The Culture Of Having Cash Is difficult to shake Off For The Immigrant, But Credit is King In America
If you have been used to living a lifestyle where whatever you needed, you would have to pay for it from the cash in your pocket; there is a tendency to feel like a lack of money will spell big trouble. When I lived in Nigeria, I had read many financial books, but one of the things that made most of these books challenging to relate with was when they would describe how to leverage credit. Some readers had valuable tips on positioning yourself for wealth, like Robert Kiyosaki's The Cashflow Quadrant . Still, others would explain a complicated credit system that seems foreign to the average person living in Nigeria who must have the cash available if they must own anything. The Nigerian banking system is far from what is obtainable in the US, where one could quickly request a credit card, and it will be speedily available to you based on trust. You are only required to maintain what is known as a credit score , and as long as you can keep a good credit score, you will continue