In fact, for friends who are heavily in debt, I want to give you some advice:

1. Dispose of all assets with no room for appreciation.

Too much debt will affect the overall wealth appreciation. The assets purchased are actually liabilities, and the monthly income slips away without overheating in the account. Therefore, when you have too much debt, you must first find a way to reduce it.

2. Open source: ensure the main business while developing sideline business.

While doing your job well, you can improve your ability and perform better in your work, and then you can be promoted and raised. In addition, you can develop a sideline and give full play to your talents outside of work, for example, to see if it is possible to make money in your personal interests.

The essence of open source is to increase your income, reduce the asset-liability ratio and improve the quality of life.

3. Make financial management a habit

Investment and financial management has nothing to do with your economic situation, so you must leave some money for your own investment, fixed investment by the fund, or fixed-income products.

Let's take a look at the fixed-income products invested by 500 yuan with an annualized rate of return of 6% every month. /kloc-How much money will there be in 0/0 years?

/kloc-there will be 8w+ in 0/0 years. If time is prolonged or some high-risk fund products are selected, income and wealth growth will become higher and faster.