Loans for gambling or entertainment

Borrowing for investments that yield higher returns than the debt cost

Debt taken for non-essential luxuries

Using credit cards for everyday expenses

It is always profitable

It generally depreciates over time

It requires no maintenance costs

It can reduce future rent expenses and potentially appreciate

The color of the school's mascot

Whether the degree enhances job prospects sufficiently to offset the debt

The popularity of the course

Proximity of the school to beaches

The car's color

If the car is essential for improving job opportunities

The sound system quality

The brand of the car

A loan for a medical emergency

Credit for educational purposes

Borrowing to buy a luxury watch you cannot afford

Investment in a business startup