Offer your thoughts or opinion on the input financial query or topic using your financial background.

What's “wrong” with taking money from your own business?
I'm no expert on this, but I would say that, if you own the business entirely yourself, there is nothing terribly wrong with using it for your own purposes as you would any other asset that you own.  What is wrong is not keeping accurate records that distinguish between your money and the business's.  As you say, this is wrong strategically, but it can also be dangerous legally, because if you mix your money and the business's money and don't keep track, you could find, for instance, that you've failed to pay the taxes you were supposed to. There is also a concern that might not fall under what people refer to as "ethics" but more "good corporate citizenship".  Basically, people tend not to like companies that just shovel all their gains into the owners' pockets.  This is especially true if there are ways the money could be used to improve the business.  In other words, if you're able to live high on the hog with the profits while paying all your employees a pittance, the public may not look favorably on your business.