12 Reason's your Credit Score does not Matter!

Just finished up the 3rd of four Financial Management Classes at my church. I taught on the "Reality of Debt Free Living". Everyone was jacked up and ready to destroy their debt, but to the surprise of many what got the class energized just as much was when we discussed Credit Reports and Scores!

It's amazing how the media, the government and these credit card companies have brainwashed a majority of the population into believing that you cannot function in our economy without debt so you have to have a good credit score!

My stance on credit is to live DEBT FREE. Therefore my stance on credit scores is, WHO CARE'S!? I'm not trying to get into debt so I don't care what my credit score is. I am not saying don't worry about paying your bills on time or pay those that you owe money to. Walking in financial integrity is very important and is a must. My point is who needs a credit score if your goal is to live a debt free life!

Uh ohhhh I now I touched alot of nerves out their! So I created a list of 12 Reason's your Credit Score does not Matter(humorous but serious):

1. Your goal is to be debt free! Make sure you actions line up with your goals!
   
2. Cash is king. When you have money in the bank people soliciting your business will listen. That includes mortgage companies and insurance companies
   
3. Last I saw you can pay cash for anything
4. If the car rental place won't take your "Debit Card" (meaning a card that's linked to the cash in your bank account) find one that will!
5. If the hotel won't take your "Debit Card", find one that will!
   
6. With a savings plan you can buy and drive debt free cars forever!
7. You can utilize your own cash in a savings account for overdraft protection instead of a line of credit or credit card.
   
8. Any business that will not accept your debit card is one less business that you should patronize.
9. I've never heard a millionaire say they became rich off of frequent flier programs and cash back from credit card purchases.
10. You haven't even taught your teenager how to handle real money. Why do you need to "build their credit up?"
11. 10% off my first purchase and a free t-shirt is not worth getting caught in the debt cycle.
    
12. How many people do you know that didn't get a job because of their credit report?

It can be tough to go against the grain at times, but you always come out stronger and better at the end! A key I've learned over the last several years is that whatever the rest of the people are doing do the opposite! When everyone is buying you should be selling! When everyone else is selling you should be buying! Well guess what! Everyone is trying to get their credit score up! LETS DO THE OPPOSITE!

Live Debt Free & Prosperous!