Six Hurdles of Wealth Accumulation

For ordinary people, there are 6 hurdles in wealth accumulation.

Saving 10,000, 100,000, and 300,000 are three small hurdles.

1,000,000, 3,000,000, and 30,000,000 are three big hurdles.

Very few people can manage to save 10,000 without changing their phone, 100,000 without buying a car, 300,000 without investing, 1,000,000 without lending money, 3,000,000 without engaging in reckless behavior, and 30,000,000 without leaking money.

Especially in the current special economic cycle, many people become increasingly anxious when they are not making money, and as a result, they lose money even faster.

Many people do not understand that the essence of wealth is preservation, not speculation. You may win a hundred times, but as long as you lose once, you will be back to zero. Therefore, learning to preserve wealth is the first step in financial management.

Many people, when they have a bit of money, immediately think about spending it. They desire to buy things that are roughly within their reach and are eager to experience the joy of spending money, without considering whether the item they are buying is a necessity. They feel compelled to spend their idle money on frivolous things.

Once they save up to 10,000, they want to change their phone; once they reach 100,000, they want to buy a spicy fish head to shield against the rain; once they save 300,000, they want to buy an entry-level BBA or invest in funds and stocks as assets. When they save up to 1,000,000, suddenly everyone around them starts asking to borrow money. Once they reach 3,000,000, they begin to indulge, either getting involved in personal escapades or dabbling in various circles. Upon reaching 30,000,000, some big brother will proactively offer to help them make big money, with returns calculated in multiples, only to eventually realize it’s a big trap.

Thus, the way ordinary people preserve wealth is not about not spending money or not investing, but about not spending when it’s unnecessary, not investing in what they don’t understand, and holding off when they just start to grasp something. Money that is not spent remains money; once it is spent, it may no longer be the same. Those capable of earning big money are a minority, and the chances of making big money are rare. Winning more often relies on accumulation rather than gambling. Therefore, for most ordinary people, wealth accumulation relies on preservation, creating incremental growth while maintaining the existing amount.

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