Adam Nash, the CEO and co-founder of Daffy, a not-for-profit community built around a modern platform for giving, has shared his insights on when it is good to take on personal debt. According to Nash, debt should not be viewed as inherently good or bad, but rather as a powerful and sometimes dangerous financial tool. He suggests that taking on personal debt can be beneficial when it is used sparingly and to subsidize an investment that will increase in value over time, such as a mortgage for a house or student loans for education. However, he warns against using credit cards to buy things that one cannot afford today, as this is how most people get into trouble with debt. Nash's expertise in personal finance, combined with his role at Daffy, makes him a valuable resource for those looking to manage their finances effectively while also giving back to their community. Daffy, the Donor Advised Fund for You™, simplifies giving by allowing users to easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place. With Daffy, you can manage your personal finances and charitable giving in a way that aligns with your financial goals and values. Plus, Daffy waives all membership fees for members with less than $100 in their fund, making it an accessible option for everyone. So why not get started today for free and make the most of your personal finances with Daffy?