It's like people bragging about their credit score. The only way one can keep a very high credit score is to continually go into debt and stay in debt. Once you pay off all your debt, the score vanishes in 8 months. I proved this by tracking my own credit score in addition to my debt balance. Exactly 8 months after no debt, credit score could not be calculated. And then you get the advice from all the people in debt.... you can't get a loan, you can't buy a house, you can't get a mortgage. Why would someone who becomes debt free want to go back into debt? Possibly for a mortgage, and that's easy enough with a lender who does manual underwriting and doesn't rely totally on a credit score. Someone with no other debt can afford a mortgage payment and will never face risk of foreclosure
I would rather have zero debt and adding $60K a year into my Roth IRA, investing in great mutual funds and stocks than sending all my money to others to maintain an 850 credit score. Look where each person will be in 5, 10, 20 years. No comparison. But try convincing people who focus on their high credit score there's a smarter way, and you'll get lots of arguments and excuses. Since these people have so little left over after paying their bills, they invest in very high risk penny stocks to try to strike it rich. Almost never works, but probably better odds than buying lottery tickets (which I expect they also do every week).
One would think if one got burned badly, as in losing 6-figures-plus in Amarantus, a penny stock with zero revenue generated, that person would not continue to invest large sums in other penny stocks, and certainly not penny stocks with zero revenue (like MONI). Nothing learned from the ordeal, and still crying about it over a decade later, still blaming the CEO and taking no personal responsibility for one's own actions. But he probably has a high credit score and lots of message board followers... the sign of a true winner. LMAO
