In the era of economic downturn, it is recommended that you stop buying these ten things in 2024

Mondo Finance Updated on 2024-01-30

With the slowdown in China's economic growth and increasing downward pressure, we all need to think about how to rationally allocate resources in the limited resources. In order to help you consume rationally and avoid risks, this article will reveal ten items that are not recommended to buy in 2024.

The first is new energy vehicles. Although the new energy vehicle market has been hot in recent years, with the gradual decline of subsidy policies, the cost performance of new energy vehicles is decreasing. Especially for models whose battery technology is not yet fully mature, we should treat it more rationally.

The second is second-hand luxury. Although more and more people are paying attention to the second-hand luxury market, there are a large number of counterfeit goods in the market, making it difficult for consumers to distinguish the authenticity. In the context of slowing economic growth, the risk factor of buying second-hand luxury goods has increased, so we still have to be cautious.

The third is shared products. The sharing economy is all the rage, from bike-sharing to car-sharing, all kinds of sharing products are emerging in an endless stream. But with the economic downturn, many sharing businesses are in trouble or even go out of business. When choosing shared products, we should fully consider the business risks of the enterprise and avoid problems such as non-refundable deposits.

The fourth is virtual currency. Virtual currency was once known as an investment artifact, and in recent years, it has set off a boom in the Chinese market. However, the virtual currency market is highly volatile, and the risks are difficult to control. According to the data of the central bank, the scale of China's virtual currency market has shrunk significantly. Investors should look at virtual currencies rationally and avoid blindly following the trend.

The fifth is education. In the context of the epidemic, the ** education market has expanded rapidly. However, with the economic downturn, the pressure on enterprises to survive has increased, and consumers should be cautious in identifying the qualifications of institutions when choosing the best education products to avoid problems such as low teaching quality and difficulty in refunds.

The sixth is health care products. With the improvement of health awareness, the health care products market is becoming increasingly hot. However, the quality of many health supplements varies, and we should be more cautious when purchasing. In recent years, the number of complaints about health products has continued to rise, and we need to be vigilant.

The seventh is smart home. The smart home market is booming, but the practicality, safety and after-sales service of the product should be carefully considered when buying. In recent years, the safety hazards of smart home products have been reported repeatedly, and we should be more rational when choosing.

The eighth is e-commerce platform coupons. E-commerce platform coupons may seem affordable, but there are actually many limitations. Consumers should read the instructions carefully when purchasing to avoid blindly following the trend and leading to waste.

The ninth is live streaming products. Live streaming has been in the limelight in recent years, but the quality of the products is uneven. When consumers buy live streaming products, they should rationally look at the anchor's recommendations, fully understand the product information, and avoid impulsive consumption.

And finally, the artwork. The art market is in dire straits, especially during economic downturns, and investment risks are even greater. Consumers should be cautious when buying ** art and avoid blind investment.

To sum up, in the context of the economic downturn, we should consume rationally, follow the principles of practicality, safety and affordability, and avoid blindly following the trend. At the same time, enterprises should also strengthen market supervision, protect the rights and interests of consumers, and jointly respond to the challenges brought about by the economic downturn. Remember, smart consumption brings long-term benefits.

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