Comments on: The Importance of Liquidity http://www.figuide.com/the-importance-of-liquidity.html FiGuide's free daily tips provides short, actionable strategies to help you achieve a successful, worry-free retirement. Wed, 08 Feb 2012 22:33:05 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Linda Y. Leitz, CFP®, EA, CDFA http://www.figuide.com/the-importance-of-liquidity.html#comment-991 Linda Y. Leitz, CFP®, EA, CDFA Thu, 13 Aug 2009 22:57:01 +0000 http://www.figuide.com/?p=1464#comment-991 Building credit without credit cards is a bit sticky. Some regular vendors you have might report regular payments as positive credit. But to actually get a credit history that you have control over, a credit card used wisely is hard to beat. I still believe that charging something each month and paying it off before it's due is great. It can be one trip to the grocery store or one dinner out. But demonstrating that you can "pay as agreed" shows future lenders for bigger purchases like cars and houses that you can do just that - pay them as you agreed to. Building credit without credit cards is a bit sticky. Some regular vendors you have might report regular payments as positive credit. But to actually get a credit history that you have control over, a credit card used wisely is hard to beat. I still believe that charging something each month and paying it off before it’s due is great. It can be one trip to the grocery store or one dinner out. But demonstrating that you can “pay as agreed” shows future lenders for bigger purchases like cars and houses that you can do just that – pay them as you agreed to.

]]> By: Beth http://www.figuide.com/the-importance-of-liquidity.html#comment-964 Beth Thu, 30 Jul 2009 01:19:04 +0000 http://www.figuide.com/?p=1464#comment-964 Linda, in your opinion, what's the best way to build credit WITHOUT a credit card? Thanks for the great articles, I look forward to everything you are writing here at FiGuide. Linda, in your opinion, what’s the best way to build credit WITHOUT a credit card? Thanks for the great articles, I look forward to everything you are writing here at FiGuide.

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