In the crystallization of ancient wisdom, a concise and philosophical proverb "If you are poor, you don't save three dollars, and if you don't have money, you don't have three doors" has been praised to this day. It contains the teachings of the ancestors of the mainland in financial management, and it still has profound enlightening significance.
It was during the Jiajing period of the Ming Dynasty, and a young man named Zhang Han lived in the city of Hangzhou by the West Lake. His family background is ordinary and his life is simple, but Zhang Han is not obsessed with trivial matters. On the contrary, he has always developed a keen interest in financial management and investing. He often divides his earnings into three parts: one for daily expenses, one for savings, and one for investment in the hope of getting more returns.
One day, Wang Dafa, a wealthy businessman famous in Hangzhou, came to visit him. Wang Dafa is one of the wealthiest people in the area, and he hopes to ask Zhang Han for some experience and tips on financial management.
Zhang Han warmly received Wang Dafa and shared his financial management tips with him. He first talked about the meaning of "people who are poor do not save three dollars". He explained that whether a person is poor or not, one should be economical and budget-conscious in life. Only in this way can we make rational use of limited resources, avoid waste, and accumulate more capital for the future.
Then, Zhang Han talked about the meaning of "no money, no strings". He points out that when a person does not have enough capital, he should avoid blindly engaging in risky investment activities. If you don't have enough preparation and knowledge when it comes to investing, you should stay away from risks and be cautious to avoid losing your limited wealth.
After listening to Zhang Han's explanation, Wang Dafa admired it and asked Zhang Han to help him arrange capital investment. In order to let Wang Dafa have a more comprehensive understanding of financial management, Zhang Han decided to take Wang Dafa to the famous Qiantang Academy in Hangzhou.
Qiantang Academy was a place of study and Xi for ancient intellectuals, and it was also a place where businessmen gathered. There are many economically minded people who have in-depth research on business and investment. Zhang Han believes that by visiting these wise people who know how to manage money, Wang Dafa will be able to gain more knowledge and experience.
As soon as he arrived at Qiantang Academy, Zhang Han took Wang Dafa to visit all corners of the academy. They admired the abundant goods displayed in the academy, tasted the popular delicacies, and met some merchants and had in-depth conversations.
In the inner hall of the academy, they met a businessman named Huang Tianxiang. Huang Tianxiang's family is wealthy and has a good way of doing business. He has seen a lot of the world and has unique insights into financial management and investment.