« Spending Habits That Lead To Debt Overload | Main | Financial Literacy for teenagers? »

July 22, 2007

Does a person 'NEED' credit ?

I spent most of last week in Las Vegas at a financial services training. It was HOT (110+ outside).

But nothing feels as good for me, as 'Home Sweet Home'.

There is an interesting question in About.com's Credit /Debt Management section - "Do We Need Credit?"   -  (http://credit.about.com/b/a/000066.htm?nl=1)

One of my favorite guru's, Don Blanton (www.moneytrax.com) taught me the difference between needs and wants.

When you think you 'need' something you try to get away with as little as possible to meet the needs - but when you want something you get as much as you can.

Perhaps we should change the question to read - Should We Want Credit?

Alex Weiss, co-founder

www.WealthBuilderUniversity.com

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/2325034/20247656

Listed below are links to weblogs that reference Does a person 'NEED' credit ?:

Comments

Post a comment

Comments are moderated, and will not appear on this weblog until the author has approved them.

If you have a TypeKey or TypePad account, please Sign In