What is it appropriate to borrow for?MoneySaving Poll Results

Souk

When is it right or wrong to borrow? Are some things more acceptable than others where is the line between flippant purchases and core needs or is it more about long-term investment in your home or happiness?

We've listed 20 options and want to know which you feel is appropriate to borrow for, or if it's appropriate to borrow at all. We've included some disguised lending such as paying for your mobile phone or car insurance monthly in effect a loan.


Please select YES or NO for each option under the relevant category.

Results

I'm male

Car (new/replacement) (2150 votes)
Yes1819 votes (85%)
No331 votes (15%)
Car insurance (ie, paid monthly) (2073 votes)
Yes765 votes (37%)
No1308 votes (63%)
Christmas (2040 votes)
Yes125 votes (6%)
No1915 votes (94%)
Cosmetic surgery (2042 votes)
Yes192 votes (9%)
No1850 votes (91%)
Dental repair work (2084 votes)
Yes1176 votes (56%)
No908 votes (44%)
Engagement ring (2049 votes)
Yes436 votes (21%)
No1613 votes (79%)
Football season ticket (2042 votes)
Yes202 votes (10%)
No1840 votes (90%)
Hobby gear (eg, ski equipment, camera) (2042 votes)
Yes266 votes (13%)
No1776 votes (87%)
Holiday (2055 votes)
Yes473 votes (23%)
No1582 votes (77%)
New home (ie, mortgage) (2157 votes)
Yes2088 votes (97%)
No69 votes (3%)
New kitchen (2087 votes)
Yes1340 votes (64%)
No747 votes (36%)
Home emergency (eg, roof repair/smashed window) (2116 votes)
Yes1745 votes (82%)
No371 votes (18%)
Home extension/major building work (2124 votes)
Yes1692 votes (80%)
No432 votes (20%)
Deposit for home for children (2050 votes)
Yes512 votes (25%)
No1538 votes (75%)
Mobile phone (ie, paid via contract) (2070 votes)
Yes868 votes (42%)
No1202 votes (58%)
Replace broken TV (2047 votes)
Yes494 votes (24%)
No1553 votes (76%)
Replace broken fridge/freezer (2074 votes)
Yes1187 votes (57%)
No887 votes (43%)
Setting up a new business (2106 votes)
Yes1702 votes (81%)
No404 votes (19%)
University education (2091 votes)
Yes1495 votes (71%)
No596 votes (29%)
Wedding (2062 votes)
Yes609 votes (30%)
No1453 votes (70%)

I'm female

Car (new/replacement) (2739 votes)
Yes2405 votes (88%)
No334 votes (12%)
Car insurance (ie, paid monthly) (2641 votes)
Yes1183 votes (45%)
No1458 votes (55%)
Christmas (2591 votes)
Yes153 votes (6%)
No2438 votes (94%)
Cosmetic surgery (2585 votes)
Yes266 votes (10%)
No2319 votes (90%)
Dental repair work (2648 votes)
Yes1675 votes (63%)
No973 votes (37%)
Engagement ring (2599 votes)
Yes303 votes (12%)
No2296 votes (88%)
Football season ticket (2585 votes)
Yes131 votes (5%)
No2454 votes (95%)
Hobby gear (eg, ski equipment, camera) (2583 votes)
Yes205 votes (8%)
No2378 votes (92%)
Holiday (2601 votes)
Yes520 votes (20%)
No2081 votes (80%)
New home (ie, mortgage) (2750 votes)
Yes2696 votes (98%)
No54 votes (2%)
New kitchen (2652 votes)
Yes1721 votes (65%)
No931 votes (35%)
Home emergency (eg, roof repair/smashed window) (2710 votes)
Yes2347 votes (87%)
No363 votes (13%)
Home extension/major building work (2697 votes)
Yes2164 votes (80%)
No533 votes (20%)
Deposit for home for children (2601 votes)
Yes521 votes (20%)
No2080 votes (80%)
Mobile phone (ie, paid via contract) (2634 votes)
Yes1216 votes (46%)
No1418 votes (54%)
Replace broken TV (2620 votes)
Yes782 votes (30%)
No1838 votes (70%)
Replace broken fridge/freezer (2658 votes)
Yes1746 votes (66%)
No912 votes (34%)
Setting up a new business (2668 votes)
Yes2155 votes (81%)
No513 votes (19%)
University education (2644 votes)
Yes1919 votes (73%)
No725 votes (27%)
Wedding (2615 votes)
Yes565 votes (22%)
No2050 votes (78%)

I'm agender(or I don't wish to disclose my gender)

Car (new/replacement) (32 votes)
Yes24 votes (75%)
No8 votes (25%)
Car insurance (ie, paid monthly) (29 votes)
Yes6 votes (21%)
No23 votes (79%)
Christmas (27 votes)
Yes2 votes (7%)
No25 votes (93%)
Cosmetic surgery (27 votes)
Yes2 votes (7%)
No25 votes (93%)
Dental repair work (30 votes)
Yes17 votes (57%)
No13 votes (43%)
Engagement ring (26 votes)
Yes2 votes (8%)
No24 votes (92%)
Football season ticket (27 votes)
Yes2 votes (7%)
No25 votes (93%)
Hobby gear (eg, ski equipment, camera) (26 votes)
Yes2 votes (8%)
No24 votes (92%)
Holiday (27 votes)
Yes4 votes (15%)
No23 votes (85%)
New home (ie, mortgage) (30 votes)
Yes30 votes (100%)
No0 votes (0%)
New kitchen (28 votes)
Yes16 votes (57%)
No12 votes (43%)
Home emergency (eg, roof repair/smashed window) (28 votes)
Yes25 votes (89%)
No3 votes (11%)
Home extension/major building work (30 votes)
Yes24 votes (80%)
No6 votes (20%)
Deposit for home for children (28 votes)
Yes6 votes (21%)
No22 votes (79%)
Mobile phone (ie, paid via contract) (29 votes)
Yes11 votes (38%)
No18 votes (62%)
Replace broken TV (28 votes)
Yes5 votes (18%)
No23 votes (82%)
Replace broken fridge/freezer (28 votes)
Yes16 votes (57%)
No12 votes (43%)
Setting up a new business (29 votes)
Yes25 votes (86%)
No4 votes (14%)
University education (31 votes)
Yes24 votes (77%)
No7 votes (23%)
Wedding (29 votes)
Yes6 votes (21%)
No23 votes (79%)

                   95220 ratings have been selected.

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