BH!My view is that you should borrow to buy your house and...

BH!

My view is that you should borrow to buy your house and that's about it.There is also a reasonable argument for borrowing to invest in shares/property as well, but this does not fit with my risk appetite.

If you want a car, boat, holiday or any of the junk that Harvey Norman etc give to you on interest free terms, then you should save up and pay for it. By the time you have saved up for it, you'll probably find you no longer want it and then you can use the money for something good instead (STO shares IMO). Reality is banks stuffing credit down everyone throats has got us into this mess - it really is not a good idea for consumer goods. If you have to borrow you can't afford it.

Disclosure, I actually do have a credit card, but make sure it is paid off each month.