You can find some reliable cars for around $3000. My "pay cash for everything" isn't cliche at all. I hardly make any money, and yet I'm able to have a paid-for car, free college education, and a high credit rating with no debt. It's possible to do it, most people just don't want to do the work required.Originally posted by: SampSon
No it's not a cop-out at all. Most younger poeple can't afford to pay cash for large ticket items such as a car.
With my job I NEED a car that is in tiptop shape. By no means would I have been able to afford to ever pay cash for it.
So, your "pay cash for everything" is more cliche than you would like to believe.
I believe in credit for things such as houses. Credit, otherwise, is a debt-trap. I use my CC because I get 1% cash back, and I pay off my CC at the end of every month. I live in the USA, and I'm hardly screwing myself.Originally posted by: Ameesh
i guess you dont believe in credit also?
if you live in the USA you are screwing yourself.