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1. 10 Reasons To Hire and Retain Workers 50+
   Older businesswoman working on laptop with young coworkers It’s time for a cultural wake-up call. Here’s the business case for hiring and retaining workers 50+. The beauty of it is that everyone wins from companies to workers, and, you bet, the economy. When it comes to hiring, smart employers know that it’s not about
2. 4 Lessons From the Worst and Best Customer Service
   Getting customer service right is not just about finding solutions—it’s about learning from what others get wrong. Here are four lessons that can help you get it right
3. 6 Types of Budgets and How to Choose
   In hindsight, it makes sense that at the height of the COVID-19 pandemic Americans hoarded more money than ever. In fact, the U.S. Bureau of Economic
4. 9 Keys to Solving Problems in Business Quickly and Effectively
   Problem-solving in business takes self-discipline and focus, but is a skill that must be learned. Creating a new business, or working in an existing
5. 9 Tips And Strategies To Spend Less During The Holidays
   The holiday season is one of joy, giving, and merriment. However, it can also be a period of financial strain, with expenses skyrocketing due to
6. The Small Business Technology Gap, And How To Bridge It
   Big business will keep building with or without us. The question is: how will we close the small business technology gap? Are we going to let small businesses in on the future, or not?
7. Year-End Charitable Giving and Top 5 Strategies Overview
   Year-end charitable giving offers potential tax benefits as well as a chance to have an impact. Here are some top giving strategies to consider
8. Unmarried And Living Together? Be Aware Of These Financial Challenges
   Are you one of the growing number of unmarried Americans who are living with a partner?
9. What is a Revocable Trust and Do I Need One?
   Let's face it, estate planning is not necessarily fun, but it is definitely critical, especially as you get older and acquire more assets. There is a preconceived notion, however, that it's an activity only for the wealthy. That's just not true. Everyone should have an estate plan in order to protect their loved ones a
10. What is the difference between a debit and credit card?

    While both a debit card and credit card can be used to make purchases at stores or online, how they work is quite different.

    A debit card is tied to your bank account. When you use it to make purchases, money is withdrawn directly from your account. If you have no money in your account, the purchase won’t (or shouldn’t) go through.

    A credit card is a revolving line of credit, or a loan. When you use it to make purchases, the credit card company funds the purchase upfront. You can continue spending up to your credit limit without paying immediately. At the end of your billing cycle, your credit card company sends you a bill for the amount you owe. You then have the option of paying the minimum amount due (and paying interest on the remainder), paying your balance in full (and not being charged interest) or paying somewhere in between. As long as your account is in good standing, you can continue to spend up to your credit limit.

    Each type of card has benefits and drawbacks. A debit card is a safe option. It prevents you from falling into debt, since it won’t function if you don’t have any money in your account. However, should you need to spend a little extra, you won’t be able to.

    A credit card, on the other hand, gives you access to additional funds and it gives you the opportunity to build your credit, provided you pay your bill in a timely fashion. The potential risk is that you may end up paying high interest on the balance you don’t pay off, and, if you don’t make your regular payments, you may see your credit score drop.

    At Old National, we offer our clients both debit cards and credit cards.