Is it really easy for ordinary people to want to save 1 million? In today's society, with the rising cost of living, many people are paying attention to their savings and investments. Among them, saving enough 1 million has become a goal for many people. However, is it really easy for the average person to achieve this goal? This article will analyze this issue, I hope it will inspire you.
We need to clarify the definition of "ordinary people". By this, I am referring to the working class, i.e., the non-high-income group. According to the National Bureau of Statistics, in 2020, the average salary of employees in urban non-private units in China was 97,379 yuan, and the average salary of employees in private units was 53,604 yuan. This means that most people's income levels range from a few thousand yuan to more than 10,000 yuan.
So, is it easy for such ordinary people to save 1 million?
Let's do the math. Assuming that an average person's monthly salary is 8,000 yuan, then the income over the course of a year is about 96,000 yuan. It will take at least more than 11 years to save enough for 1 million. This does not include expenses such as living expenses, rent, etc.
Considering the cost of living, it is not easy to save 1 million. Taking China's first-tier cities as an example, rent, catering, transportation, entertainment and other expenses have accounted for a large part of income. In this case, it is even more difficult to save 000000.
We also have to take into account the impact of inflation. Over time, the purchasing power of money gradually decreases. This means that the real purchasing power of 1 million may be significantly reduced in the future. Therefore, we also need to fight inflation and maintain and increase the value of assets through investment and other means.
So, for ordinary people, how can they achieve the goal of saving 1 million?
We need to establish a correct concept of saving. Saving isn't just about saving money, it's about financial planning and lifestyle. We should learn to rationalize our income and expenses, reduce unnecessary expenses, and spend more money on saving and investing.
We can achieve the goal of saving 1 million by increasing our income. This can be done by improving your skills and abilities, by getting a promotion and a raise, or by working part-time, investing, etc., to add additional income**.
We also need to learn to invest. By investing, we can make money and improve the efficiency of the use of funds. Of course, investment is risky, and we need to make rational investments on the basis of understanding and mastering investment knowledge.
For ordinary people, saving 1 million is not easy. However, as long as we have the right concept of saving, plan our finances reasonably, and work hard and invest, it is not impossible to achieve this goal. What are your views and suggestions on the issue of ordinary people saving 1 million? Welcome to leave a message in the comment area to discuss and jointly contribute to financial planning and investment and financial management.