Credit: Yea or Nay?

[mnhtnbb]

9. We pay off our credit cards every month

which means we don't charge something if there isn't money to cover it.

When you're younger, you need to have a good credit score IF you want to buy a house or your car
dies and you need a new car.

Just using a credit card for gas purchases will build up your credit score. Don't use it for anything else
and pay it off every month.

My oldest son qualified for a mortgage--based on no other credit history than that--when he was in his
early 20's.