Perhaps most people’s first impression is that going to the bank for a loan is a liability. They feel that they are debt-free and feel that spending their own money is the most practical thing. In fact, this way of thinking is also a way of thinking among many ordinary people.
Loans are considered liabilities, but liabilities are also divided into good liabilities and non-good liabilities. Debt that can bring income is benign, and vice versa is not benign. For example, if you borrow money for consumption, to buy luxury goods, or to satisfy yourself in advance, then your borrowing is the beginning of digging a hole.
What are the benefits of a loan to a person?
The biggest difference between people lies in their different ways of thinking. The difference between rich and poor lies in their brains.
The rich are better at borrowing money to lay eggs and using other people's money to create their own wealth. Most of the companies listed by Forbes are highly indebted.
A rich man’s personal assets may not be fully spent in eight lifetimes, but his corporate liabilities may not be fully repaid in ten lifetimes, but these do not affect people’s ability to become rich.
Many ordinary people save money in banks, but who uses the money? These questions are worth thinking about. Once you figure it out, your money-making, Ren and Du channels may be opened up.
Every time I see this picture, I want to slap myself in the face. This also shows that I do not have the way of thinking of the rich. This picture can vividly illustrate the problem.
I am located in Luoyang, Henan, a third-tier city. 17 years ago, the house price was below 5,500. I also went to look at houses. With a down payment of less than 50,000 and a monthly payment of less than 2,000, I could buy a 50-square-meter apartment. For a small apartment, I had 100,000 yuan in hand at the time, which I invested in the stock market. Later, I lost all my money in the 2015 stock market crash, and my client bought a small apartment with 50,000 yuan. Now the market value of this house is more than 500,000 yuan. The original funds were only 50,000 principal and 170,000 liabilities. This was asset appreciation.
Many people only take out loans when they feel they are short of money. Especially when doing business, they use their own money first. When their own funds are exhausted and their credit cards are drained, they hurriedly go to the bank for a loan. , Banks like to add icing on the cake, and will not do anything to provide help in times of need. At this time, you can only be forced to borrow loan sharks and eventually be crushed to death by the interest. This kind of thing happens every day. If the way of thinking does not change, it will be the same in the future.
What is the correct approach? If you need to invest 500,000 to start a business, you can also take out 500,000. At this time, you should use 100,000 of your own funds and then borrow 400,000 from the bank to invest. If the business is good, everything will be easy. If you lose money, , what you lose is your own 100,000 and the bank's 400,000. You can repay the 400,000 bank loan in two or three years, not to mention you still have 400,000 of your own funds and the capital to make a comeback.
A company will not die if it lacks technology and people, but it will really die if its cash flow is cut off.
If you have real estate and securities, if they cannot be liquidated, they actually have no value at all.
Smart businessmen will mortgage their assets and reinvest the low-interest loans.
Ordinary people do not dare to mortgage their houses, not only due to fear of risk and uncertainty, but also due to limitations in their way of thinking.
The impact of loans on you all depends on how you open it. Water can carry or capsize a boat. It can push you to the top of success or pull you into the abyss of failure.
I am a banker and hope to be of help to you. I also provide professional services for bosses who need cash flow.