Why do you get older and have no savings?

The absence of deposits means that income and expenditure are almost equal. At this time, you need to control your spending limit and accumulate a good deposit in case you need it. For example, if a family member or oneself suddenly falls ill or is hospitalized, it is a terrible thing to have no savings at this time, and it will also make people regret it.

The harder you work, the more likely your income will increase, but the deposit is the result of deducting the expenses from the income, and if the expenditure is large, the deposit may not necessarily increase! There is also a well-known phenomenon called "the rich get richer, and the poor get poorer"! In fact, there is also a basis, because the rich people have a lot of resources in society, and these resources will continue to create new wealth!

So, sometimes you don't have to work hard to become rich!

When you earn a lot, you must find a way to save, some people earn more and consume more, plus rent plus all kinds of purchases, there will definitely be nothing left, you have to plan for your money, and when you are poor, you have to spend money on the blade. In short, you still have to work hard to have a way out, and if you don't work hard, you won't make money, and this society still leaves a lot of opportunities for people who can toss.

In terms of consumption, it is recommended to have a financial plan, short-term and long-term investment, or regular investment**, or use it for self-education and training, and also make a certain plan in terms of medical security, and have a variety of income** is the most important thing. While ensuring the completion of basic work, it is recommended to further the vocational skills required for the work, and the skills are not overwhelmed. Or learn a new skill that meets the needs of some people, such as writing and writing, art, makeup, etc.

If you don't want to work hard and don't want to share it with your boss, then your efforts may be fake diligence, that is, it seems that there is no efficiency and quality in the work, no matter how hard you work, there is no way out.

Every time I said that I would buy something for my parents, my parents would stop me: "We don't lack anything, child, you can save some money, this age is not too young, how can you do it without some money in your hand." "I also know that I should save some money, but in fact, I still live a life of "worrying about electricity bills at home and worrying about rent at work".

Completely non-existent.

According to data from China's central bank, RMB deposits fell by trillions of dollars in April. In addition to the increase in housing deposits, the scale of incremental personal savings and off-balance sheet and net increase in public is less than 100 billion yuan, and the structural differentiation is more obvious.

This means that some people's savings may flow to other investment channels, such as **, **, wealth management products, etc.

It's also possible that some people have chosen to prepay their loans or spend money instead of depositing them in a bank account.

For the reasons for the decrease in residents' savings, in addition to the increase in personal financial management needs, it may also include the following aspects:

Increase in consumer demand: With the development of the economy and the improvement of people's income level, people's consumption demand is also increasing. Some people may choose to spend early or ahead of time instead of putting their savings in a bank account.

Capital Market Investment Returns: In some ** and ** markets, some investors may obtain higher returns, which will also cause some residents to convert their savings into investments.

Unstable economic situation: During some periods of economic instability, residents may reduce their savings to maintain liquidity and avoid excessive capital flowing into a few high-risk investment areas.

In short, there are many reasons for the decrease in residents' savings, and it is necessary to comprehensively consider factors such as personal investment needs, consumption habits, and the economic situation.

Hello, the decrease in residents' deposits in April may be due to the following reasons: draft.

1.Prepayment: Against the backdrop of declining deposit rates and rising mortgage interest rates, some residents chose to repay their mortgages early, resulting in a decrease in household loans.

2.Seasonal factors: At the end of the first quarter of each year, commercial banks have the need to flush deposits, resulting in the outflow of residents' deposits from banks or the transfer of wealth management at the beginning of the second quarter.

3.Consumption rebound: Affected by the epidemic, residents' consumption demand was suppressed last year, and this year, with the effect of epidemic prevention and control, residents' consumption expenditure has increased.

4.Risk appetite rebounds: With the improvement of the economic situation, the attractiveness of investment channels such as **, bond market, and wealth management market has increased, and residents will sell part of their deposits for investment and wealth management.

In short, the decline in deposits may be the result of a combination of loan repayments, increased consumption and changes in investment orientation.

1.Economic recovery.

As the domestic economy gradually recovers and people's incomes and employment conditions improve, some people may choose to use their savings for investment or consumption rather than continue to save in the bank. At this time, the reduction in household deposits can also be seen as a positive sign of economic recovery.

2.The impact of the real estate market.

The real estate market is one of the pillars of our economy, and some homebuyers may need to use their savings to make a down payment and a loan. The state has regulated the real estate market, including policies such as purchase restrictions and loan restrictions, which may cause some home buyers to need more savings to pay for home down payments and loans, resulting in fewer deposits.

3.Consumer spending increases.

As the economy recovers, household consumption spending increases, and the funds used to buy durable consumer goods such as home appliances and automobiles are withdrawn directly from deposits, which is also one of the reasons for the decrease in deposits.

4.The impact of financial markets.

With the continuous development of China's financial market, people have more choices for financial management and investment. Some people may transfer their deposits to other investment channels, such as **, **, etc., to get higher returns.

5.The impact of bank interest rates.

The bank's deposit interest rate is an important factor affecting people's saving behavior. If the bank's deposit interest rate is too low, some people may choose to transfer their deposits to other financial products instead of continuing to store them in the bank. The reduction in bank interest rates may also be one of the reasons for the decline in household deposits.

6.The demand for capital from enterprises has expanded.

With the resumption of production and business activities, the demand for capital is also expanding. Many residents choose to invest part of their deposits in corporate wealth management products to obtain income, which has also led to a decrease in residents' deposits. We need to look at these factors rationally, and at the same time, manage our assets scientifically and rationally to ensure that our financial health is good.

Recently, the news that residents' deposits decreased by one trillion yuan in April has attracted widespread attention. This phenomenon makes people wonder where the money goes. Here are some possible reasons:

1.Investment and financial products: With the enthusiasm of investors for financial products, some residents' deposits may have flowed into the financial market.

One might think that investing** and other financial products has a higher return, and the reputation is that they invest their savings in these areas.

2.Real estate market: The real estate market has always been an important investment area for Chinese residents.

The relaxation of real estate and lending policies may have attracted a large number of residents' deposits into the real estate market. Some residents may use their savings to buy real estate, resulting in a decrease in their savings.

3.Consumer spending: With the recovery of the domestic economy and the growth of household income, consumer spending is also gradually picking up. Some residents may use their savings for shopping, travel, education and other consumption areas, resulting in a decrease in deposits.

4.Entrepreneurship and venture capital: In recent years, the state has encouraged mass entrepreneurship and innovation, so some residents may use their savings to start a business or invest in a start-up. This helps drive economic development and job creation.

5.Investment in the real economy: Some residents may use their savings for investment in the real economy, such as buying businesses**, investing in real enterprises, etc. This will help support the development of the real economy and promote industrial upgrading.

6.Investment in education: As the level of education increases, more and more families are willing to invest more in education. Some residents may use their savings to invest in their children's education, such as enrolling in training courses, studying abroad, etc.

7.International Investment: With the rise of China's economy and the acceleration of the internationalization of the RMB, some residents may invest their deposits in overseas markets, such as buying foreign **, bonds, etc. This helps to improve residents' asset allocation and diversify risks.

To sum up, the reasons for the decrease in residents' deposits may be multifaceted. More data analysis and economic research are needed to better understand where the money is going. However, these reasons also provide us with a perspective on how China's economy is developing and how residents' investment behavior is changing.

There are two reasons for the decrease in residents' deposits: 1. The deposit interest rate has been lowered several times in a row, and it is getting lower and lower, and depositors cannot bear the interest rate that is too low. In 2022, deposit interest rates have undergone two major reductions, and many small and medium-sized banks in Hubei, Henan, Guangdong and other places have seen deposit interest rate reductions this year.

Recently, there has been another wave of reduction in deposit interest rates, starting from May 15, the self-discipline upper limit of bank agreement deposits and call deposits will be lowered, the self-discipline upper limit of the four major state-owned banks' agreement deposits and call deposits will be reduced by 30bp, and the decline of other financial institutions will be 50bp The month ****, bank wealth management has slowed down, and deposit funds have moved. In April, driven by the "China Special Valuation", the central state-owned enterprise stocks were significantly driven, and the trading volume was also significantly enlarged, and investors bought them with bank deposits. This also reflects the positive information from another point, the scissor gap between M1 and M2 narrowed in April.

I have said many times in the previous article that M1 is mainly current money, M2 is mainly regular potatoes with money, and the narrowing of the scissors difference between M1 and M2 indicates that the money has begun to flow and become active, which is a good thing for the real economy, **, and the property market. In addition, in April, the yield of bank wealth management was also good. According to the data of Puyi Standard, the average annualized rate of return of wealth management companies in the past one month (mainly in April) of open-ended fixed income wealth management products (excluding cash management products) is ** percentage points month-on-month.

In the current situation, the reduction in resident deposits is not a bad thing. Deposits are one of the most conservative investments, and the property market is an offensive investment. Only by allowing residents to dare to consume and invest can China's economic recovery be sustained and residents' incomes grow, instead of entering a vicious circle of "saving less and less".

In addition, there are two sets of data to pay attention to in April: 1. In April, new loans to residents decreased by 241.1 billion yuan, of which short-term loans decreased by 125.5 billion yuan and medium and long-term loans decreased by 115.6 billion yuan. Deposits are decreasing, loans are also decreasing, but they are in a big uproar, indicating that the recovery of the property market is far from enough, the desire to buy a house has not increased significantly, and the mortgage has not come up In April of this year, residents' consumption **year-on-year**, a month-on-month decline.

In April 2023, the national industrial producers** saw a year-on-year decline and a month-on-month decline. Whether it is industrial supplies or daily necessities, it is declining, indicating that the investment desire of enterprises and residents is not very high, and the money that has decreased in residents' deposits is mainly entering the consumer market.