<prompt> Human: We currently have zero debt besides Mortgage. We have about 58k in equity which leaves us with ability for HELOC at 1.99 for first year and then prime-ish after. CC rate is 8.5 and 10k PLOC is 8.5 ish. Both of those balances are zero. We have an emergency fund we have been slowly but surely building up to 6.5k right now, still adding to it.My question is, is it a bad move to open a HELOC and use for a trip or 4-wheeler for instance. I couldwould buy a 6k 4-wheeler to use on my property and pay back over a year or a few years if I wanted and since the HELOC is the lowest rate available on loans it seems like the best way. I just dont have the cash on hand to pay in full for a 4-wheeler on hand atm obviously, so is this a smart move to make if its something for just fun? And once the 4-wheeler is paid off if my wife and I want to go on a trip we use the HELOC and again pay that back over a year or two? Is this bad practice?  <response>: Yes taking out loans and paying interest for fun things you cant otherwise afford is a terrible idea. 