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Why do some people feel like they are rich even though they have no money?

If the performance is profitable, someone will perform.

By DerasomPublished 2 years ago 3 min read
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This type of performer is in the majority of the people around you who look rich.

Due to the current wealth growth, the power of credit expansion is greater than that of industry. Therefore, in the actual wealth distribution, credit plays a great role, and the main way to make profits from credit is to increase leverage and borrow money to obtain a large amount of money beyond one's own assets. Profit from the operation of the economy.

Therefore, performance taste, financial resources and strong consumption, in order to gain more trust, is an important means to gain credit.

People who don't have much money can use this rule to show the character of "rich people", so that some people in social relationships can overdraw their credit or create an illusion of trust, so as to make profits or gain a greater right to speak.

Obviously, a person who seems to drive a luxury car and is covered in luxury goods is much easier to get financing from acquaintances than a person who looks very simple.

More obviously, a person who packs his own money and is a rich second-generation person is more likely to attract the opposite sex in the market of male-female relations, or it is easier to increase his cash-out value.

After social media has become standard, the cost of this kind of performance has also been greatly reduced. Only videos and photos can be used to perform assets and consumption power; only need to copy some golden sentences from the Internet, you can perform tastefully; only need filters and modifications Pictures can show good looks; only need to modify some pictures and group photos, you can show contacts and education.

It is worth noting that there are also some rich people with a lot of assets who are also performing, because they use a lot of capital leverage. These leverages used to be profitable, but slowly they turned into meager profits, and even the profits could not be deducted. capital cost.

Due to the current economic environment, the liquidity of assets has deteriorated, and most assets are quickly traded at extremely low prices. Therefore, such wealthy people cannot improve their capital structure (reduce leverage) by selling assets, so they must maintain revolving lending, otherwise they will collapse , bankruptcy.

At this time, these people who have assets but are actually in debt need to show that they are strong, and even must deliberately maintain an extravagant life for the people around them to see, otherwise once their credit is shaken, the creditor will The withdrawal of funds will cause the rupture of the entire capital chain.

Under the system of the credit market, the deception of wealth performance is inevitable, and for us, in the face of this situation, we need to have several principles:

1. When doing business, partnership, guarantee, etc. with others, you cannot rely solely on the trust you have accumulated in the past. You must investigate their current situation.

2 Whether other people have money or not has nothing to do with us. Don't expect to make a profit by knowing rich people.

3 All advantages shown by others can be trusted when they have nothing to do with our interests, and all of them must be doubted when they do.

4 Adjust your mentality. You must know that most people will perform well, and most of the embarrassment and anxiety hidden behind their performances will also exist.

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