Frequent Contributor
cassembler
Posts: 470
Registered: ‎02-07-2011
Re: Stay-at-home spouse... Good Credit Benefits?

Thanks both for the posts, which kind of shows the deliciously subtle conundrum we're in.

 

A agree there's no reason my wife should be stuck with no credit, while we're each 50/50 part of the "business," so to speak. And the cases Hauling brought up are perfectly valid reasons why an effort should be made to grow it. I intend to have her cosign on the next car note, for example.

 

And, worst case scenario, if we did ever decide to part ways, or I kick the bucket, a lot more options are available that might make things less awful in general.

"Credit is purely a cash flow tool. Thinking of credit as extra money you didn't have before makes it an EXPENSIVE cash flow tool."