It's good to know the differences between margin and padding. Here are some differences:
Margin is outer space of an element, while padding is inner space of an element.
Margin is the space outside the border of an element, while padding is the space inside the border of it.
Margin accepts the value of auto: margin: auto, but you can't set padding to auto.
Margin can be set to any number, but padding must be non-negative.
When you style an element, padding will also be affected (e.g. background color), but not margin.
