 TITLE: How to Build Wealth CONTENT: Use Credit Wisely\n-----------------\nBuilding your credit and using credit wisely can also be important. Having excellent credit can make it easier to access different types of financial products, and help you qualify for the best rates and terms on a new loan or credit card.\nAn example of using your good credit to build wealth could be when you've saved up money to buy a new car with cash, but you also qualify for an introductory 0% financing offer on an auto loan.\nYou could take the 0% financing offer and put your savings into a low-risk investment, such as a certificate of deposit. Then, you can collect interest on your investment, knowing that you can pay off the loan before the 0% rate ends.\nHowever, whether your credit is poor, excellent or nonexistent, you still want to be careful when taking on new debt. Avoid taking out loans for wants rather than needs, and always pay your credit card and loan bills in full each and on time month. END