What does a 1,000,000 fixed deposit in a bank mean?
$1 million has reached seven figures, and the person with $1 million was once called"Millionaire"。However, there are also those who say that even if you have $1 million, you are not considered rich. Why are there two different points of view?If a person has a fixed deposit of $1 million in the bank, then what level of person is he?Here's the answer.
More than most. It is difficult for the average person to save that much money.
The central bank once conducted a survey, and the results showed that in China, only a few people have more than 500,000 yuan in bank deposits, and most people have less than 500,000 yuan in bank deposits. As you can imagine, if a person has a fixed deposit of 1 million in the bank, this level has already surpassed most people.
In addition, last year, China's per capita disposable income was 36,883 yuan, and the per capita consumption expenditure was 24,538 yuan, which was subtracted from the two, and the per capita income was 12,345 yuan, which can be used for savings. 1 million yuan 12,345 yuan In 81 years, according to this savings rate, it is difficult for ordinary people to save more than 1 million yuan.
For some, it can be used to achieve financial freedom.
With a million dollars, some people can use it to achieve their goal of financial freedom without working and living only on bank interest. Now, you can still find deposit rates of around 3% at some banks, and if you deposit $1 million in these banks, you can generate $30,000 in interest per year, which is more than the $24,538 per capita consumer expenditure mentioned above.
Even if it is not necessary to have a fixed deposit of 1 million yuan, there is such a survey recently: a couple from Jiangxi Province born in the 90s, through thrift, saved 1 million yuan, part of which is used to buy a house in the fourth and fifth tier small towns, and part of it is stored in the bank to eat interest.
If the expenses are relatively large, and you feel that only 30,000 yuan of deposit interest is difficult to cover the family's living expenses, it is difficult to achieve financial freedom, in the case of 1 million yuan of deposits, you can also use some other ways to improve the overall rate of return, such as using the investment of ** to manage part of the funds to improve passive income. Or with the help of some foreign trade economic platforms within the framework of political support, such as sales of 100,000 yuan and monthly profits of 1,000 yuan.
This does not mean that we can rest on our laurels and think highly of ourselves.
Although a person has a fixed deposit of 1 million yuan, has surpassed the level of many ordinary people in terms of saving, and even hopes to achieve financial freedom in this way, it should not make him feel that he will not have to sit back and relax, that he will not have to struggle, or that he has become an equal to others.
Because, on the one hand, with the purchasing power of current money, $1 million is not much for some life events.
For example, if a person gets married before buying a house, it may not be enough to spend 1 million on the cost of buying a house, bride price, child support and education. If a person is unfortunate enough to have a troublesome serious illness, 1 million may not be enough to restore health and life. If a person unfortunately encounters a fire, traffic accident, etc., the cost of **during the **period is one thing, and the cost of ****, plastic surgery and other expenses afterwards is not a small amount.
Secondly, in the process of comparing people, we do not only look at the deposits in the bank account, but also attach conditions such as family background, social status, mobilizable resources and connections. Some people may not have 1 million in the bank, but they have a high social status, a lot of influence, and can do a lot of things. For those who have saved a million savings by frugality, but are otherwise weak, it is not good for them to think that they are better than the other party and those people because they have some money in their hands.
In short, a $1,000,000 fixed deposit in a bank can exceed the number of deposits of most people from the perspective of deposits alone, and they also hope to achieve financial freedom;But in the face of life events or some serious accidents, 1 million yuan sometimes seems to be stretched;In comparison with others, I don't think very much of myself because I have a deposit of 1 million yuan, after all, although some people don't seem to have a lot of savings, they know that the other party doesn't have a few houses in their hands, or because they have just opened a branch and have insufficient cash flow. After all, although some people don't seem to have a lot of savings, how do you know that the other person doesn't have a few houses in their hands, or because they have just opened a branch, they don't have enough cash flow for a while?