Borrowing makes sense if it helps you acquire something that boosts your net worthNet worth The value of all your assets, less what you owe.+ read full definition. But over time, paying back debtDebt Money that you have borrowed. You must repay the loan, with interest, by a set date.+ read full definition takes away from your ability to save – even when interest rates are low. Use the Pay off credit cards and debt calculator to figure out how to get debt-free sooner.