosh Torabi.

Credit cards usually provide more protection for consumers than debit cards, especially when shopping online Torabi says. Credit cards are also a faster way to establish credit.

While debit card reports are not always sent to credit rating agencies, they can be more valuable for folks trying to build up savings, Torabi said.

Do you use credit or debit when you're shopping or traveling? Tell us your story in the comments.