Should an 18 year old with their first job get a debit or credit card?

I am 18 years old and just landed a minimum-wage job. I am also starting college in the fall. I'm not informed on anything financial. I don't know about credit or debit cards, and I don't always have money because I'm working part-time and going to college. I'd like to start building my credit, but if I don't have the means or it wouldn't be a good idea, I'm fine without getting a credit card. Which kind of card is recommended to me?

Personal Finance, Starting Out
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July 2017
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My advice would be to try to obtain a credit card with a $500 line of credit and then use it as if it is was debit card. Meaning only use the card to buy things you already have the money for and pay your balance in full each month. The bank where you have your checking account may have a card that will work for you.

One thing to keep in mind, there are some robust restrictions around extending credit to students under the age of 21 unless the applicant can demonstrate the independent ability to repay or has an adult co-signer who agrees to accept joint liability for the account. This may make getting a card difficult depending on your individual circumstances.  

Starting to build your credit history at 18 is a great goal and will help you out immensely later in life. Just remember to be careful and not spend more than what you can repay by the end of the month. 

July 2017
July 2017
July 2017
July 2017