Originally Posted by Rochard

In today's society you can purchase nearly anything with credit? Want to buy a car for $50k? No problem, get a loan.

For the most part I don't do credit. I own two houses, one I rent, and one I live in. I have a motorcycle that's paid for, and a truck that I just paid off a few weeks ago (two years ahead of time), and I just purchased a car and own $10k on that (which will be paid off in two or three months).

I also have an account with Kay Jewelers, but that's only because when I buy stuff for my wife I spend more than my ATM card allows me to spend in one day (which is $1k). This account is always paid off monthly.