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Joined: Jul 2011
Posts: 39,960 Likes: 130
Freak of Nature
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Freak of Nature
Joined: Jul 2011
Posts: 39,960 Likes: 130 |
The correct answer is buy a boat and go fishing But need to finance the boat to insure your credit remains good. 🤷🏿 This is really the sad state of affairs. You could pay all your mess off, and pay cash for everything, and then apply for a loan only to find out you have a mediocre credit score. The guy at the lot I bought my truck from told me your credit will go up with a truck note. He was right. I got from no note for YEARS!! to a note, and boom, higher credit score. It's bassackwards if you ask me. Another option would be to buy stocks that consistently pay dividends. Then just let it reinvest them. When you retire, you have an income stream there too. You’re missing the point, you pay cash so you don’t get the note which puts you back in debt. Who cares what their credit score is when you pay cash. I don't know why folks get so hung up on it.
"Why do you ask"?
Too many people spend money they don't have , on things they don't need, to impress people they don't know.
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