Does borrowing money ruin a person? Does borrowing money to spend really ruin young people?

Borrowing money and repaying it in time will not ruin a person, on the contrary, it will be praised for being creditworthy; And if he doesn't repay the borrowed money, he will become a liar, so that others will recognize his true face of untrustworthy, and in the end everyone will alienate him, so that he is really ruined.

Borrowing money is the easiest way to hurt feelings.

It's okay to borrow money in an emergency, but the purpose of borrowing money is not for daily expenses, but when you do something beyond your bearing, it is very dangerous, and you get deeper and deeper.

There are often such examples around us, especially those who borrow online, borrow from the owner to return to the west, but in the end they are unable to repay, and they are unwilling to communicate with relatives and friends, and finally go to extremes.

Therefore, there should be a degree of doing things at all times.

If the person who borrowed the money used the money in a bad place, it is indeed bad, and if he borrowed the money to treat the disease and save people, he can also borrow it, mainly depending on what the person who borrowed the money thinks.

As long as you lend money to a friend, it already contains the element of blockage, betting on your friendship and your friend's character. It's okay to borrow and pay it back, if you don't pay it back to you, it's more embarrassing If you urge, the other party is uncomfortable

It's not an emergency, don't lend money to someone easily.

It can be said that it is really difficult to borrow money now! Some people really can't even do friends and relatives for money disputes! Be cautious when borrowing money!

Borrowing money doesn't ruin a person's reputation.

Yes! Metropolis - ruined relations!

I don't think it's ruined. "Borrowing money to spend" depends on the starting point of this behavior. For example, a mortgage to buy a house is essentially an act of borrowing money for consumption.

From a financial point of view, it is advisable to borrow money from a bank to buy a house and then pay it in installments. First, in today's rapid economic and social development, the increase in housing prices has long exceeded the speed of currency depreciation, and the early purchase of houses in the form of loans and mortgages is not only for the needs of home purchases, but also to resist currency depreciation.

On the other hand, it is also a desirable way to "borrow money" moderately, and then use the money on hand to manage your finances and obtain higher returns than the interest rate of borrowing money. Many people use credit cards, in fact, they also take advantage of this principle. Let the credit card limit help you make reasonable purchases first, and then use the time difference of the interest-free period to "make money" with the money in hand.

The easiest way to do this is that you can use your credit card to make reasonable purchases every month, and then deposit the money in Yue Bao or other short-term financial management to generate interest.

Of course, this is also a small act of borrowing money to manage money. That is to say, if the act of "borrowing money" is to make money more valuable, then "borrowing money for consumption" is desirable to a certain extent. If it is simply for enjoyment, but "borrowing money to spend" without planning and moderation, it is an act of excessive consumption.

Nowadays, many young people have no resistance in the face of luxury goods and enjoyment supplies, but they are unable to pay, so they use loans from major platforms to consume in advance and pay in installments. It is quite irrational to be willing to pay high interest rates and enjoy what you want in advance.

So on the whole, "borrowing money to spend" is not necessarily a shameful act, nor does it ruin young people。It mainly depends on the starting point of this consumption. Young people, in particular, are not only in the stage where the concept of money is still immature, but also in the stage of self-improvement.

In this period, "borrowing money for consumption" is even more crucial. It's for others to see, it should really be spent on yourself, and you must grasp it well.

In general, the benefits of borrowing and spending outweigh the disadvantages for young people.

Is it better for young people to overspend and rely on borrowing to get by?

This question is to be viewed from two sides:

First of all, from a global point of view, is the phenomenon of personal collapse caused by borrowing and consumption a general phenomenon or an isolated case?

If there are only a few or even dozens of problems in 10,000 loans, it is normal, human nature, and it is difficult to eliminate them.

And there are some problems to have a warning effect, so that everyone can eat a trench and grow wise.

Therefore, when reporting, do not exaggerate individual cases, but should see that if most of the transactions in consumer finance are not problematic, they all solve people's needs;

It would be great to help young people, in particular, to help them address their needs for education and other investments in human capital.

Including **, regulators, must avoid exaggerating a very small number of cases, or even using this to prohibit consumer finance;

Because it would be a disservice to society as a whole, and it would make it impossible for those who really need financial support to be deprived of help.

Secondly, it should be understood that the main user of consumer finance is young people, which is in line with the laws of economics.

For the elderly and even many middle-aged people, the significance of consumer finance is not too great, and they do not need the support of these financial instruments;

Young people have a strong need to consume, and it is normal to use some financial instruments.

Seniors do not need consumer financial support because their lifetime income potential has been almost realized.

The future income potential of young people is huge, so consumer finance is aimed at young people to a considerable extent.

To some extent, the same can be said.

Because "borrowing money for consumption" greatly boosts young people's desire to consume, when they borrow money to consume, they do not take into account the problem of later repayment, and the result is that spending money is cool for a while, and repaying the money regrets it; But because the desire has been fueled, the next time they are faced with spending beyond their means, it is still difficult for them to control themselves, because the borrowed money is too easy to come by. They are only interested in enjoying instant gratification, but they still refuse to think about repaying the money in the future. In the long run, this group of uncontrollable young people will not be able to get out of the circle of borrowing money to consume - finding a way to repay (or even borrowing money to repay) - borrowing money to consume again, and all they think about every day is nothing more than pleasure, tearing down the east wall to make up for the west wall, and they will no longer have the motivation to struggle, let alone their dreams.

As more and more post-90s generations enter the workforce, young people are accustomed to adopting this "consume now, pay later" lifestyle.

Should young people spend money for the future? There are many opponents and supporters. Does the courage of young people to borrow money drive economic growth or bring financial risks?

Neighborhoods that allow usury to exist have lower crime rates, including robberies, thefts, and even couples arguing more frequently.

Communities that allow usury to exist are able to provide financial instruments such as intertemporal loans to help people tide over difficult times when they are in crisis or difficulty.

Although the cost is high, that is, the interest rate is high, it can help you get through the difficulties and prevent you from breaking the law;

There is no need to rob or steal to get life-saving money, which of course will reduce the crime rate and the husband and wife will be more harmonious.

The reason why people have a negative view of consumer finance is that there is far from enough financial literacy in China's education system

This leads to many people being very scared when they hear about consumer finance and borrowing and spending, because it seems that borrowing money to spend is bad, and it is not enough to spend the money in today's hands, but also to borrow money in the future;

It violates the financial principles of living within the means of living within one's means and being thrifty and thrifty.

Many people are worried that young people are borrowing because they feel that young people are immature and irrational. Not really. There are many theoretical supports for consumer finance, the most famous is the "permanent income hypothesis" proposed by Nobel economist Friedman, which means that a person's consumption decisions depend on his long-term and lasting income, rather than temporary income, and without violating the principle of "living within one's means" throughout the life cycle, moderate borrowing and spending is conducive to personal growth and is an "economic rational" behavior.

In a person's life, the most scarce time is when he is young, but at this time, the necessity of human capital investment is the highest (studying, schooling, accumulating experience, etc.), and the desire to consume is also the strongest, and the most need to spend money; And in old age, although they have accumulated a lifetime of wealth and have the highest income, their consumption needs are the lowest, their spending power and desire have declined, and the marginal utility of spending money has of course decreased. Consumer finance is to help people adjust the contradiction between "today's needs" and "tomorrow's income", so that young people can use their future income to achieve today's self. At present, China's young people, especially those with educational qualifications, have very high income growth potential, and they are fully capable of advancing their potential future income for consumption in advance.

To be honest, there are many young people who are accustomed to using mobile payment, but mobile payment has a disadvantage, that is, people can't see the cash flowing from hand, so they don't have the feeling of distress when spending money, and they are unconsciously generous when they spend money. According to research, mobile payments increased spending by 20 percent last year. The pull rate of mobile payment in remote areas is higher than that in cities, which shows the power of mobile payment.

Similarly, young people are more pampered in the family, accustomed to stretching out their hands in clothes, and do not know the hard work of their elders and the difficulty of earning money. These spending habits will naturally affect their consumption concepts. When the salary or living expenses cannot satisfy their desire to spend, they start to borrow money to spend.

Nowadays, it is more convenient to borrow money on the Internet, and there are many cash loan platforms, P2P platforms, Huabei, Borrowing, Baitiao and so on. They are accustomed to spending ahead of time, and they have the desire to control themselves, so that they fall deeper and deeper. Isn't it common to see reports of college students borrowing too much money and eventually committing suicide?

While such extreme cases are not universal, borrowing money for spending is common.

Although borrowing money for consumption cannot be said to have ruined a generation of young people, it has indeed caused certain problems, and it should still be taken seriously.

Learn to delay gratification. Turning back in time is the shore.

Definitely, there are such people around me, who have borrowed their friends one by one, including credit cards and online platforms, and their lives are very hard, and their friends are far away, so when you use money, you can borrow some money in moderation, you must be there.

Within the limits of your ability to repay

I have an idea that the money I borrowed never thought of getting it back, so the money I lent out must be within the scope of what I can afford, whether it is friendship or family affection, and it hurts my feelings when I talk about money. Of course, when you are really in trouble, you must help, if you really have no money to eat or are sick and lack of money, you must borrow, and under normal circumstances, it is best not to have money to deal with.

No, killing friends is the most complete way to destroy friendship.

Borrowing money is not counted, borrowing money is not repaid, it depends on the size.

There is a more thorough one, borrow money twice.

Jokes are jokes, but in fact, interests are indeed the killers of feelings.

I'm curious, what is the reason for the landlord to ask this?

If you don't repay the money, you are still good friends, wouldn't it be better if such a friend is destroyed, I often say that if you break a little money, let me know someone, won't I make money.

Of course not, digging the foot of the wall is a cow.

If you don't borrow it, it's impossible, because as long as you explain everything you want to him about your family, it's impossible. Offended,.

If you don't put. The situation explains all the family circumstances, or you have money and do not borrow and are the closest people or the best, or ordinary friends. Which is sure to offend, because everyone has a time when they are short of money.

When there are also difficulties, the ancients said that it is better for the state to help others than for the state to help oneself. If you help or help a poor family, or send schoolchildren to school, or a family that cannot afford to eat, not only will you not be offended, but your spirit and example will spread throughout the country and learn from you. But it is not to offend, but to look at people's character and morality, if a person's character and morality can be understood well, then he will not blame others.

This depends on what kind of person you know, some friends lent money, but have not repaid, you need to use the money, and you are embarrassed to ask, he will not pay it back, annoyed and not to take ** and so on I have experienced, in addition to some friends can still borrow, people will pay you back as soon as they have money, when you are in a hurry to use the money he will also lend you, such can be borrowed, the main thing is to recognize people, see what kind of friends can borrow, this is my personal opinion.

Don't lend money to offend people, lend it to him and ask him to offend people even more.

It depends on the relationship between the two of you, and it also depends on your status in his heart, if you are just a friend in his heart, it doesn't matter, if you are a brother in his heart, he may mind, but if you really don't have extra money in hand to give him, it doesn't matter, you should understand, but if you don't give him money, don't let him know that you have money, otherwise he will remember you, and if you have difficulties in the future, he will not necessarily help you.

It's good to block out, out of sight is clean, and make more generous friends to improve your bearing.

It's really hard to explain.

Are you doing human business?