In fact, if you want to owe more and more on your credit card until the hole in your card gets bigger and bigger, there are several ways to get out of it: The first one: achieve high income and pay off the debt in one go. The root cause of the disease must be found. Because a person's financial conditions are very limited, he will think of getting money through various channels such as credit cards, Huabei, borrowing, online business loans, etc., and then use it to supplement his own living expenses, resulting in This road has become a habit. When you have no money, you have to borrow money to spend. As time goes by, more and more holes become bigger and bigger, and your credit is stained. So the way to solve this problem is to make yourself rich. If you have money to spend, you will not want to borrow money to spend it. How do you make yourself have money to spend? There are two ways to do it, make money by investing money to make money, or make money through your own labor and ability. For example, you can invest in industry, start a small business, open a store, change jobs, etc. to increase your income. Only by increasing your income will all problems be solved.
Credit card debt is like a snowball, growing more and more. Sometimes late payment fees, interest, etc. will be levied on overdue credit cards, further aggravating the debt.
At that time, I thought that escaping was not an option. You couldn’t escape the credit card money. You couldn’t wait until the bank came to your door before trying to solve the problem. That would be very passive.
As a last resort, I chose to face these debts head-on. I found a time to sit down at my desk, carefully analyze my debt situation, and figure out how much I owed, so that I could set good goals. Planned repayment.
If there are more and more credit cards, it is first caused by your low income. You can find your own income and gradually increase your income. You can borrow money from your relatives and friends. The second aspect is to increase our financial income, whether it is our basic salary or our side business, increasing investment income, increasing income is only the fastest way to solve the problem, but it is basically a fantasy.
In addition, debts continue to snowball at present. Most of the reasons are due to the inability to control one's consumption. No matter what one buys, installments are incurred, so the debt capacity is getting bigger and bigger, and it is difficult to repay. The ability is getting weaker and weaker, so if you want to escape from this life of being a slave or even in debt, you will have to cut yourself off, whether it is borrowing or even spending in advance, so that you can restrain yourself in the short term. I think I have to restrain myself from gradually repaying the loan in the future, and slowly get out of this deep hole.