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When you say that you owe a huge debt, should you choose to hold on or get rid of it?

author:Knowledgeable and talented seedlings ko

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In life, we often face setbacks and difficulties, but choosing how to deal with these challenges is a crucial decision. Today, I'm going to share a story of perseverance and despair. The story takes place among entrepreneurs in the restaurant industry who have experienced financial difficulties, debt crises, and even the shadow of suicide. But in the face of great pressure, some people choose to persevere, while others go to a dead end. It's a thought-provoking story that hopefully provokes deep thinking about life and responsibility.

When you say that you owe a huge debt, should you choose to hold on or get rid of it?

He was only 38 years old, and my friends who stepped into the restaurant industry with me, quietly passed away at the funeral home's farewell ceremony. More than ten years of friendship made us from entrepreneurial partners to good friends like brothers, but his life stopped at this age. The parting was painful, especially his mother's wail, a heart-wrenching sadness. And his eight-year-old son, still confused, does not understand what happened, what a shame it is that he left too early.

When you say that you owe a huge debt, should you choose to hold on or get rid of it?

Once, he and I started a business in the restaurant industry, and despite some shocks, the business was not bad. Then, a mutual friend raised the opportunity for online finance, saying it was a hot industry with good profits, so they invested. At that time, I was constrained by my family and invested only a small part of the money, but he was different, he took out all his belongings and borrowed money from relatives and friends, which reached a total of 1.5 million.

However, fate was not satisfactory. The friend they trusted was treacherous, and overnight, they lost everything. Riddled with debts, his relatives learned that he was destitute, and they came to collect debts one after another, forcing him to mortgage his family's house to the bank, borrow 1 million yuan, and pay off his relatives' debts. Bank loans, credit cards, and online loans accumulated as high as 3.8 million yuan.

When you say that you owe a huge debt, should you choose to hold on or get rid of it?

The original business also declared bankruptcy, the bank chased the debt to no avail, and the court finally decided to auction off his house. And this house became their last hope, without which his parents and children would be homeless. This house turned out to be his last lifesaver, but it also became the source of his despair.

In the end, he jumped from the 28th floor and ended his life at the age of 38. The pressure of debt was too great for him to bear, so he chose to go to a dead end. However, after his departure, we can't help but wonder, how should his wife, children, and elderly parents face the future? Who will take responsibility for him? Even though he owed a million debts, he should have borne them, but he chose to run away and left the problem to those closest to him.

When you say that you owe a huge debt, should you choose to hold on or get rid of it?

At that time, we were also deeply in debt trouble, and due to the impact of the epidemic, it was difficult for F&B restaurants to maintain their operations. We have more than 2 million foreign debts, and the bank keeps urging, and relatives and friends also come to collect it. However, he told me at the time that failure is not terrible, as long as you start again, the green mountains will still be the same, and you will not worry about burning firewood. His words have always inspired us, but in the end, he was unable to persevere and went on a desperate path. After he leaves, his family will face irreparable psychological trauma.

When you say that you owe a huge debt, should you choose to hold on or get rid of it?

No matter how much debt we owe, creditors will not claim our lives, we should turn stress into motivation and work to change the status quo. I used to feel helpless and didn't know what to say, but in the face of debt, we had to persevere, for the sake of our families, for the sake of responsibility. Perseverance is for a better future.

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