Give me 3 best reasons of borrowing money and tell me why give me explanations for each reason please will give brainliest
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Explanation:

1. To pay for school. Often, the best investment you can make is in yourself. Unfortunately, college and dental school can be costly. Without debt it would be almost impossible for many people to attend. You can feel good about using debt to pay for school as that debt will likely more than pay for itself.

2. To buy a building. Owning your own building can increase your practice's cash flow and net worth. Instead of paying for rent every month, you can instead pay a mortgage and build up equity. Then, when you're ready to retire and sell your practice, you will likely have a valuable asset on the books.

3. To buy a house. Much like buying a building for your business, buying a home can be a great way to increase your net worth. It can also give you the pride of home ownership and the ability to customize your home as you wish. Debt is almost always a necessary tool for buying a home.

jim mohr

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