With Black Friday right around the corner and the threat of security breaches, Stewart Welch of Welch Group Wealth Management says you need to take precautions if you plan on using plastic at checkout.
"Credit cards versus debit cards. I don't like debit cards," he said. Welch advises not to swipe your debit card -- not even as the credit option. He says use an actual credit card.
"The reason is if somebody steals your info and charges against the debit card that cash is out of your account," he said.
Welch says you'll probably get that cash credited back to your checking account, but it may take several weeks.
"Most people can't afford to be out of their cash that long. With a credit card, if someone steals your information that's all handled at the credit card company and you're never out of cash," he said.
And speaking of cash, he says while it's the most secure way to pay, "When you're pulling out cash as retail stores and it's really busy people see you have a lot of cash you're subject to being robbed."
Welch says a credit card is the best way to shop until you drop. He offers a tip on how to create a little bit of extra security for yourself.
"I put alerts on there. so every time you make a charge there credit card company immediately sends you an email and lets you know what the retailer was and what amount."