Janey Damodharsudchuen Shares Financial Advice for Debtors

Thai singer Janey Rattanok, widely known as Janey Damodharsudchuen, recently posted a message addressing someone who asked to borrow money due to accumulating hundreds of thousands of baht in debt, feeling overwhelmed and unable to find a way out through a single income stream. Along with this, she shared valuable financial advice and mindset tips for debtors struggling to cope with their financial burdens.

First, Janey pointed out that before taking on debt, individuals must carefully consider how they will repay it, rather than borrowing first and figuring it out later, which only leads to misery and unhappiness. For those who are already in debt, the solution is not to borrow more—which would only increase the number of creditors and criticism—but to significantly increase their income and restructure their finances to pay off what they owe.

Stock photo for illustration only, not from the actual event

Furthermore, debtors should sell anything non-essential to pay off their debts, defining non-essentials as things they can live without, as nothing is more important than their life and happiness. Selling these items can help clear or reduce the debt burden. Debtors must also strictly adjust their lifestyle, such as sleeping less, eating less, buying less, and working harder to ensure every hour of the 24-hour day generates income.