Lastly, good credit history will build for your over time. Rules to keep in mind now is to always pay on time and stay under your limit by using no more than 30% of your credit limit with less usage being even better,

Interesting post. We don't have a credit system like that here in Ireland but the theory is the same. Be smart with your money and don't get behind with your loans.

I find it very important to not spend much money and not have any debt. The best way is to find ways of earning a little extra on the side to fund the fun purchases and keep your wages for the big stuff.