If you refine it again, there are the following.

1. Real estate

In the past few years, paper money has surpassed the real estate sector. Among household assets, real estate accounts for 77%, and other financial assets account for 23%. This means that residents have already spent money to buy a house. In order to buy a house, low-and middle-income people have to empty a lot of wallets and inevitably have to bear debts.

2. Car loan

The growth rate of cars is exploding every year. In many rural areas, you can see many cars. Many people must find ways to buy their own cars to face their own face. Now, not to mention bank loans or other loans, loans can be repaid in installments. Besides, there are many electronic products. In shopping malls or shopping malls, various lending products have been launched for the moonlight clan or those who have no money to borrow directly.

3. Online loans, cash loans

Many students took part in the overdraft life and spent a lot of money. I am embarrassed to borrow money from my family. Online lending gave them the opportunity to borrow money. I can't tear down the Western Wall, fill it in and make myself heavily in debt. Finally, parents will help. In recent years, more and more people are in debt. This is mainly because more and more channels can borrow money. Many people don't understand some basic knowledge of lending, and slowly fall into the lending trap and blindly consume lending.

College students and young people who have just entered the workplace have not realized the dangers. They don't control their consumption, and they don't know how to live within their ability, so that they can enjoy a better life and overdraw their debts.

If no one is willing to lend, where is the debt? Some people say that debt is the embodiment of a person's ability. Is it true?/You don't say. Appropriate debt is conducive to promoting consumption. Too much debt will lead to social unrest and financial system crisis.

So the reason why many people are not in debt is simple. They don't want to buy a house and get rich. They just want to be rich.