As anyone who knows me or has read my book Are You Guys Brothers? knows, when Ray and I met back in 1976 I didn’t have a credit card. I was 28 years old and I figured that if I didn’t have the cash, I shouldn’t buy it. Ray, though fiscally conservative, told me that to establish credit, I needed to have a credit card, so, by the end of the year, I had thirty.
If a sales clerk asked me if I wanted to open an account with their store, I said "Sure. Why not?" My wallet couldn’t hold them all.
Seeing the enormous bulge in my back pocket, Ray pulled out the scissors and cut up every credit card except for the Visa and American Express. "That’s all you need," he insisted. Suddenly, when I walked, I no longer tilted to the right!
Today, my computer is bulging with Internet connections. Read more…