The recent market conditions are so good, everyone must have made a lot of money.
I guess everyone is very depressed because the speed at which they spend money every day cannot keep up with the speed at which they earn money.
There have been a lot of stories about people getting rich quickly recently, with some making tens of millions or even hundreds of millions. It seems like a lot of people have made a lot of money online.
But after seeing Master Pang’s post today, Ju Zuo also did a test and found that there are actually not as many people making money as imagined.
In fact, there are even fewer people who make money by playing memes.
Of course, it may also be that our group of people are not very good at it, so we all gathered together and failed to make any money.
But then again, we still have to have dreams, what if they come true?
If you make money, have you thought about how to spend it?
I guess many people are thinking about buying houses, cars, watches, and various forms of revenge consumption.
But as a person who has been through it, Ju Zuo wants to say that you should just keep your magical powers to yourself. It’s not easy to make money these days. I advise you to be honest.
A few years ago, I made some money. Let me tell you what I did:
I bought several houses, but now I'm losing a lot of money and can't even sell them. One of them is an apartment. To be honest, I don't know what I was thinking back then.
I change a car every year. We have two cars in my family, one for myself and one for my family. From Mercedes-Benz + BMW to Porsche + Mercedes-Benz V, I lost nearly 200 yuan on cars. Later Cayennes were sold at half price.
Rolex and other watches were popular in those years, and I bought two to keep up with the trend. Now their values have fallen like altcoins. They are heavy and make me look stupid when I wear them, and they do not serve the purpose of showing off at all.
Things like garages and watches are essentially commodities rather than assets. They start to depreciate from the first day you buy them, and you have to pay maintenance costs for them every year.
This is obviously not a good deal.
Later I figured these things out and started the process of letting go of things as a middle-aged man:
I just need the right to use it, ownership is not really important.
If you want to be more pretentious and high-end:
Everything is not mine, but it is for my use.
After I figured it out, I sold those flashy cars and replaced them with an M7. Smart driving saves trouble. I just want to ask, can your car park automatically after you get off the car?
Our family moved to Hangzhou, but we no longer thought about buying a house. Instead, we rented a house first. After all, our child was still young, and it wouldn't be so troublesome to send him to a private school.
Watches. I sold all the other watches and kept only the Rolex as a testimony of my former stupidity.
I have a feeling that it's actually more relaxing when you don't care about appearances.
The reason you want those things is not because you really want them, but because you think others think you should have them.
You must use these things to prove your ability, your success, and your financial strength.
But sorry, I don't need it now.
I wonder if you have the same feeling:
After you finally get the car you've been dreaming of, you find that it doesn't drive as awesome as those car reviews on the Internet say.
After a while, it becomes boring.
Ju Zuo now exudes the aura of a loser.
The clothes I wear are either from domestic sports brands or Uniqlo, and my outfit is basically sports and casual, although I don’t do much exercise.
I don’t wear a watch when I go out anymore. It’s so heavy and I have to adjust the time all the time, which is troublesome.
As for eating, I just eat whatever I want when I’m hungry. Most of the time I eat at home.
I don’t socialize much and I don’t hang out in any circles. That’s just how it is.
I have been reviewing the situation. If I had not been so wasteful in the past, I should have more cash flow left now. If I bought cakes or gold, it would be quite profitable.
Why put such important cash flow on such an unimportant thing?
It would be nice to have a car to drive, even if you take a taxi. You don’t have to drive yourself or find a parking space.
It’s good to have a house to live in. At worst, you can rent a better one. It’s more cost-effective to rent it for a long time.
All that remains is to do what you are good at, grow in the industry and get results.
Many people have indeed made money in this wave. Although the money is yours and you have the final say, as someone who has wasted a lot of money, I think you should spend it slowly.
After all, you only have this one chance to make a lot of money in all these years, and you’re not sure when you’ll get the next one. Wouldn’t it be stupid to just jump into the trap of consumerism?
I have met many people over the years and found that everyone’s concept of wealth is still very vague, that is, they have no understanding of money.
You can buy a car worth hundreds of thousands or millions of dollars at any time, and you can get a loan for a house worth millions or tens of millions of dollars at any time.
But spending a few hundred dollars to make yourself comfortable and improve the quality of your daily life is considered extravagant and wasteful.
Did you know that the money you save from the depreciation of your car or house is enough to more than double your quality of life?
This is a typical case of not knowing how to live and having no understanding of money.
With the same amount of money, you can live a more comfortable life now. Things like buying a motorhome or a large vehicle can be postponed. After all, not having one won’t be a big deal. However, your current sense of happiness will be greatly improved.
After all, spending money is a technical job.
You can only make money if you know how to spend money. This is something I understood when I was fourteen years old.
Have you thought about how to spend the money you earn?
Remember your identity—you are an investor, not a consumer.
I am Ju Zuo, a man who focuses on recovering cryptocurrency assets and helping you get rich.
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