If someone were re-financing his house and decided to take out some extra cash to pay for hobbying, would that be wrong?

What kind of house? EOM. Bob.

Let's just say if anyone - man or woman - is over-stretching themselves financially to persure any hobby then it doesn't sound like a good idea.  

If they are taking out a bit of extra money purely for fun then I don't see why spending it on seeing providers is any different to spending it on anything else which is fun

house?

Man, you got your priorities bass-ackwards.  EOM.  Bob

If you can't afford to hobby without going into debt you should not hobby at all. Make sure you pay your bills, investments, etc first before you hobby.

A general rule of thumb you don't hobby until after you hit the social security max. You should hit the max in the middle of the year. If not you don't have to income to be able to hobby.

There is alot of free porn out there on sites and binary newsgroups. You can use that to get a good release until your income level gets to the proper level to hobby.

I think it's questionable to use credit to purchase any luxury item.  But, if you decide to go ahead, have a plan on how you will pay it back.

Don't use equity.

Better to clean out your garage and sell all the crap on Ebay! Then pay the providers on Paypal.

Americans these days carry more debt now than ever before, but who's to say what you can or can't put on your credit card. But unless you're doing it to rack up frequent flyer miles or bonus points, just pay as you go. If you're popping for a one-time thing with the high-priced provider of your dreams, I might actually see a rationalization, but don't let your penis ruin your Fico score or lose you you're house.

If you're cashing in equity to P4P, then you really need to ask yourself if the P is worth paying for it over the next 15 to 30 years.  Even with the tax write off's, it's probably a bad decision.