Building Credit...

[twentee]

it's best to not pay all of it, tho. Yes, pay on time, pay regularly, but leave about 10% of the bill as "carryover". they LOVE to see you leaving money drawing interest, as long as you don't have TOO MUCH debt overall, and you don't leave too much of the current debt unpaid.

 

[switch]

a credit card is a mobile loan granting device...read that again
the entire western economy is "you either take loans or you don't buy a house"

there are a lot of people who fall into the "rewards" trap.
there was a study that proved a reward program encourages more spending by the consumer,so basically you will unconsciously spend 70 bucks more than usual for just 5 bucks in rewards...
if you really need a credit score go for a debit card , if you really want a credit card get a secured credit card

but IMO always use cash, fuk credit scores....its all BS anyway

 

[twentee]

u can buy a house, but you can't buy a FANCY house. way outside of your means, amd you can't buy it without having 20% of the purchase price in cash. that is not all that impossible to achieve. In fact, anyone who will pay attention to what I teach here can arrange that in 2 years or less. You don't need, and shouldn't even want, a house over 100k. you need to make double payments on it each month, the first few years, and it will knock about 100k off of your interest, too, (30 year mortgage) Write one check out "towards prinicple only", so that they can't just apply it to the loan in general. You want all the credit cards you can get, in case you need or want to cash them out into gold coins, and make a bundle on the deal one day.