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RE: How to Start Building Credit

in 500 Words a day4 years ago

Agreed! Saving up for the big stuff helps a lot! I think this speaks to "delayed gratification", it's hard to wait but it gives a sense of pride that you got X item you really needed with no need of a loan, just straight cash.

I recently bought a car in cash (2016, used). Of course, I did save for 2.5 years but I skipped the loan hassle and any warranty upsell. Bing, bang, keys in hand and no fear of debt or having to pay anyone. It was mine, clean and clear.