Desperate for debt, calmly find a solution. Lessons from the movie Squid Game can help you get out of this crisis.
Too much crisis, desperate because of debt , is the reason why many people find themselves in the characters of "Squid Game". Squid Game is not only a survival movie that makes viewers satisfied, but it also brings many valuable lessons about money. From those lessons, you can draw your own experience and find the solution for yourself right now.
Recently, Squid Game, a Korean television series of the survival horror genre, originally produced by Netflix, has been ranked as the best-selling show in the US and has great coverage worldwide.
Squid Game tells the story of empty-handed people trying to regain hope for life, paying off huge debts. In addition to life lessons, Squid Game also offers valuable financial lessons.
Squid Game tells the story of 456 people who participate in a game competition for children but their lives are threatened. Most of the players are in debt piled up with no way out .
They have to live or run away because they can no longer pay their debts. They were then given the chance to play a game of survival to win 45.6 billion won (about 1,000 billion VND) for the survivor.
⇒ That's why financial management is so important. Before you decide to borrow some money , it's best to think about how you'll pay and how much the principal plus interest will be.
In fact, whenever we see an insurance salesman, we feel annoyed, trying to ignore them. However, the film has made us reconsider and realize the importance of insurance.
In episode 2 of the drama, when the main character Gi Hun found out that his mother had severe diabetes, however, his mother decided to go home due to lack of money to pay the hospital bills. Gi Hun did say that insurance would cover everything but in reality, his mother's insurance was canceled and no one else, it was Gi Hun who spent all of her money.
⇒ Insurance is not a burden that will add to the cost of living. Insurance is an investment that will secure our future.
Cho Sang Woo, one of the most prominent supporting characters in Squid Game is smart, graduated from Seoul National University and is the pride of the neighborhood. He is the team leader in a company's investment securities but due to mistakes when investing, he owed more than 6 trillion won.
He mortgaged everything, even his mother's house and fish shop. Cho Sang Woo participated in the game of life and death with the desire to become a winner and have money to repay.
With his excellent intelligence and judgment, Sang Woo reached the final round but in the end he still could not be the winner.
⇒ So, in stock investment, success is not necessarily determined based on how smart you are. Stock market failures are not uncommon.
⇒ The most important thing is to avoid following the crowd and invest according to the principles you have set for yourself. It's not all about sticking to a "don't put your eggs in one basket" strategy, the higher the risk, the bigger the reward can be, it's just a matter of how much risk you're willing to take.
We often have a saying "Gambling is the root of poverty and loss of freedom". However, there are still many people who have misconceptions about finance. Whenever they have difficulty in money, they will all turn to gambling to "change their lives" through luck.
The main character Seong Gi-hun is a gambler. He used his mother's money to gamble on horse races in the hope of double winning. Unfortunately, he often loses because like other “gambling addicts”, he is investing in a high-risk channel.
⇒ Gambling does not help our financial goals but it also steals our hard-earned money in the blink of an eye.
Most people are in the game because they are in debt from loan sharks. When you get a loan shark , you take money from other people and become immersed in that feeling without knowing that the expensive interest is increasing by the minute and they will destroy your finances, even threaten your life. .
⇒ Therefore, usury or bad credit is not a solution to debt, but only makes you entangled in a debt spiral with no way out, along the way because of debt .
Spending money is not a problem, but you must know how to manage spending. Work hard to take care of the most basic needs of the family. The main character Gi Hun, instead of using the borrowed money to spend and find a decent job, he asks for more money because of his gambling addiction.
Most of the characters in the Squid Game have different backgrounds as to why they are in the game. However, most of them have failed to prioritize their preferences, leading to a huge debt.
⇒ Separating wants from needs is a basic form of money saving. The more you spend on useless things, the more your finances will eventually fall apart.
Sang-woo's character is Gi-hun's childhood friend, who is known as the smartest and most successful kid in the village. Unfortunately, while working, he becomes a greedy person.
He embezzled company money, mortgaged his mother's house and fish shop to invest. However, the investment actually loses and ends up in debt with huge amounts of money.
While playing the game, the characters are also overcome by greed and many terrible things happen at the high cost of life.
⇒ The Squid Game has taught us that greed for money will never bring us a better outcome.
In the last episode, Gi Hun asked Il Nam why he did this on purpose. The answer he gave surprised us all, II Nam realized that no matter how much money he had, he would still have a boring life.
Squid Game is not only a survival horror game, it is also a way to see beauty in small things. Even though we have tons of money, if we are not satisfied with our lives, it is useless.
Money really can't buy the most precious and priceless thing in the world: happiness.
Besides the exciting adventure and horror in the Squid Game, we learned in the movie the basic morals in life.
No matter how stuck in life, there will always be a way out of the mess we are struggling with. You just have to strive harder to get to the finish line.
So what is the way out of the pile of debt ?
Do not choose the path of not taking responsibility for the consequences but running away. This will only make your future path more difficult.
The business failed, the main reason was that there was no money, how to repay the debt? If you have 100 million, you should pay 50% (ie 50 million), if you have 1 billion, pay 500 million in advance, so that the creditor can see your attitude and sincerity.
Failure does not mean nothing can be done. Time still runs, people still have to work to survive and you must keep trying, looking for the next opportunity. Debt after a certain failure is not a small number.
People reach a certain age will have times of financial difficulty or debt piled up, mood depressed. Such a life is really miserable, especially when creditors come to the door to ask for money in turn.
However, you definitely have to be resilient in the face of everything. If you are not strong, then who are you weak for? Apart from relatives and family, no one can truly understand you.
Business failure, family difficulties, economic pressure, so many things to worry about. But be resilient and keep a positive attitude, removing negativity and worries from your life. This is arguably the most important thing to do.
No matter how difficult it is, in the end it is up to you to decide. Only you can stand up for yourself and move on.
Facing the failures in business, life, you are not allowed to run away or push the responsibility. Taking the initiative to bear the consequences is the bravery and gives you a change and a satisfactory solution.
There is one more important thing, try to review, find out and clarify the source, the cause of the failure and the reason for those errors. Treatment must use the right medicine, avoid stepping on the same path again, that is the principle "failure is the mother of success".
You're desperate for debt, tired, in debt crisis , that's okay. It is important that you know how to overcome it. Hope today's article will help you find a solution to your problem.