UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: SeattlePioneer Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308858  
Subject: Re: How do credit checks affect your report? Date: 4/16/2001 1:39 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 2
<<I recently graduated college in December and got a good job in Atlanta this year. In midst of the excitement I decided I NEEDED a new car and proceeded to apply for credit at several banks and credit unions in a search for the best APR deal I could find. I got approved by most but in the end decided it would be smarter to live in "the real world" for a few months before making such a big financial decision.
>>


Congratulations on your caution before diving into the consumer junk market! And congratulations on acquiring a good first job after completing school ---that's often a tough transition.


It sounds like you are on a roll. My one suggestion would be to do some serious thinking about what you plan to do with the rest of your life. Most people wind up married, with children and with a lot of financial demands made upon their limited income. You presently are in a situation where you may be able to begin an intensive program of saving and investment which can pay off big time over the years, giving you financial security and personal freedom that many people, trapped in the rat race, can only dream about.

Or, you can dive into the consumer junk market for whatever pleasures it might provide. You might want to consider reading through some of the posts on the Living Below Your Means and Early Retirement discussions boards for a view into an alternate universe from that of ardent consumerism.


Good luck ---


Seattle Pioneer





Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next

Announcements

TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Value Hounds

Considerable Headwinds for Profire Energy?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement