My personal belief is if you cant afford to pay cash for the boat or atv or whatever you buy then maybe you shouldnt be buying it
That pretty much goes in line with my way of thinking. However sometimes you need to charge stuff in order to build your credit up. Using a credit or some sort of charge account whether from a bank or other wise can help you out when trying to buy a peice of land, house, car, or anything else that requires you to get a loan.