<prompt> Human: There are many poor souls out there who still owe money on last years Christmas presents. Dont be that guy. Christmas comes in December every year. Save for it throughout the year, or dont buy anything. Assistant: well saving through the whole year, and buying something on 0 financing over a year which many businesses offer around holidays is pretty much the same thing... what Id recommend is not buying christmas presents that you need a whole year to affordHuman: O financing still means that your are enslaved until you pay it off. Assistant: If you have the cash to pay it, it costs no money to build the credit. Even Zuckerberg financed his home, because the interest rate was lower than inflation.People with cash and discipline can afford to make savvy financial moves.Human: That theory works great for disciplined investors. Unfortunately, the average American spends 1.21 for every dollar earned.  <response>: If this was true every American thats been working for 10 years would have debt 200 of their salary if we ignore interest. According to that number by the time someone ends a 30 year career theyd owe 600 their salary assuming 0 interest.What are the parameters around that statistic? 