Since the beginning of this year, the deposit boom of Chinese residents has been rising, and according to the data of the central bank, deposits increased by 14 from January to September 202342 trillion yuan. If in accordance with our country 14With a population of 100 million people, the per capita savings have exceeded 100,000 yuan. For a family of three, the average family savings have reached 300,000 yuan. This means that if your household savings are more than 300,000, then you can be considered the best among the vast majority of families in the country.
However, despite the enthusiasm of domestic residents for deposits, some bank staff still warn people that from 2024 onwards, there will be great uncertainty in the domestic and foreign economic and investment environment. Especially for those families with a deposit of more than 300,000 yuan, they will face the following four troubles. Therefore, it becomes crucial to keep your money in check. Let's take a closer look.
Starting in 2023, domestic banks have lowered their deposit rates. At present, the interest rate on 3-year deposits is generally below 3%, while the interest rate on 1-year deposits is even lower than 2%. Deposit rates are now at historically low levels. This means that for those families with savings of more than 300,000 yuan, their interest income will be less and less. It is expected that by 2024, there is room for further reductions in deposit rates. Therefore, we recommend that you choose to buy large certificates of deposit or treasury bonds to obtain higher interest income on deposits.
Although the interest rate on bank deposits is getting lower and lower, the commodities that are closely related to the lives of ordinary people are constantly changing. This is mainly due to the loose monetary policy adopted by the central bank, which has led to the over-issuance of some currencies into the commodity market. With the advent of inflation, the interest income of deposits is no longer the only problem that cannot outpace the rate of inflation. The purchasing power of these deposits, which depositors keep in banks, is also shrinking.
Due to the continuous reduction of bank deposit rates, some people may feel that saving money is not cost-effective. As a result, they choose to set aside their savings to start a business. However, the current startup environment is not optimistic. On the one hand, after 3 years of the epidemic, most people's incomes have decreased, and consumer demand is also shrinking. The overall entrepreneurial environment is unfavorable, reducing the probability of success. On the other hand, the current fierce competition in the same industry, affected by e-commerce, shops, factories, office buildings and other rents, which have increased the difficulty of entrepreneurs' success. Therefore, even if you have a deposit in your hand, you don't dare to start a business easily, for fear of losing your principal.
With the continuous decline of bank deposit interest rates, many people choose to take out their money for investment**, bank wealth management products and other high-yield investment varieties, hoping to achieve asset preservation and appreciation through investment and financial management. However, there is a great deal of risk for ordinary savers to take out their savings and invest in high-yield products. On the one hand, the current investment environment is not optimistic, most A-share investors have serious losses, and there may be a loss of 20-30% when buying **, and even the purchase of bank wealth management products may also lose money. On the other hand, most savers lack the knowledge and experience of investing and managing their finances, and if they enter the market blindly, they are likely to lose money. Eventually, investors will find that instead of investing their money elsewhere, it is better to keep it in the bank, at least the principal plus interest is guaranteed.
After 2024, special attention needs to be paid to those whose household savings exceed 300,000 yuan. Although deposit interest rates continue to fall, inflation continues to rise, and the four annoyances of money not daring to start a business and having money not daring to invest in financial management are upsetting, we can still have some measures to protect our wealth. First of all, you can choose to buy large certificates of deposit or treasury bonds to obtain higher interest income on deposits. Secondly, you can maintain and increase the value of your assets through stable investment channels, such as buying low-risk products** or participating in long-term investment plans. In addition, it is also possible to actively look for entrepreneurial opportunities, but carefully assess the risks and be prepared with sufficient capital and experience. The most important thing is to remain sensitive to the overall economic environment and adjust your financial strategy in a timely manner to cope with uncertainties.
In the face of these troubles, we must also remain calm and rational, and not be swayed by emotions. Only by doing a good job of financial planning and rational allocation of assets can we better guard our money bags. At the same time, it is also important to improve your financial literacy and understand the different investment channels and risks to make informed decisions. After all, we can only enjoy a more stable and prosperous life if we protect our wealth by ourselves.