[La lamy]

Originally Posted by Goldwingnut

It shouldn't be much of a surprise that The Villages tops the list. A lot of very smart people live here, people who were wise with their money, saved, lived on what they earned, and planned for their future and retirements. The number on the list that also isn't surprising is the average debt, the residents here have a fraction of the debt that the others on the list have, mainly due to no mortgages on many of the homes here.

The high FICO score is a fools dream, a grab to be the highest ranking slave. The real superstars are those who live here without a credit score, who've gone without borrowing money or a line of credit of any kind for the last year or more, they pay cash for everything (debit card is the same as cash and is not credit), these are the true masters of their own money and destiny.

I've been debt free for many years now, but I still use a credit card and pay it down every month. That way I still have a credit score, and get dividends pay back on what I spend. Win win.