Is there a difference between racism and classism

Yes, there is a definite difference. Racism is the view that no matter where you stand economically, your skin color and ethnic origin define your actions as a person. Classism is the view that your economic status defines your actions as a person. Both are forms of prejudice. But racism has to do with discriminating by race while classism is about discriminating based on money and possessions. Neither are right, but they will always exist.