Do you want something badly enough to borrow money?

When it comes to debt, it’s a hard concept for me to endorse.  I find it very hard to think that there are things I want badly enough that I would take on a debt to buy.

But the general public obviously doesn’t share my concern.

I have a serious case of debt allergies.  However, if I’m creative enough (honest enough?) I’m sure there are some things that would cause me to take on debt.  So I started trying to think of reasons I might consider taking a debt.  Here’s the list of questions that I came up with (the answer to many is still “no” for me):  Read more... (752 words, 11 images, estimated 3:00 mins reading time)

• Is this a good time to prepay our mortgage? You know how I feel about debt, including mortgage debt. As a matter of fact, just last week I posted about this very topic. This week I came across an article at CNNMoney.com that asked, "Is this a good time to prepay our mortgage?". One of the interesting aspects of......
• The Weakonomist Reads a Book: The Economic Naturalist Like all the other behavior economics books you've read, this one has a long title too: "The Economic Naturalist: In Search of Explanations for Everyday Enigmas"  Quite a mouthful.  The author is a gentleman by the name of Robert H. Frank.  Frank, like Dan Ariely, is one of those......