Comment Re:Teachers (Score 1) 102
Sadly the teacher is correct unless you plan to give your son a great inheritence he will need to purchase cars, rent places, and even buy a home some day.
The teacher is claiming, specifically, that not paying off credit cards increases your credit score. This is wrong. It has nothing to do with budgeting, or leasing, or mortgages. It's about building credit via using credit cards.