Taking on debt is a hotly debated topic in the personal finance world.
Most people feel — including myself — feel that you should take on as little debt as possible during your life, but there are certain times when it is appropriate.
There are others who feel that at no time should you ever take on debt. And then there are others who don’t see a problem with taking on debt on a more regular basis (whether to invest, house flip, etc.).
But, I want to know what you think about this: when is it right to get a loan?
Answer the poll below and then let me know why in a comment. (You can select more than one answer.)
About the author: Jason is the author of Automatic Finances: 17 Days to Your Financial Freedom, a guide to automated money management. He started investing thanks to a free lunch, and after finding out how he was getting the short end of the stick, he sought out how to do it right. More »