Debts are like children: the smaller they are the more noise they make
The small debts you find yourself in are the most nagging yet less beneficial to you. Before you go into debt, make sure you take the time to really ask yourself why you are borrowing the money. Will it add value to you? Is it a proper investment with high returns? A friend of mine told me the other day, its actually not bad owing someone but you have to ask yourself, is this a good or a bad debt.