What do rich people think of lottery tickets, loans and revolving credits?

◆ Where can I buy the lottery ticket?Rich people avoid unfavorable choices
Some people may reject the word “mathematics”, but for adults, mathematics is not like solving equations.

Rather, it is the skill needed to see through the gimmicks of numbers in the world, avoid unfavorable choices, and make more favorable choices.

For example, where do ordinary people buy at the lottery counter? We collect the information and line up in a line at a specific sales floor.

However, in reality, it is a product designed to have a constant probability, so it is the same no matter where you buy it. A sales floor with a lot of hits means that there are more losses than that.

Some people are pleased to see the advertisement that “Revolving credit is a fixed amount of deduction every month, so it does not increase the burden.” But for credit card companies, customers without that kind of money intelligence are delicious ducks that can be profitable.

You may have heard the phrase, “The compound interest effect is tremendous.” In this case, it is the financial institution that increases income due to the effect of compound interest, and ordinary people do not know that the interest rate will be 15% per year, and the reverse compound interest effect will work and they will lose more and more money.

Why do some rich people buy Benz with a loan? That’s because you can invest your money higher than 3% of the auto loan interest rate. There is a customer of my company who buys all real estate with a loan even though he has 5 billion yen in cash.

He says, “It’s a waste to put your cash to sleep. It’s a good idea not to spend your money, but to use someone else’s money to increase your wealth. Cash is your last trump card.”

◆ Exchange with foreign currency exchange service of FX company where the fee is cheap every time the yen strengthens
I have another friend like this. When you travel to Hong Kong, open a US dollar and euro bank account and deposit a certain amount. Then make a credit card for that bank.

Since I live in Japan, I spend most of my time in Japan, but when the dollar weakens, I use a dollar card, and when the euro weakens, I buy with a euro card.

I feel that there are some amazing people, and at the same time, I admire that it may be this kind of thing to spend money wisely.

If you read this and say, “I can’t do that,” or “It doesn’t matter to me,” it’s proof that you’ve stopped thinking. Because this example does not mean “this way” or “this method is good”, but it means that there is learning in such creativity.

In other words, let’s think about what we should do.

Following him, every time the yen strengthens, I use the FX company’s foreign currency exchange service, which has dramatically lower fees, to exchange US dollars and Singapore dollars. I plan to visit it in the future.

Also, regarding taxes, it seems that there are many people who have graduated from university and worked as self-employed and have not filed tax returns.

Some are convinced, but many do not know. In this case, you should be able to get a refund of the tax you paid too much, but you may lose it without knowing it.

An adult abacus can be called “math that is not taught at school.”

Sentence = Tokio Todo (Money Guide)