There are three important pitfalls that we need to pay attention to in our future lives. If you're over forty years old and haven't taken the advice I'm going to say today seriously, you could face serious financial hardship in the future. It's not just a matter of losing a car or a house, it's about potentially becoming nothing. Now there are 780 million debtors in the country, and it is possible that you will be included in the future.
First of all, don't borrow money. Whoever borrows money from you, don't borrow it. It's easy to borrow money to get out, but it's hard to get it back. Many times, the person who borrowed money has already made up their minds not to pay it back when they borrow money from you. They may feel that your money is easy to earn and therefore does not need to be returned. Therefore, do not lend money to others easily, especially those who are unable to repay.
Secondly, do not swell in recent years. The current economic situation is not good, and it will not pick up anytime soon. We need to be prepared for a long winter. If you have a job, don't jump ship easily, because it may not be easy to find a job now. People who do business should not compare with before, it is good to be able to make some money now. Don't always look at the big influencers, they are just a few, and most of them are not as good as you. It's impossible to get rich overnight, but overnight thunderstorms can easily happen. No matter what business you do, you need to consider the costs and risks.
Finally, develop the Xi of saving. We all know that it's easier to spend than to earn, but no one tells us that saving money is more important than spending it. It has become difficult to earn money nowadays, and capital will use various consumption concepts to ** us to spend money. The real rich are very picky, they don't spend money easily, but live on a budget. Instead of wasting money for the sake of face, they will focus on the actual quality of life. We need to learn from Xi of their practices, develop the habit of saving Xi, and not lose money for the sake of face.
Those are my three pieces of advice today. If you take them seriously, you can avoid financial hardship in the future. We need to be cautious about money and financial matters and not easily trust other people's promises and **. It is only through careful budgeting and savings that we will be able to achieve financial freedom and a stable life.