Posted on October 30, 2010 at 4:07 pm Society teaches us that credit is part of everyday life - that we need credit, and that we need to finance things. In fact we need to finance all kinds of things such as cars, homes, boats, recreational vehicles, and vacations. Then everyone needs several credit cards, and those are used for just about everything and anything. Clothes, dining out, tools, hobbies and on and on.  Here is an interesting thought for you to consider - what if society has got it all wrong? What if we dont need credit... any credit of any type? I dont know about you, but I finally understand that credit is not a necessary part of my life, and there is no need for me to ever finance anything at all ever again. Of course I realize many people will not even contemplate such a thing seriously - no way they are going to give up credit cards and personal loans. Thats fine. Each person has to choose their own path in this world, and some of use need to follow a different path. Personally I am done with borrowing money for consumer stuff - no more car loans, mortgages, student loans, credit cards etc. Im getting rid of every debt that I have incurred in life as fast as humanly possible and I have finally come to the conclusion that just about everything I have ever done with money management and credit was completely wrong. Too bad I didnt realize this years ago, but at least I do now. I have made my decision, I can and I  will live the rest of my life without borrowing any money, or financing anything else for any purpose. What about you? Do you think you could, or would be able to live the rest of your life without ever borrowing any money through a loan, credit card, mortgage, or car loan ever again?