We have a Disney credit card. Which only gets used in Disney and not that much. ( I like cash ) We don't go again till its paid. I take car loans, interest rates are next to nothing it's not worth taking the money out of investments.
When we were younger, we had more loans, today in our old age, we just don't need as much.lol We always lived in a small home, cheap to heat, lower taxes. We could get a bigger house but to us, it's just a place to live. We figure if it don't fit in the modular home in Florida or in the casket, we don't need it.lol
It's also amazing how much money you have when you kids start paying there own bills.lol
I have a friend who likes credit cards..... Oh he goes on some nice trips,drives nice cars and I know where he works, he don't make that much to support all that. His wife also works in a place that doesn't support the life style they live.
But, on the other hand I have a costumer who parents worked there entire life's. She was a school teacher and he was a lineman for a power company. Both made a good living for the times. Never went anywhere, drove junk cars and saved every penny they could. They retired and a few years later one had a stroke, ended up in assisted living. A fEw years later, his mother ended up in a retirement assisted living type place. The home blew through $600,000, there life's savings in no time at all. They are both gone now but there son, a costumer of mine and a friend ( who is now 63 and retired) told me he was going to make sure the last three checks he writes before he dies are going to bounce. Lol bought a big motor home, lives in Florida from October till April the past two years. He sent me a text on Thursday and just bought a house in Arcadia Florida. We are getting ready to get things out of our name. It's great as long as your health holds up when you get older but man, I'm not giving all my money to an assisted living place, I can piss my money away just as good as they can and have fun doing it. Lol