Nowadays young people over 80 have credit cards. I personally think that having a credit card is not a good thing. First of all, after having a credit card, everyone seems to have a way out before making some decisions. For example, when I was in school, there was no credit card, so when we wanted to satisfy some of our own ideas, we needed to borrow money from others, because There are some restrictions, so if you don’t do some things or things, you can save a lot of money.

But after having a credit card, everyone can spend money without any scruples. Credit cards were applied for one after another until it finally turned into a snowball, getting bigger and bigger. Regarding this kind of behavior of tearing down the east wall to pay for the west wall, I personally think that the best way is to stop borrowing and take a closer look. What interest rate do you need to repay each month?

If the hole is not huge yet and you are unable to repay it, and you and your family take the initiative to admit your mistake and ask your family to fill the hole, we need to know that the longer you wait, the more interest you will owe. The more you borrow, the more interest you pay in the end. I have a good friend who just didn’t plan to borrow money. In the end, he owed hundreds of thousands in credit loans. Even if all his salary was used to repay the loan every month, he could barely pay back the interest, which is the minimum repayment amount.

So I advise everyone to be comfortable when spending money, and to think about how to repay it. Of course, some people think that if you don’t repay it to the bank, no one will catch you, but once you become a Lao Lai will have a huge change in your life. You will name a dishonest person, which will have a great impact not only on you but also on your family.