BANGALORE: Nothing is totally good or bad, thinking makes it so and that is why life is not always a matter of black or white because there are lots of grey areas. Nonetheless, the level of certainty that surrounds some issues provides more than enough logic that can you help you to make the best decisions. One of such issues in which grey areas simply do not exists is on the issue of what you should or should never borrow money to do.

The logic behind borrowing money; to start a business, donate to your favorite charity or pay hospital bills might be subject to lots of fierce debates from both sides of the divide. However, you should never ever borrow money to do any of the things listed below:

1. A Wedding and/or Honeymoon

One of the things you should never ever borrow money to do is financing a wedding or a honeymoon, and yes, you should not even think about borrowing money to finance both the wedding and the honeymoon. The wedding is a single event but the marriage after the wedding is a lifelong experience and it doesn’t just make sense to start a new life with someone on a foundation of debts. Instead of going for an elaborate wedding with all the bells and whistles, a small party with a select number of friends and family members might suffice.

If you must have an elaborate wedding celebration, you can first go to the marriage registry, choose a wedding day far out, start saving as if your life depended on it, and then exchange your marriage vows in an elaborate celebration when you have the money.