Having heard about the consequences of overdue loans all day long, I am afraid that some people are afraid to take out loans. It seems that once they borrow money, they will be violently collected, leaving a stain on their credit report, and then they will be unable to get another loan.

However, the demand for loans in the market is still very large. After all, we are still some distance away from freedom of wealth. If you want to start a business without loans, I am afraid there will be no market by then.

Loans are not just bank credit and mortgage loans. In fact, credit cards are also a type of loan. In fact, many people misunderstand that loans are not terrible, but overdue ones are. If you are unwilling to take a loan, it is equivalent to rejecting the opportunity to become a rich man.

1. Only with appropriate debt can you have the motivation to make more money

Business legend Shi Yuzhu, in the process of starting a business, has always been accompanied by borrowing money and debt. In 1991, Shi Yuzhu took Hanka Software and more than a hundred employees to Zhuhai to register and establish Zhuhai Giant New Technology Company. In the same year, the sales volume of Giant Hanka jumped to the top of similar products in the country, and the company earned a net profit of more than 10 million yuan.

In 1992, the capital of Giant Group exceeded 100 million yuan. Shi Yuzhu himself was also blessed with various auras and ushered in the peak of his first career. After that, Shi Yuzhu invested another 120 million to launch Brain Gold Nutritional Products, which also made huge profits.

Under the pressure of 250 million yuan in debt and being isolated and helpless, many people thought that Shi Yuzhu was really going to collapse. However, Shi Yuzhu made a comeback with resilience that ordinary people cannot achieve. In 1998, Shi Yuzhu, who was at the end of his rope, learned that a friend had borrowed 520,000 yuan and started operating Melatonin. In 2001, Shi Yuzhu applied to register a giant company in Shanghai and requested to be listed.

On November 1, 2007, Shi Yuzhu’s Giant Network Group Co., Ltd. was listed on the New York Stock Exchange in the United States, with a total value of US$4.2 billion and a financing amount of US$1.042 billion, becoming the largest issuance in the United States. Chinese private enterprise, Shi Yuzhu’s net worth exceeds 50 billion yuan.

What we want to say here is that debt is not terrible. The most important thing is whether you have the courage to take on debt, whether you have the vision to deal with debt, and whether you have the ability to repay debt.

2. Thinking determines behavior. Why do rich people always get richer and poor people always get poorer?

The Matthew Effect refers to the phenomenon that the stronger become stronger and the weak become weaker. It is widely used in the fields of social psychology, education, finance and science. The Matthew Effect is a term commonly used by sociologists and economists. It reflects the social phenomenon of polarization, with the rich getting richer and the poor getting poorer.

There is a joke where someone asked:

"How much money does Wang Jianlin make?"

"Three generations can't spend it all."

"So how much money is owed?"

"Eight generations of people have not paid it back!"

It is conceivable that compared with the money Wang Jianlin earns, if he is overdue , the consequences are even more unimaginable. However, Mr. Wang was not like Mr. Jia (and his wife) who "suffocated their dreams", seriously overdue and blacklisted. After all, they are engaged in industry. Despite the slump and selling off many assets to cash out, Mr. Wang achieved the financial freedom that many people dream of.

(Thinking about achieving a small goal is quite exciting)

It is conceivable that the rich are keen on using loans to make money, while the poor are thinking about how to repay their debts and avoid overdue loans. This is the difference between the thinking of rich and poor people.

3. Being overdue is not scary, the scary thing is not wanting to change the status quo

If a loan can help your career, and you happen to have the qualifications for the loan and the ability to repay, then Why should you refuse a loan and the opportunity to achieve financial freedom? You must know that success cannot be imagined, and you can only get rewards by paying. Use loans to make high-risk investments.

Investment is risky, and with high-leverage investment using loans, you are interested in other people’s rate of return, and others are interested in your principal. Whether it is a loan or the money you have worked hard to save, as long as it fails In addition to being able to borrow money, you must also know how to use loans, leaving high debts and credit problems.

There is nothing terrible about being overdue. As long as you use the loan reasonably and repay your loan on time every month, you will certainly not be overdue. Even if you forget how many days you are overdue, there will be no particularly serious consequences. As long as it is not maliciously overdue, you will be fine if you pay it back as soon as possible. But refusing a loan is refusing financial freedom!