It’s regularly better to save money for something you need other than getting a loan, then yes, there are times when a loan can come in handy. But, if my buddy and I can wait plus save up, my buddy and I opt for that. Saving money for a giant purchase ensures that my buddy and I don’t have to pay back more money than my buddy and I borrowed. It’s regularly the interest that has us distraught when dealing with many such complications. However, my buddy and I do get loans for other major purchases. For instance, my buddy and I are paying off a mortgage for the home my buddy and I live in, plus another loan for the vehicles. Those are sensible loans to have in our books. However, for matters such as Heating, Ventilation & A/C systems, my buddy and I choose to save up plus push the purchase to another date. This is what my buddy and I did when my buddy and I wanted to replace the old Heating, Ventilation & A/C system in our condo about 5 years ago. My friend and I went to see the Heating, Ventilation & A/C contractor in our section to learn about the different possibilities we had available. While speaking with the Heating, Ventilation & A/C salesperson, she happened to say they had Heating, Ventilation & A/C financing available. As much as it would have been fine to go for Heating, Ventilation & A/C financing, my buddy and I chose to save money for a year since our old component was still functional. Recently, my buddy and I got a whole condo sized air filtration system set up in our home. My friend and I had been saving up for the whole condo sized air filtration system for a year, plus made the purchase separate from taking out any loans. Hopefully, my buddy and I can keep up with this trend because we’ve been thinking about installing new radiant floors in our condo soon. Heating, Ventilation & A/C financing plans are great when you have an emergency on your hands. However, if you can save up money plus push the purchase to a later date, do so.