Infinite Bankruptcy Crisis

Big thanks to the author! I am currently a sophomore. My parents love me very much. I have received all the New Year's money since elementary school, as well as bonuses for high rankings. But it may be that I am more obedient and well-behaved. They think that I will not spend money recklessly and they did not teach me financial management knowledge. But after I started playing games in junior high school, as a person who didn't know the value of money, I started spending 648 kryptons one by one. It wasn't until high school that I slowly realized how stupid I had done. However, my consumption habits have been developed. I will satisfy myself when I want what I want. I can't seem to accept delayed gratification anymore. So let me also talk about the changes this book has had on me from two aspects: increasing revenue and reducing expenditure. In fact, before reading this book, I had already realized that there was a problem with my consumption habits. My monthly living expenses are 2,500 from my father, but my mother loves me very much and transfers 1,200 to me from time to time through Crazy Thursday; my brother will also transfer pocket money to me. Adding these, my monthly income is probably more than 3,000. But college has just started, and I still can't restrain my desire to consume. Take the game of earning money as an example. I knew it was wrong, but as soon as I got into it, I spent it and then regretted it. After I finished it, I told myself to save money next time. After a few months, I found that it was outrageous to be able to make ends meet with such a high income, so I downloaded the accounting software, and then I couldn't help but get a permanent membership of the accounting software... I can only say that it seems that this member has no money. In the first few months of accounting, I always forgot to keep accounts every day, so I could only sort them out at the end of the month. Then I looked at this month's expenses and vowed to be frugal and frugal next month, and then repeated the cycle... It had a little effect, and I no longer spent large amounts of krypton gold, because the accounts were ugly. However, my consumption habits have not fundamentally changed, and I am basically the same as a paycheck to paycheck. I couldn't stand it anymore last month, so I started sorting out my bills every week. It improved a lot, and I was able to save a little bit. I was already satisfied, but after opening this book, I started to feel sad again orz. I decided to keep accounts every day. I will give feedback on this later! Next is the open source aspect. First of all, it's a part-time job. My brother doesn't recommend that I take a part-time job. He said that you've already learned computer science. If you have the time to learn more professional knowledge, you'll earn much more in the future than if you had a part-time job. I thought it made sense, so I took a substitute class, which was equivalent to earning about 30 yuan for two self-study classes, which was better than nothing. At the same time, the school laboratory occasionally recruited experimental personnel for a fee, which could also make a small amount of money. Then and finally, there is the financial aspect. I had been managing my finances for almost a year before I read this book. My family really loves me, and I already have a savings of 100,000 despite my squandering, so I have been trying to manage my own finances since I got a bank card last year. At first I didn't dare to start. I bought currency funds after learning online, but the growth rate was very slow. In fact, I didn't care about the small profit, as long as I didn't lose money, but it was very uncomfortable if I couldn't even outperform Yu'e Bao. I felt that my financial management was in vain. Then I started buying bonds and felt that the returns were good. But the more I learned, the more courage I became, and I came across a Zhihu post, which basically said: "It is very simple to cultivate a big-picture perspective. Invest a sum of money that does not affect your life but is important enough to invest in stocks in three fields, and then you analyze and follow the daily news of these stocks to judge their rise and fall." I forgot what it was specifically, but I remember that I took out 2,000 (still didn't dare to invest too much) and invested in the Shanghai Stock Exchange 50 ETF Link A. I didn't know how to buy at a low point at that time, but I happened to buy at a low point (so lucky)! The yield rate is amazing to me. So I started to be bold, and later decided to invest in Nasdaq, gold, SSE 50, CSI 300, and technology one after another, but they were all ignorant of investing. I benefited a lot from reading the author's book, and I came into contact with knowledge that I should have learned at the beginning of my investment but had not been exposed to. It happens that a new batch of treasury bonds will be released on June 10. I plan to adjust the electronic banking permissions after the bank opens, and then redeem a monetary fund to purchase treasury bonds. After opening a brokerage account to invest in index funds, I also started writing a financial diary, haha. Looking back on my financial management journey, elementary school, junior high school and high school were undoubtedly extremely unsuccessful, even worse than those who live on their own. In 2025, I didn't know how to invest, and I earned 1068.98, Which was terrible for my principal. It has made 1343 so far in 2026, but it is actually a failure - the CSI 300, which made 1001, cannot hold on and liquidated its position at the beginning of the year. My previous financial management was a mess, I hope things can change now.

Hello, author, thank you very much for writing this book. I have already shared this book with no less than 20 people around me. Many of the must-read investment books we know come from foreign countries. They are not so close to some domestic conditions or our daily lives. So when I saw that Chapter 1 was about medical insurance, I was really surprised. China really needs such an investment and financial management book that is similar to China's national conditions and close to people's lives. I also forget when I first read this book. It must have been four or five years ago. I read it again every two or three years. This should be the third time I have read it. Over the years, I have also followed the books to buy the market, index, and dividend funds. I found high-quality stocks and held them. At the beginning of 2025, I was very optimistic about the artificial intelligence field, so I finally saved a little principal and bought some ETFs. By 26.6.5, The return had reached 80%. My current goal is to work hard, save money, and invest. Recently, I picked up this book and read it again, and suddenly found that my ability to resist risks is still very weak, and I did not buy insurance. Another recent goal is to find insurance that suits you. Thank you very much to the author. This article helped me make a lot of money.

My first financial management book, starting my investment and financial management journey. There is another book that is particularly good. When paired with this book, it is really enlightening. From then on, I read a lot of books one after another, and also tried to buy funds and US stocks. Life should be more than just work!

Ahhhh, I only remembered that my income into three points came from after reading this article. When I read this article, I had a deposit of about 100 in my sophomore year. After that, I started working as a work-study student (monthly income is about 500)? To save money, I saved 3,000 in the first semester, and 20,000 in two years. Now I have just graduated a few months ago, and currently have a savings of 50,000. This article is really a treasure that is very useful for reality 😍 😍 😍 😍 😍

Now think about it, the author closed the comment area without any contact information (mainly scarf), which is really the right thing to do 🐶

The account that was fully booked yesterday cannot be retrieved after logging out today. Come back to order again today. I got into Infinite Tower Defense when I was playing it. Hahaha, I read this article in college. I watched this when I was in college and thought it was interesting, but I can't understand it anymore if it's more profound. Now that I am about to start work, I read this article again. I feel that the knowledge about insurance and financial management in it is very suitable for a novice like me [loving eyes] [loving eyes]

Very good financial science article! Everyone has different risk preferences. If you choose an investment strategy, continue to do it, and do the right things repeatedly, you will slowly become rich.

Thank you so much. I saved up money to buy a fund from a blogger when I was in college, but I didn't know much about it. After holding it for three years, I was in a hurry to use the money and lost a lot by selling it. I have stayed away from funds ever since. But reading this book has corrected many of my ideas. I read it today and found that the highest fund has increased by more than 200% after I sold it. I will still try financial management in the future, but I will learn more about it in depth before I end up. Thank you (the teacher wrote the best infrastructure article in the world)

It's a pity that my wife didn't write because of some comments. It's a very good article and I will support it more in the future.

Now, both the domestic market and the foreign S&P are at a high level. I don't know how long it will take to reach the undervalued zone, but I really can't wait. They say you don't choose the right time for fixed-term investing. Let's start with small-amount fixed-term investing [brain-picking]