What is it appropriate to borrow for?

What is it appropriate to borrow for?

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)
Yes 1819 votes (85%)
No 331 votes (15%)
Car insurance (ie, paid monthly) (2073 votes)
Yes 765 votes (37%)
No 1308 votes (63%)
Christmas (2040 votes)
Yes 125 votes (6%)
No 1915 votes (94%)
Cosmetic surgery (2042 votes)
Yes 192 votes (9%)
No 1850 votes (91%)
Dental repair work (2084 votes)
Yes 1176 votes (56%)
No 908 votes (44%)
Engagement ring (2049 votes)
Yes 436 votes (21%)
No 1613 votes (79%)
Football season ticket (2042 votes)
Yes 202 votes (10%)
No 1840 votes (90%)
Hobby gear (eg, ski equipment, camera) (2042 votes)
Yes 266 votes (13%)
No 1776 votes (87%)
Holiday (2055 votes)
Yes 473 votes (23%)
No 1582 votes (77%)
New home (ie, mortgage) (2157 votes)
Yes 2088 votes (97%)
No 69 votes (3%)
New kitchen (2087 votes)
Yes 1340 votes (64%)
No 747 votes (36%)
Home emergency (eg, roof repair/smashed window) (2116 votes)
Yes 1745 votes (82%)
No 371 votes (18%)
Home extension/major building work (2124 votes)
Yes 1692 votes (80%)
No 432 votes (20%)
Deposit for home for children (2050 votes)
Yes 512 votes (25%)
No 1538 votes (75%)
Mobile phone (ie, paid via contract) (2070 votes)
Yes 868 votes (42%)
No 1202 votes (58%)
Replace broken TV (2047 votes)
Yes 494 votes (24%)
No 1553 votes (76%)
Replace broken fridge/freezer (2074 votes)
Yes 1187 votes (57%)
No 887 votes (43%)
Setting up a new business (2106 votes)
Yes 1702 votes (81%)
No 404 votes (19%)
University education (2091 votes)
Yes 1495 votes (71%)
No 596 votes (29%)
Wedding (2062 votes)
Yes 609 votes (30%)
No 1453 votes (70%)

I'm female

Car (new/replacement) (2739 votes)
Yes 2405 votes (88%)
No 334 votes (12%)
Car insurance (ie, paid monthly) (2641 votes)
Yes 1183 votes (45%)
No 1458 votes (55%)
Christmas (2591 votes)
Yes 153 votes (6%)
No 2438 votes (94%)
Cosmetic surgery (2585 votes)
Yes 266 votes (10%)
No 2319 votes (90%)
Dental repair work (2648 votes)
Yes 1675 votes (63%)
No 973 votes (37%)
Engagement ring (2599 votes)
Yes 303 votes (12%)
No 2296 votes (88%)
Football season ticket (2585 votes)
Yes 131 votes (5%)
No 2454 votes (95%)
Hobby gear (eg, ski equipment, camera) (2583 votes)
Yes 205 votes (8%)
No 2378 votes (92%)
Holiday (2601 votes)
Yes 520 votes (20%)
No 2081 votes (80%)
New home (ie, mortgage) (2750 votes)
Yes 2696 votes (98%)
No 54 votes (2%)
New kitchen (2652 votes)
Yes 1721 votes (65%)
No 931 votes (35%)
Home emergency (eg, roof repair/smashed window) (2710 votes)
Yes 2347 votes (87%)
No 363 votes (13%)
Home extension/major building work (2697 votes)
Yes 2164 votes (80%)
No 533 votes (20%)
Deposit for home for children (2601 votes)
Yes 521 votes (20%)
No 2080 votes (80%)
Mobile phone (ie, paid via contract) (2634 votes)
Yes 1216 votes (46%)
No 1418 votes (54%)
Replace broken TV (2620 votes)
Yes 782 votes (30%)
No 1838 votes (70%)
Replace broken fridge/freezer (2658 votes)
Yes 1746 votes (66%)
No 912 votes (34%)
Setting up a new business (2668 votes)
Yes 2155 votes (81%)
No 513 votes (19%)
University education (2644 votes)
Yes 1919 votes (73%)
No 725 votes (27%)
Wedding (2615 votes)
Yes 565 votes (22%)
No 2050 votes (78%)

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

Car (new/replacement) (32 votes)
Yes 24 votes (75%)
No 8 votes (25%)
Car insurance (ie, paid monthly) (29 votes)
Yes 6 votes (21%)
No 23 votes (79%)
Christmas (27 votes)
Yes 2 votes (7%)
No 25 votes (93%)
Cosmetic surgery (27 votes)
Yes 2 votes (7%)
No 25 votes (93%)
Dental repair work (30 votes)
Yes 17 votes (57%)
No 13 votes (43%)
Engagement ring (26 votes)
Yes 2 votes (8%)
No 24 votes (92%)
Football season ticket (27 votes)
Yes 2 votes (7%)
No 25 votes (93%)
Hobby gear (eg, ski equipment, camera) (26 votes)
Yes 2 votes (8%)
No 24 votes (92%)
Holiday (27 votes)
Yes 4 votes (15%)
No 23 votes (85%)
New home (ie, mortgage) (30 votes)
Yes 30 votes (100%)
No 0 votes (0%)
New kitchen (28 votes)
Yes 16 votes (57%)
No 12 votes (43%)
Home emergency (eg, roof repair/smashed window) (28 votes)
Yes 25 votes (89%)
No 3 votes (11%)
Home extension/major building work (30 votes)
Yes 24 votes (80%)
No 6 votes (20%)
Deposit for home for children (28 votes)
Yes 6 votes (21%)
No 22 votes (79%)
Mobile phone (ie, paid via contract) (29 votes)
Yes 11 votes (38%)
No 18 votes (62%)
Replace broken TV (28 votes)
Yes 5 votes (18%)
No 23 votes (82%)
Replace broken fridge/freezer (28 votes)
Yes 16 votes (57%)
No 12 votes (43%)
Setting up a new business (29 votes)
Yes 25 votes (86%)
No 4 votes (14%)
University education (31 votes)
Yes 24 votes (77%)
No 7 votes (23%)
Wedding (29 votes)
Yes 6 votes (21%)
No 23 votes (79%)

                   95220 ratings have been selected.

We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.