Kunpeng Project
As we all know, Chinese people have always liked to save money.
From the older generation, they also left only some working capital at home, and the rest was deposited in the bank. Just eating interest will make them feel very satisfied, not to mention that depositing in the bank will make them feel very reassured!
However, there is news that the deposit **? This can't help but make everyone very confused.
Looking at it, ordinary people have neither bought houses nor consumed, so what about the money that should have been in the bank again?
1. Why don't people consume and don't buy houses?
In the past, China's real estate market has undergone tremendous changes, and many real estate markets have also frequently exploded, which has caused the real estate industry in many regions to decline.
Moreover, everyone has also lost their previous willingness to buy a house.
Although housing prices have also decreased compared with before, people who can't afford it still can't afford it, and everyone who understands it understands.
Nowadays, people are more open-minded, and they don't want to reduce their quality of life by buying a house.
So, are ordinary people using their money for revenge spending?
In fact, no, because people are more cautious about consumption after being affected by a lot of uncertainties.
Of course, let alone investing, they are more worried about the future, so they will be more inclined to keep their money in their own hands.
Especially due to the impact of the previous epidemic, everyone who has experienced illness understands the importance of money, and the willingness to save money into the bank is stronger.
Everyone is deeply aware that only by saving a certain amount of money can they cope with sudden illness or sudden unemployment.
Second, the deposit data has gradually picked up
According to the data, RMB deposits** in July 2023 decreased by 11 trillion, balance 2775 trillion yuan.
Thankfully, deposit balances rose in December to 28426 trillion. In January 2024, it rose a bit more, reaching 28974 trillion yuan.
Although the data has risen, under the influence of the gap between the rich and the poor, most people still cannot save money.
This in itself is a very abnormal phenomenon and is unreasonable.
After all, after the epidemic is over, people who have experienced that special period will pay more attention to the role of saving, and they should also understand the importance of saving.
There is no big spending, and there is no saving money, why exactly?
3. What is the root cause of "no deposit"?
In fact, there are many reasons why many people can't save money.
Affected by the epidemic, China's real economy is still particularly impacted, so it will take time for the overall market to recover.
At this time, the major banks began to make some adjustments. By lowering interest rates, we can achieve a certain role in revitalizing the economic market.
In other words, interest rates are lowered to stimulate consumption, so that more money will flow into the market.
If the interest rate on bank deposits falls seriously, it will inevitably lead to a decrease in everyone's willingness to deposit.
Although they will spend this money in more areas of consumption, these areas of consumption are relatively low-end.
In addition, the income of most people has also been affected, and many people are even unemployed.
Their own living environment has been affected, and with the current price of goods, they simply do not have the ability to deposit excess money in the bank, so the deposit will definitely decrease.
In addition, due to the decline in property interest rates, some people who can afford it will be more inclined to pay their mortgage early.
In this regard, netizens also expressed their opinions, and most netizens believe that they can't save money because they don't have money in their hands at all, and low wages and high consumption have also become the economic dilemma faced by most people.
Conclusion
Because of the torture and impact of the epidemic, China's economy is also facing a lot of challenges, and all walks of life have also been hit by a strong impact, and they have not fully recovered until now. Under the slowdown of the economic situation, we should also make certain economic plans.
Of course, we need to maintain a balance between income and expenditure, and we must exercise restraint in terms of consumption, and at the same time manage our finances reasonably。At the same time, we should also maintain an optimistic attitude towards the overall economic development of the country.
I believe that as long as we continue to make efforts, we will be able to usher in a better development situation for our economy.