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.
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: Ameesh
i guess you dont believe in credit also?
if you live in the USA you are screwing yourself.
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.