Is the millions of deposits in the bank only dependent on interest, not working and not earning money, enough to sustain life?
Now, the people's consumption level is constantly rising, **rising, and the houses are rising**, which makes many people feel pressure.
Many people are working hard, working overtime, and at the cost of their bodies, in exchange for a better life.
But there are also some people who have chosen a completely different life, they would rather keep their money in the bank, earn only interest, and don't even have to work.
With 1 million, why do you still go to work, why do you have to be called by the leader, it is better to put it in the bank, lie down every day, and receive an income every day, this is not counted, tomorrow will even bring interest, but this is true or false, 1 million interest, can we live a lifetime?
One million is a desirable and desirable form of financial freedom for some, but this is not the case.
This million savings, put in the bank, in addition to making some money, does not need to work, does not need to make money, which may solve some problems in the short term, but in the long run, there are many problems.
It is well known that the interest on bank savings is generally very cheap, especially now that many countries around the world maintain a very low interest rate.
Assuming that at the current ordinary bank interest rate, it is difficult to exceed 3% even if the savings are high.
In other words, 1 million a year, in the best case, is 30,000 yuan, 82 yuan a day.
As long as you go to the vegetable market, you will understand that in these years, pork is more than 30 pounds, green vegetables are more than 10, only 82 yuan a day, three meals a day, in addition to three meals a day, high rent, medical expenses and other living expenses, in case of illness one day, just take some blood, you have to spend hundreds of yuan.
Obviously, it is very difficult to maintain a normal life in an ordinary family, let alone maintain a relatively high quality of life.
In this case, the interest of the bank alone cannot meet people's daily needs at all.
It's not just about daily expenses, it's also about the fact that there are always a lot of unexpected expenses in life, such as sudden illness in the family, house repairs, or other emergencies.
All expenses are paid immediately, not 82 dollars a day.
And if you want to improve yourself and get more opportunities, the price is also quite high.
If recreation and recreation are included, although they are considered unnecessary expenses, they are the key to maintaining the spirit and quality of life.
People not only have to live, but also have culture, leisure, and socialization, which are expenses that cannot be ignored.
In such an environment, a family or an individual has to find a way to find another benefit, or to increase the income available, so as to ensure that it can at least cope with the emergency without financial difficulties.
Those who are able to benefit from bank savings should also be aware of the dangers of relying too much on one economic resource.
Speaking of inflation, how much do you know about inflation? Inflation is a period of time in which the purchasing power of a country's currency decreases due to a certain period of time, and **is constantly decreasing**. Inflation makes us pay less for the same products and services with less money on hand.
Inflation is caused by two factors, one is demand-driven, that is, the total demand in the market is greater than the aggregate, resulting in a shortage of goods and services, which in turn drives prices.
The second is the cost pull, that is, the increase in the price of products and services, which has caused the price of products and services, which has caused the price of products and services.
For individuals who live on savings, inflation not only reduces the real value of savings, but also makes it difficult to maintain the same standard of living.
Even if $1 million seems enough now, it will become insufficient when inflation continues.
As far as inflation is concerned, the most intuitive effect is the price of goods**, and more goods and services can be bought with the same money.
In other words, even if there is a certain interest rate yield in bank savings, the purchasing power of these earnings is gradually decreasing.
Thus, the interest rate, which can be used to maintain daily needs now, may only be used to purchase a small amount of goods and services in the future.
Central banks may raise interest rates to combat inflation, which means that new savings can charge higher interest.
However, since a bank's interest income does not grow with a rise in market interest rates, there is no benefit to a bank's earnings after it lowers its interest rate.
In this way, there is an "opportunity cost", that is, the money can only be deposited at less interest and cannot enjoy a higher market interest rate.
Persistent inflation will cause economic instability, which in turn will have a certain impact on corporate investment and spending. For individuals who earn a living on savings rates, such uncertainty means higher risk.
In a financial turmoil, stable earnings, while attractive, can also reduce reliability due to drastic changes in the market.
At the same time, inflation also poses a new challenge for individuals, who want to protect their assets through investment. While some assets, such as real estate or certain types of stocks, may perform well during inflationary periods, this requires a deep understanding of the market and making appropriate decisions.
The interest rate generated by bank savings alone is not a complete protection against inflation.
Therefore, in order to maintain financial security and high-quality survival in the face of inflation, it is necessary to have diversified investments and active financial plans.
These measures relate to investment opportunities that can outpace inflation, diversify portfolios to reduce risk, and regularly adjust financial strategies to respond to economic and market changes.
Only in this way can individuals better withstand the adverse shocks of inflation and thus achieve the goal of financial autonomy.
But for some rich people, a million is just a fraction, not enough for a Porsche, let alone a million.
In China, 1 million can buy a small house, or you can buy a larger rough house in a second, third, and third-tier city.
Buying a house in Beijing, Shanghai, Guangzhou, Shenzhen, and other big cities, a million can't even afford a toilet, which shows that a million is completely different in different cities, even if you have a million, you may not be able to buy a good house.
In these years, there are many people who have their own ideals, but they don't have the money, and no one is willing to sponsor them, so you can take out one million to start your first business.
You can open a restaurant, you can open a bubble tea shop, you can open a clothing store, you can open your own store, you can open your own store, you can also open your own store.
In addition, a million can also be used for some other investment and financial things.
You can use a million to invest**, bonds, etc., and you can also use it to buy insurance.
Investing and managing money can allow us to get more wealth, as the saying goes, the bigger it is, the more you will find that you must have your own judgment when buying financial products.
One million yuan can also be used for children's overseas study, so that children can learn high-tech abroad, and then return to China after completing their studies to serve the country and make our country stronger.
In the process of studying abroad, students can not only get in touch with the world's cutting-edge science and technology, but also exercise their global vision and different cultural exchange skills. In today's interconnected world and deepening cooperation between countries, the above qualities and capabilities are extremely valuable.
When those students return home after graduation, they will not only bring back their knowledge and skills, but also their knowledge and application of the best practices in the world.
They can link some advanced ideas and methods of foreign countries with China's actual conditions, and carry out cooperation in science, technology, economy, and other fields, so as to promote the reform and development of the departments concerned.
It can not only promote the development of China's science and technology, but also promote China's exchanges and cooperation with the rest of the world in science and technology and education.
In the process of studying abroad, students can form a broad network of interpersonal relationships with friends from all over the world, which will provide useful help for China's future career development and economic and trade exchanges with other countries in the world.
Their return will provide China with new ideas, new concepts, and new methods, and will play a vital role in promoting China's modernization process and enhancing its position in the world.
In today's world, with a large sum of money, it is possible to live a rich and comfortable life. However, relying solely on $1 million in interest is not enough.
The current economic situation is not good, although we do not have a stable income, we can also make money by our own efforts. If you are not willing to work, you can also work part-time through the Internet, online training and other forms, so that you can get a stable income. There is no such thing as a free lunch, no free lunch, no free lunch, and no free lunch. Finally, I sincerely wish you a clear understanding of your financial situation and make rational choices to create a better life in the future. Okay, that's all there is to it, do you have any comments? Please leave a message on the message board and hope to discuss it with everyone.