Post
Topic
Board Economics
Re: A lot wealthy people not smart they just use debt
by
tottong
on 24/06/2024, 04:42:28 UTC
Often we listen that the rich uses loans to develop a business and it is done with full risk. But the important lessons we get they take loans for things that are far more productive compared to some people only use loans just to fulfill lifestyles.
Now the time has changed and if we don't have money it will be far more difficult to develop a business. For me, taking a loan for positive things is not a problem because it can support the business needs they are running.

To achieve wealth you must dare to take risks and this is done by some rich people. Why are they successful because they dare to take risks and that's why we need to try by considering everything before deciding to do it