Credit Cards
Even though everyone complains about credit cards, they are a decent tool for building your credit. I’m what you would call a credit card leetch. I actually make money off of using cards. Credit cards allow me to defer my payments of normal bills by 30 days (on average). I then keep that money growing in a savings account.
If I get any extend 0% credit card offers, I jump on them. I use that money for the full time period and pay it off immediately. I then dump the card. It’s fun, I get credit card offers everyday (2-3 on average). I always pay my bills in full and date the checks or e-payments I send one day prior to the due date.
Using this method, I was able to build a solid credit rating. This year I gained 5% interest on all of that money for 340 days (less the 15 days because of transfer periods). So using this method I made about: $175 in interest and $524 in credit card rewards this year. Not to mention my credit rating is outstaning.