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How to start a business with debt

Hundreds of thousands is not a small amount

1 First sort out the credit card bill and pay off the installment payment of the credit card. It takes 1 year. Remember, no more installments. This is the most difficult.

2. Keep the monthly credit card repayment cost at 2,000 yuan, and then you must earn 5,000 yuan per month. Then you can repay 2,000 yuan per month. What? You still have to eat and drink, so save it. If you want to eat and drink well, you need to work overtime every day.

3 As you repay the loan, the bank will definitely see changes in your finances, and good luck will follow. The quota is raised, just pick up some wool. Credit cards are definitely a good thing, and you can make money if you use them well.

4 I won’t talk about increasing income.

As an aside, there are many reasons for being in debt, but becoming a wealthy person depends on correct financial concepts. The simplest truth is that your monthly income must be higher than your debts in order for you to survive. If your monthly income is less than your debt, you are getting closer to death.