Loans For Vacations and Paying Off Loans

Is it ever okay to take out a loan to finance a vacation or a large purchase?

It is never a good idea to take out a loan to finance a vacation, or pay for a new toy. Save the money first and use the money that you saved for these types of expenses.


This is a web preview of the "The Handy Personal Finance Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App