Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Optimal way to use a credit card to build better credit?
Or here's a better idea: don't have a credit card at all.  They offer no real benefits and plenty of dangers.  Don't take my word for it, though: "I tell every student class I get, high school students, university   students, you know, they'd be better off if they never used credit   cards"   - Warren Buffet (Net worth: $44 billion) Before anyone says anything about using credit cards "wisely" and getting the rewards points, I can save 15% on many kinds of large purchases ($100+) using cash.  You won't find a reward system offering that level of incentive.  Two recent examples of cash discounts: After I bought my house I needed a lawnmower and a my wife wanted a new vacuum cleaner.  Went to Lowe's and found the ones we wanted.  They were $600 combined.  Found the manager, stuck five $100 bills in his hand and said "this is what I have, and that is what I need."  16.6% saved. Bought my daugher a bed recently. Queen box spring and mattress were on sale for $300 but it didn't come with the rails, which they wanted $50 extra for.  Went to the bank and got $320 in cash from the bank, walked in, set it in his hand and said, "I need the bed box spring and rails, tax included."  He replied, "Sorry man, I can't.  I'm already taking a loss on..." Then he stopped mid sentence, looked down at the cash again and said "Hold on. Let me ask my manager." Manager walks over, guy explains what I said, manager looks at the cash and says "Make it happen"  14.3 % saved. As for purchasing a home, it is a myth that you need a credit score to obtain a mortgage for a home.  Lending institutions can do manual underwriting instead of just relying on your credit score.  It is a little tougher to do and banks usually have stricter requirements, but based on the information the OP has given in this and other questions, I think he can easily meet them.