I agree with this point of view, but the meaning of "borrowing money" here may be different from the "borrowing money" we understand in daily life.

Borrow money the way rich people do, and you will become richer and richer. And if you borrow money as a poor person, you will become poorer and poorer. Specifically:

1. Poor people borrow money

A. Emergency borrowing: Many people borrow money because their lives are tight or they need funds for emergencies. This kind of "borrowing" "Money" is a poor man's way of borrowing money, and it is likely that no one is willing to lend money to others in this way. This is because such borrowers may have problems with their repayment ability and are prone to borrowing money but not getting it back. This kind of borrowing money is a headache for both the borrower and the person being borrowed, and should be avoided as much as possible. The best way is to plan your financial expenses well, leave enough margin, and minimize this situation as much as possible.

B. Pre-consumption borrowing: Many people cannot restrain their desire to consume and earn less than they spend. They borrow some online loans and small loans in order to consume things beyond their ability. Loans, credit card overdrafts, etc. This kind of borrowing seriously damages your financial balance and will eventually turn into a snowball, with more and more debts and eventually bankruptcy. This is a suicidal borrowing method in which the more you borrow, the poorer you become.

2. Rich people’s style borrowing

Rich people’s style borrowing is called “financing” in our financial field. This type of borrowing is to maximize the use of financial leverage for business operations. Capital operation, using small amounts to make big gains, is conducive to the rapid expansion of wealth.

To give you the simplest example: 10 years ago, you had a principal of 1 million. You used this money as a down payment to buy a house worth 3 million, and borrowed 2 million from the bank. Your net worth It's 1 million. After 10 years, the value of your house has increased to 8 million, your loan amount is still 1 million, and your net worth has become 7 million. In other words, your net worth has increased by 6 million because of the loan to buy a house. If you didn’t take out a loan of 2 million 10 years ago, you wouldn’t be able to earn the extra 6 million in appreciation.

Many businessmen have suitable projects in their hands. As long as the return on investment of the project is greater than the loan interest rate, the reasonable way is to choose loans to expand the scale and use financial leverage to accelerate their wealth accumulation process. The wealth of wealthy people is "integrated with investment and financing, and unified management of assets and liabilities." Borrowing in this sense is an effective way of wealth management.

The person who said this must be a loan person.

Wang Jianlin has a debt of 400 billion

Luo Yonghao has a debt of 300 million.

Liu Qiang’s debt exceeds 100 billion.

Jack Ma said that those with zero debt are basically diaosi.

Hmm... It seems that rich people really have a lot of debts...

But at the same time, I also know that many businesses have failed and are heavily in debt, and even their families have lost money during the New Year. People who dare not return.

They have a harder time than anyone else, because they can't afford the money and are on the list of old people.

Little A, who has a debt of more than 10 million yuan, said: Walking on the street now, I feel that all the beggars are happier than me.

Why do some people say that if you don’t know how to borrow money, you can’t become rich?

If you want to become rich, apart from winning the lottery and being demolished, the only way left is to start a business. Anyway, you can’t become rich by working.

Don’t tell me there is another way to invest. Borrow money to invest? A few days ago, I met someone who borrowed money to speculate in the stock market. He made me laugh for a while...

Starting a business requires costs. What should I do if I don’t have enough money? Borrow money and finance.

There is a difference between borrowing money and financing. Legally speaking, borrowing money must be repaid, but if you lose money in financing, you do not need to repay it.

In the past, when competition was not fierce, many people were bold and borrowed money to get their first pot of gold, start business, make money, and become rich.

But now, competition in all walks of life has become fierce. According to statistics, less than 10% of start-up companies can survive the first year

The risk of starting a business is already very high, regardless of Whether you use your own money to start a business or use other people's money to start a business, there is a high probability of failure.

Financing is okay, at least legally, you don’t have to pay it back. If you borrow money, it will be miserable. If you search for “debt” on the Internet, you will hear howls.

Look at the new Internet companies now, they are all very smart and they all rely on financing to survive.

So, if you are smart, you know not to borrow money, but to raise funds.

But investors are not fools. If you are not good enough, you will not be able to raise funds.

If you want to be rich, you have to do business. Doing business requires money. If you don’t have money, you can’t borrow money, and you can’t get financing. So what should you do?

Does starting a business really need money?

Today's business environment has undergone qualitative changes. In the past, it was goods, places, and people. If you want to do business, you need to have a store and goods.

But now, business has become a matter of people, places, and goods. People come first. As long as there are people, anything can be sold.

Especially in the current mobile Internet era, there are many people who start from scratch.

For example, the cost of various Internet celebrities is only a mobile phone and a computer. They first attract fans through the Internet, and after they have fans, they sell things to make money.

Don’t say people have teams. Many people don’t have a team when they first start.

I’m not saying that you must be an Internet celebrity, but you must have the mindset of “people first, goods second”.

Don’t be stupid anymore. When you get excited, you see a project and invest a lot of money in it without saying a word, only to find out that the thing can’t be sold at all and you still owe a huge debt.

What makes rich people great is not that they borrow a lot of money, but that they have a strong ability to control money.

Big bosses can have hundreds of billions in debt, but if they can control it and know how to use the money, they can make more money.

You are in debt, can you control it?

Don’t look at other people’s debt and make money, just go into debt. Specific issues must be analyzed in detail.

Teacher Jiang’s point of view: Debt may not necessarily make a rich person, but a rich person must have reasonable debt.

American credit card king Walter has 1,497 credit cards with a credit limit of up to 1.7 million US dollars. He also set a world record and won the title of "Mr. Magic Plastic".

His actions, even in this new China that can tolerate and accept everything, some people may still think that he is crazy, and he is completely crazy.

Is he crazy? On the contrary, he is smart. For decades, Walter's credit history remained perfect, never late. Do you know why? Because he only uses one card every month and will definitely pay it off before the end of the month. This is how he makes money, his risk control.

Is he considered a rich man? 1,497 credit cards, with a total limit of US$1.7 million, equivalent to 12 million yuan, and they are all cash flow. There is no doubt that he is a giant in action and thought, and has reached the level of proficiency in foreseeable risk assessment and control.

So what can these 12 million be used for? I probably don’t need to say this at all. Invest in something, open a store, make a regular investment, and put the money in Yu'e Bao. If you just lie down every day, you can get over 100,000 yuan in interest every month, so why not do it.

The above is just an example for everyone to read. We do not support or recommend you to apply for too many credit cards. Acting within your capabilities is also part of risk control.

There is a sentence in "Rich Dad Poor Dad" that is very well written: "The rich get assets, while the poor and the middle class get debts, but they think those are assets."

As the title says, "borrowing money" can be understood more as using money to make money, so what are assets, what are liabilities, what are liabilities caused by assets, and what are transformed by liabilities? I hope everyone will think carefully about these issues.

This is the main difference between the so-called "rich" and "poor". What we have to do is to first change our inherent inertial thinking, understand and use the principle of leverage to realize "money begets money", thinking If you change, your class, circle, and capital will definitely move up a big ladder, and you will never be down.

I don’t think debt is scary. What’s scary is that I don’t even have the courage to go into debt. Because I didn’t have debt when I was young, I have never been rich. To be honest, I didn’t realize debt until I was middle-aged. Arrived. Next, I supported my daughter’s debt.

The difference between high-income and low-income people today is that low-income people win completely because they are not in debt. Now let’s talk about the debt story of my brother, sister and I.

My brother and sister-in-law came to Shanghai earlier than I did. They still work in the same company and their wages are not high even now. My sister-in-law’s income is still higher than that of my brother, but the maximum for two people a year is only The annual income of 150,000 yuan has been slowly rising, but in our situation, our annual household income has been over 100,000 yuan for many years. My brother has two daughters, and I have only one daughter. I bought the house first because I made more money at that time, so I had enough money to buy a house. After I bought the house, my brother and sister-in-law were also anxious. At that time, in order for my two children to study and settle down in Shanghai, I went to the suburbs and bought my first house. At that time, houses in the suburbs were really cheap. No one would believe it. What's more, my brother and sister-in-law went out to borrow money when they didn't have enough money. After paying in full, they applied for a blue-print household registration for their eldest niece. Later, they immediately went to buy a house further away for the purpose of applying for a household registration. Most of the money was spent on it. It was put together by brothers and sisters.

We were all still young at that time. After my brother and the others had completed their children’s household registration, they sold their house in the suburbs a few years later, and the price increased many times. Then I went to the city to pay a down payment for a more expensive house and took out all the remaining loans. I did this for both houses. I sold them one after another and bought two in the same community. Obviously, I relied on debt to be able to change from the suburbs to the city. However, I live in a house in the city and don't owe a penny on the loan. In this way, I missed the best opportunity to buy a second house. So far, I own a house without any debt.

With no debts, my only asset is a house. This house is really real estate. It has become an immovable asset for me, because it is just a house that I just need to live in. I can’t do anything about it. It brings benefits to oneself, but also expenses, such as all the expenses of living in it.

Let’s look at my brother’s sister-in-law’s repurchase of assets due to debt, and converted two apartments in a remote suburb into two apartments in the city. The cost of the two apartments in the suburbs was 200,000 yuan. That’s right, in 2000 At that time, it was really worth about 200,000 yuan for two houses. The price was low at first, and then because I had to apply for a blue-printed household registration, I couldn’t get a loan. At that time, most of the money was borrowed from my brothers and sisters. Many years later, the prices of the houses there also increased, so when they sold them, they had to pay the down payment in the urban area. In this way, my brother and sister-in-law replaced two houses at different times when there was no purchase restriction, and they achieved the assets they have today. At that time, I bought one set for more than 1 million and another for more than 2 million. Now the first set is worth 3.8 million and the second is worth more than 4 million. The assets have increased several times in one go. . .

Without debt, my brother would not be able to afford two houses in the city, so debt allows them to enjoy the appreciation of property value. Liabilities doubled their assets. But I, a person who claims to be good at managing money, don’t go into debt, and then my assets have no chance to grow. Although the price of the apartment I live in has also increased, no matter how much it goes up, it seems to have nothing to do with me, and I can’t sell it. Okay...I just want to explain that liabilities can often be used to increase the value of assets.

If you don’t know how to borrow money, you will never become a rich man. What we mean is “making money with money” and making money by “adding leverage”. From the perspective of the essence of wealth, those who manage “money” Business is the most profitable business.

Why don’t most people “borrow” money to get rich? Because first, banks will not lend to you without conditions, because your credit is low, because you have no current flow to support the bank in lending to you, and because you have no assets to pledge. From these main aspects, it does not have the conditions and capabilities for bank loans.

From the perspective of people who have these abilities but dare not borrow money, they only see risks and not opportunities. This is because everyone’s structure and level are different, and they have different access to information. The levels are different. For example, when buying a house, most people see the same thing: "House prices are too expensive." From the perspective of "House prices are too expensive," this problem will always exist. The only difference is what is the essential reason for "too expensive"? Will it be "more expensive" in the future? People who see the latter will take out loans to buy a house, or even multiple houses, as long as they meet the conditions. Those who see the former may not even buy their own home or cannot afford it.

From the perspective of a businessman, "money" cannot stay in the account, but should be used to "make money", that is, "money must beget money." Even if you don’t have enough money, you have to borrow money to make money. From the perspective of ordinary people, "money" is "hard-earned money" and cannot be spent indiscriminately. To "save up". As a result, the "businessmen's" money is accelerating the turnover rate and is borrowing money to lay eggs, while the people's money is depreciating while lying in the bank "earning interest".

From the perspective of currency purchasing power, money will always depreciate. Judging from the fact that 1 million ten years ago will only be worth 460,000 ten years later, the only way is to "borrow money" and speed up the turnover. To outperform depreciation and inflation. In contrast to the "borrower", not only did he escape "devaluation", but he also "borrowed" money and earned depreciated money from the depreciation.

Therefore, people who cannot "borrow money" will never become rich. From the above perspective, it is completely correct. Especially in the long-term "negative interest rates" caused by "inflation" and "devaluation" (relative to nominal interest rates), the "poor" deposits "lend" money to the rich to make money. If things go on like this, how can the gap between the rich and the poor not be reduced? Continue to expand?

I have a relative who used to farm in the countryside. Later, a friend asked him to contract a fish pond. At that time, he borrowed about 40,000 yuan from a relative, and together with his friend, he and his 100,000 yuan contracted a 2,000-yuan fish pond. The total annual income from a square meter fish pond is more than 200,000 yuan. My relative can get about 100,000 yuan every year. You must know that this was in 2000. Later, my relative wanted to invest in the project. But he needed one or two million, and he didn’t have that much money. Later, he asked relatives and friends to get a house mortgage loan. At that time, he went to the bank to borrow more than 1 million. Later, he earned a lot of money from doing projects. Now my relatives have opened It’s a 500,000 car, and I bought two houses in the city.

My relative is a typical self-made man. He has no money, but he has the courage to ask relatives and friends to borrow money. It was just a meal for a relative. After making money, I didn’t give red envelopes or interest to relatives who borrowed money. Several relatives all mortgaged about 200,000 yuan. This was not a small amount of money 10 years ago, and it is not considered a small amount even now. Small money.

In fact, many people don’t dare to borrow money like my relatives. They feel that they owe others a favor by borrowing other people’s money. Even if there are better investment projects in front of them, they will not borrow money unless they own their own money. Sufficient savings is one of the main reasons why most people are mediocre. Of course, this is not a bad thing. After all, only a small number of people can truly succeed. Investments are also risky. Once you can't save enough, you will be miserable.

My uncle used to be in the stewed vegetable business, and he could earn more than 100,000 yuan a year. Later, he went to work on a project with a friend, but the money was never recovered, so he borrowed 40 to 50 yuan from the bank. Ten thousand, a total loss of seven to eight hundred thousand, and later I had to sell the house to repay the loan. If the loss had not been stopped in time, I would have lost even more. Now I have stopped doing the braised vegetable business. Now I have found a job in the factory that costs four to five thousand. work to make a living.

How should I put it? If you want to be rich, you really need to know how to borrow money in certain environments. A classmate of mine worked in a company. At that time, the company was profitable but lacked funds to develop, so he encouraged the employees. For investment, my classmate borrowed 100,000 yuan from his parents to invest. Now the company’s sales have increased from the previous annual sales of 5 to 6 million to the current annual sales of 20 to 30 million. In addition to his salary every year, my classmate In addition, you can also get a dividend of more than 100,000, which is in a third- and fourth-tier city.

That’s not entirely true, but Li’er is indeed like this...

I have friends with assets ranging from 10,000 to 100 million. However, except for Except for the so-called rich second generation, everyone else first accumulates a certain amount of assets before gradually becoming rich. The process of accumulating assets does not happen to anyone in the sky. They all go through it step by step.

The same is true for the rich. Looking at the first batch of people who became rich after the reform and opening up, which one did not go a long way to achieve this? In the 1990s, Ren Zhengfei was over 40 years old, and Huawei was almost on the verge of failure. But look at Huawei now, it has become a well-deserved technology leader in the country.

But if a company wants to develop, is it enough to rely on the hundreds of thousands it has accumulated? There are huge differences in different industries. To give you the simplest example, a friend of mine partnered with two people to open a coffee shop covering an area of ??over 1,000 square meters. The initial investment was more than 3 million. As a result, after two years of operation, there were monthly losses. After more than 100,000, I finally couldn’t hold on any longer.

What does this mean? This shows that there is a problem with the operation of this coffee shop, because it was profitable in the first year and lost money in the next two years. This coffee shop did not have any financing activities. If they use a coffee shop worth 3 million to finance, it will last another one or two In 2008, it was not difficult to improve the management of the store and bring it back to life. However, it had no money to continue running the store. Later, someone else took over the store and opened a hot pot restaurant. The business has been booming for two years and the cost has been recovered long ago.

It is too difficult to become stronger and bigger purely by relying on the assets accumulated by oneself. Without the support of funds, whether it is a business or a coffee shop, it will be difficult to sustain it. Any enterprise may encounter difficulties. When you encounter staged difficulties, if you don’t know how to raise funds, it will be a matter of time before you are swallowed up or collapsed.

What is cash flow? That is cash that is constantly circulating, which can be income from company operations or income from financing and borrowing. As long as there is normal cash flow, it can create profits for you to a large extent. The loan interest rate of 4.9% a year is not that high. In fact, for ordinary people, it is not a question of whether to borrow money, but that there is no place to borrow money at all. The so-called law of the rich is to lend out the money that the poor have in the bank to generate more cash flow and create more money for themselves. In other words, banks collect the money of many poor people and hand it over to the rich through resource integration. Do you think the rich are really that rich? He may have assets of 100 billion but liabilities of 150 billion, but he can buy whatever he wants, and the poor can only watch others play...

There is a saying that "the rich borrow from the bank" Money is invested, and the poor save money from the bank to preserve its value”! This sentence has fully demonstrated that you will never become a rich person if you don’t borrow money. In fact, this sentence tells everyone a big truth. You must learn to invest and learn how to make money, so that you can become a rich person. , let me talk about my personal opinion below.

First of all, I would like to share with you a practical example. In 2005, my uncle spent hundreds of thousands to buy a house in Shenzhen, and then sold the house a few years later, and then sold the house. Pay a down payment with the money you get from selling a house, and then buy a bigger house; then wait for the appreciation in value, and then sell the house; buy this house and then sell it after the appreciation. It is better to buy a bigger house with a down payment. The houses are being speculated in a cycle like this. As of now, the real estate assets have exceeded 10 million. They are buying and selling them one by one, making money for themselves with the help of bank money.

Through the case of my uncle’s real estate speculation, he went from a few hundred thousand yuan to a wealthy man with tens of millions of assets in just a dozen years; this example can illustrate two major truths:

First: The power of money to make money is very powerful, and it is a way to earn more wealth for funds;

Second: If the poor want to become rich, People must learn to borrow money to invest, so that they can truly become rich;

For example:

Suppose two people have a principal of 100,000 at the same time. A person deposits this 100,000 yuan in the bank, and the annual interest rate is 4%. After one year, he will have 4,000 yuan in interest. He feels that it is a good deal, and then he goes to work to earn a salary. But another person took out 100,000 yuan of his own, and then borrowed another 100,000 yuan from the bank. With a total of 200,000 yuan of principal, he took over an express delivery contracting area; 10 years later, these two people were the perfect match. The difference is that the person who chooses to deposit only has less than 500,000 in deposits, while the other person has assets as high as more than 3 million. With the same starting capital, one is saving money and the other is borrowing money. The final asset difference between them is very large. This is real life.

In short, the real reason why the gap between the rich and the poor in this society is so big is that the poor keep their money in the bank to earn interest in order to preserve value; while the real rich study investment and study which projects can make big money. , as long as I have money, I will use it to invest in various investments, and make money for myself with the help of bank money.

Therefore, the law of the rich does not "borrow money", and you will never become a rich man. This sentence is very reasonable. This is also a real shortcut to many ordinary people who want to become rich. Shortest way.

Let’s first look at how ordinary people can become rich?

So if you don’t know how to borrow money, you may not be able to become a rich person!

Above all, there are still many choices. You can become rich without borrowing money!

So what really makes you rich is not borrowing money, but learning to use capital, start a business and invest, plus a little good luck!

But when you don’t know how to use capital and don’t have the strength, study hard, work hard, and invest your time in things that can make you better!

Opportunity always favors those who are prepared!

Life is like a box of chocolates, the results are often unexpected.

Sometimes a little luck can make you rich.

Rich people must not only need to borrow money!

Nothing is absolute. We have worked in the credit industry for many years and have seen all kinds of people. We have seen some people who have never borrowed money, but they are also very rich and their business operations are very stable. ; We have also seen that some people borrowed money to invest, and then quickly gained wealth; we have also seen that many people borrowed money and then failed to invest, resulting in heavy debts.

So there is no fixed standard for whether you need to borrow money to become rich. The key depends on your personal abilities, opportunities, and skills in controlling funds.

For example, Tao Bihua, the famous founder of Laoganma, her business philosophy is not to sell on credit, not to borrow money, and not to take out loans. However, Laoganma is still developing very well, although it has been difficult in recent years. How about it, but it doesn't prevent her from becoming a rich person.

Another example is the world-famous stock god Buffett. He rarely borrows money. He once said that he would never borrow money even if he only had 10,000 yuan. Buffett's reason for not borrowing money is simple. He believes that if you are smart enough, you don't need to raise money. If you are not smart enough, then you shouldn't raise money.

There are actually many people like Buffett. After many people have the ability and skills, they do not need to borrow money at all. Instead, they continue to use their own money to make money, and slowly use the power of compound interest to make money. Your wealth increases and you eventually become a rich man.

Therefore, borrowing money is not necessarily related to wealth. Many people always encourage others to borrow money to invest so that they can get rid of poverty and create wealth. In fact, this is a kind of bias. You must have a purpose when borrowing money. If you can ensure that borrowing the money can generate more income, borrowing money can indeed bring you a steady stream of wealth. For example, in many companies nowadays, even if they are rich themselves, they will still Borrow a loan or obtain financing from other sources to expand the project.

And the reason why they dare to borrow money is because they are sure of the project. For example, in the past few years, when my country's property market was relatively active, as long as the house was launched, it would definitely be sold. Therefore, developers used leverage to develop projects. They only had 25% of the funds, and then borrowed 70% of the funds from banks to develop projects. .

Through this kind of leveraged development, these developers can indeed make a lot of money. For example, if a project invests 200 million yuan, the developer actually only needs to provide 50 million yuan. After buying the land and the project plan is approved, the project can then be mortgaged with the bank to obtain a loan of 150 million yuan. The annual interest rate for this 150 million yuan is about 6%. If the loan period is three years, the total interest the developer needs to pay is 27 million yuan.

But after the project is completed, the developer may sell the project for 400 million, deducting the loan principal of 150 million and the interest of 27 million, plus the 50 million start-up capital invested by him. , then in the end the developer can probably earn about 170 million, and after deducting various upfront fees, taxes and other costs, it can make a net profit of at least 100 million.

It can be seen that, under the premise that everyone is very sure about the project and ensures that it can be profitable, borrowing money from the bank is indeed a good measure, because through financial leverage, you can use very little Use the money to leverage bigger projects, thereby making more money.

But if everyone is not sure about the project or the target of investment, but blindly borrows money, then in the end the more everyone borrows, the more they will lose.

For example, the environment for small and medium-sized enterprises has not been very good in recent years. Some enterprises made mistakes in early judgment and blindly borrowed huge loans from banks. As a result, after the market changed, the projects were mass-produced but the products could not be sold. As a result, even the banks The loans cannot be repaid normally. In order to maintain the credibility of the company, these small businesses can only bite the bullet and borrow loan sharks from the private sector, thinking that borrowing loan sharks can temporarily relieve the financial pressure of the company. However, in the end, they borrow more and more, which eventually leads to the bankruptcy of the company, the boss running away, and similar things. A lot in previous years.

So what the society says is that if you don’t borrow money, you will never become rich. This is too one-sided. The premise that borrowing money can create wealth is that it can be profitable. Borrowing money that cannot be profitable is just a rogue.