Cyprus’ youth talk money: Should I get a loan?

By Razmik Sargsyan

Most people get it wrong about debt. In my age group, at least, people can be divided into two distinct groups. Those who are extremely cautious about borrowing, and those who are overly relaxed about it.

But who is right?

I view personal finances through a corporate lens. I ask myself: if I were a company what would my balance sheet look like? Would I invest in it?

This type of thinking has allowed me to change my understanding of loans from a mere burden to an instrument.