How much savings do you have to be called a "rich person"?Insiders say the answer, are you up to the mark?
You may think that as long as you have a house, a car, and a stable job, you are considered rich. But, you know what?In this era of skyrocketing prices and sluggish incomes, none of this is enough. You probably have a lot of debt, a lot of stress, a lot of anxiety. You may not have achieved your dreams, enjoyed the life you want, and given your family and yourself enough happiness.
So, how much savings do you have to have to be considered a real rich person?We've found some insiders who have given their own answers, so let's take a look.
1. Buy a house in full.
You may think that buying a house is a must for everyone, as long as you have a house, you have a place to live. However, have you ever thought that if your house is bought with a loan, then you are not actually the owner of the house, but a slave of the bank. You have to repay the loan every month, you have to pay interest, you have to take risks, you have to put up with restrictions. Your house is actually a heavy burden, not a wealth.
It is understood that at present, China's housing prices have remained high, especially in first-tier cities, with tens of thousands of yuan per square meter, or even hundreds of thousands of yuan. The vast majority of people do not have enough money and can only make a down payment first and then repay the loan every month. In this way, your house becomes a burden to you, not an asset to you.
Therefore, if you are able to buy a house in full, then you are already rich. Because you own a real property, you don't have to worry about loans, you don't have to worry about interest, you don't have to worry about risks, you don't have to worry about restrictions. Your house is your wealth, and you can use it as you like, rent it, or leave it to future generations. Your house is your freedom, your security, your happiness.
2. Millions of deposits.
You may think that as long as you have a stable job and a certain amount of income every month, you can be considered rich. But, have you ever wondered what you would do if you suddenly lost your job and your income suddenly cut off?Have you ever wondered what you would do if you encountered some unexpected situation like illness, car accident, lawsuit?Have you ever wondered what you would do if you wanted to achieve some dreams, such as traveling, starting a business, or Xi?
You may say, I have insurance, I have social security, I have CPF, I have relatives, I have friends. But, have you ever thought that these are unstable, unreliable, and insufficient. Your insurance may be difficult to claim, pay less, or even refuse to pay. Your social security may be difficult to pay, difficult to receive, or even cut off.
Your provident fund may be difficult to withdraw, use, or even frozen. Your relatives may not be close, not close, and do not help. Your friends may not be there, ignore them, or borrow them.
So, if you are able to have a million deposits, then you are already rich. Because you have enough liquidity, you don't have to worry about work, you don't have to worry about income, you don't have to worry about accidents. You can deal with any difficulties at any time, realize any dreams at any time, and enjoy any life at any time. Your deposit is your security, your opportunity, and your happiness.
3. Investment assets.
You may think that as long as you have a house, a car, a job, and a deposit, you are considered rich. However, have you ever thought that these are static, do not add value, or even depreciate. Your house may experience market fluctuations, policy controls, and even natural disasters. Your car may be repaired, maintained, or even scrapped.
Your job may be subject to competition, elimination, or even layoffs. Your savings can suffer from inflation, falling interest rates, or even bank failures.
So, if you are able to own investment assets, then you are already rich. Because you have assets that can increase in value, you don't have to worry about the market, you don't have to worry about policies, you don't have to worry about disasters. You can use your assets to generate more income, to obtain more profits, to accumulate more wealth. Your investment assets are your growth, your strengths, and your wealth.
So, do you have any investment assets?You might say, I don't have money, I don't have time, I don't have experience, I don't have a chance. But, you know what?
The current investment market is no longer the investment market of the past, you don't need to have a lot of money, you don't need to have a lot of time, you don't need to have a lot of experience, you don't need to have a lot of opportunities. You just need a little money, a little time, a little experience, and a little opportunity to start your investment path.
For example, you can invest**, with the help of the Internet platform, you can buy and sell anytime and anywhere**, as long as you have a little analytical ability, a little risk awareness, a little patience, you can earn income from **. For example, you can invest, with the help of a professional manager, you can choose different products, as long as you have a little bit of choice, a little sense of configuration, a little persistence, you can earn income from it.
For example, you can invest**, with the help of international gold price trends, you can buy and sell different **varieties, as long as you have a little judgment, a little observation, you can earn income from **.
Of course, in addition to these, you can also invest in other assets, such as bonds, such as foreign exchange, such as **, such as real estate, such as art, such as digital currency, and so on. As long as you have a little interest, a little Xi, and a little practice, you can earn income from investment.
4. Passive income.
You may think that as long as you have a house, a car, a job, a deposit, and some investment, you can be considered rich. But, have you ever thought about it, these are all things that require you to spend time, effort, and even money. Your house needs you to take care of, maintain, and even renovate.
Your car needs to be maintained, refueled, or even replaced. Your job requires you to work hard, work overtime, and even socialize. Your deposits need you to manage, plan, and even increase. Your investment requires you to analyze, make decisions, and even adjust.
So, if you are able to have passive income, then you are already rich. Because you have an income that doesn't require you to spend time, energy, or even money, you don't have to worry about a house, you don't have to worry about a car, you don't have to worry about work, you don't have to worry about savings, you don't have to worry about investments. You can make your income work automatically for you, grow automatically for you, and create automatically for you. Your passive income is your ease, your freedom, and your abundance.
So, do you have a passive income?You may say, I don't have the ability, I don't have the resources, I don't have the channels, I don't have the means. But, you know what?The current society is not the society of the past, you don't need to have high ability, you don't need to have a lot of resources, you don't need to have a wide range of channels, you don't need to have a very complex method
You only need to have a little ability, a little bit of resources, a little bit of channels, and a little bit of method to start your passive income path.
For example, you can write books, with the help of the Internet platform, you can publish your e-books, as long as you have a little writing ability, a little creativity, a little passion, you can earn money from books. For example, you can start a course, with the help of the ** education platform, you can open your ** course, as long as you have a little professional knowledge, a little teaching skills, a little eloquence, you can earn from the course.
For example, you can do **, with the help of *** you can make your ** content, as long as you have a little bit of shooting ability, a little bit of editing ability, a little bit of expression ability, you can earn from **. Of course, in addition to these, you can also do other passive income, such as blogging, such as live streaming, such as advertising, such as distribution, such as software, and so on. As long as you have a little idea, a little action, and a little persistence, you can earn from passive income.