Availing a personal loan should be the last resort for you to accumulate finances to fulfill your immediate requirement. For any of your requirements or emergencies, it is advised to save a part of your income aside, so that there won’t be any need for you to take any kind of loan.
Debt has a number of pros and cons. Although in the short term your financial requirement is fulfilled, but in the long run they can have huge impacts on your finances. Cases which involve long term loan tenors like a home loan, can be very expensive.
Keeping all these circumstances in mind, it is best if you can start to invest early. Once you get married, your responsibilities are bound to increase. In such situations going for a loan is only going to create an impact on your savings.
Although loans are of the preferred ways for raising finances, it should be opted only in case of emergencies and unforeseen circumstances.