Where to Watch FOX40 News During the World Cup

Beat the System: Dad’s Financial Advice – Updated

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

beat-the-systemSACRAMENTO-

As Father’s Day approaches, we thought we’d turn to dad for some financial advice with some updates, thanks to Credit.com.

Ever hear dad say pay cash for everything?

While it’s true that should buy what you can’t afford, you can’t build credit by only paying cash.

Dad also might have used to say, “Don’t owe anyone anything.”

Nowadays, it’s healthy to owe someone and pay it off. That’s how you build good credit, which can help you get the best rates for big purchases like a car or a house.

Then, there are the obvious dad tips like “go to college” and “get a job.”

These days, that’s just the start of a career, not the last step. Don’t let your skills get rusty.

For more updated fatherly financial advice, click here.

Kate Eby and Ian McDonald contributed to this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s