Is it really hard to come up with a million cash in a Chinese household?

There's a talk on the Internet about how few Chinese families can afford a million in cash these days. Many netizens said, let alone one million cash, you can't take out 100,000 cash. But some netizens said that there are a few who can't take it out, and there are still many families who can come up with a million cash.

So, is it really hard to come up with a million cash in a Chinese household? Yes, I think it's really hard to come up with a million cash in a Chinese family for the following reasons: the average family can't earn a million in a lifetime; The cost of living is so high that many families can't afford to come up with a million in cash.

Let's discuss in detail why it is particularly difficult for many Chinese families to come up with a million in cash.

I think those families who say they can't come up with a million cash are a minority of netizens, maybe they haven't experienced the so-called human suffering. Because the fact is that it is very difficult for many ordinary families to come up with 100,000 in cash, because for these ordinary families, they may not be able to earn a million in their lifetime. That means that if they save up all the money they spend, they may not be able to reach a million, and such families abound in China, especially in the vast rural areas.

Many families can't afford to come up with a million cash because the cost of living is too high. Even if their family's salary is relatively high, these salaries may be more than enough for daily expenses, but if you add the investment in children's education and the future purchase of a house, car and medical care for their children, it may be a drop in the bucket. At this time, you will find that the money is used where it should be, and it is impossible for the family to come up with so much cash at once.

In ordinary families, it is indeed very difficult to come up with 1 million in cash, because the annual income of ordinary families, that is, about 50,000 or 60,000 yuan, and 1 million yuan needs them to earn it for decades.

Yes, it's hard. Although China has achieved the goal of a moderately prosperous society in an all-round way, it is still very difficult to ask a family to immediately come up with 1 million yuan.

It's really hard because a lot of families have cash in the bank or use it to invest, so it's more difficult to come up with so much money at once.

It's very difficult in my hometown, the average salary in my family is less than 2,000 a month, and more than 20,000 a year, and 1 million has to go without food or drink for 50 years, so it's really difficult.

There should be more than 10 million families, and many families have most of their income in the bank, and there is not much cash.

There are not many such families, because there are many families in our country whose economic conditions are relatively ordinary, so it is difficult to easily take out 1 million cash.

There are not many families who can easily take out 1 million cash, because these 1 million may not be able to earn so much money in their lifetime, let alone easily take out 1 million cash.

In my country, there are still very few families who can easily take out 1 million cash, at least in my life circle, there are not many.

According to the relevant data of the Hurun Wealth Report, the number of families in China with real assets of 6 million is only about 5 million, but among these high-net-worth families, most of their assets are mainly reflected in real estate, car property, corporate equity, etc., and the proportion of real cash is not much, only about 20%, according to which it is estimated that if a family has 10 million cash, then the corresponding assets should reach at least 50 million or more.

However, at present, there will be no more than 500,000 households in China with assets of more than 50 million, which means that the proportion of households with assets of more than 50 million yuan is only about 100 million, which means that for every 1,000 households, at most one family has assets of more than 50 million yuan and disposable cash of more than 10 million yuan.

Just from the proportion of this number, it can be seen that with a real fund of 10 million, it can definitely be at the top living standard in the country, at least more than 99% of the people in the country.

According to the statistics in China Merchants Bank's "China Private Wealth Report", as of 2017, there were about 1.87 million individuals in China with investable assets (close to the cash assets in your question) of more than 10 million yuan, and the updated data is not available yet.

According to news reports, there are more than 30,000 people in China who currently have assets of more than 10 million yuan, and it is difficult to talk about 1 million in cash.

This question actually varies from person to person, if it is an old man who is nearly 60 years old, then 1 million is definitely more than enough, if it is a young man in his 20s, it is obvious that this is not enough, for men who need to support their families, 1 million may be just a kitchen in a first-tier city, a bathroom for the elderly, but in many rural areas, 1 million and the interest he generates can be a middle-aged person's living expenses for a lifetime.

What we are very concerned about is inflation, and the price ** will cause 1 million yuan to be insufficient in the future. Indeed, what the future will look like, no one knows if they will get sick? Will there be any emergencies? No one can know, but with this 1 million, my heart is very steady.

You can live with interest, and the rest of the money is put into a large deposit in the bank, or put it into currency** and various bonds** to generate income.

If you are a bachelor, you are nearly 50 years old, you don't have any financial burden, you are healthy, 1 million can accompany you through this life, carefree, many people after the age of 70, no longer have a particularly strong interest in food, but like coarse tea and light rice, and also see very light for friends and friends.

If you are an older bachelor among ordinary people, it is enough to take this 1 million, and you will be able to make a careful budget for the rest of your life. Lying flat is the winner.

Duxiang who can reach this level refers to families above the level of **.

According to the statistics released by the central bank, the average household assets of urban households in China are 10,000 yuan, of which real estate accounts for 70%, financial assets account for 70%, and the remaining assets are less than 10%. In addition, we can also see that the housing assets of urban households occupy the main position of household wealth, with an average value of 10,000 yuan. In this way, the real estate value of urban households other than real estate is 10,000 yuan.

In this way, it can barely reach the level of 1 million, but if you exclude car assets, it will not reach the level of 1 million, and urban households are very common to own cars. Judging from the average level, it is impossible for urban households to reach the scale of 1 million deposits, and those who can reach the level of Hutan are all families above the average level.

Now people's living standards are rapidly improving, the money in the account is also increasing, compared with ancient times, there have been earth-shaking changes, but one million for many families, that is a big number, I can't think of it, the Chinese population is so much, statistics, there are still a lot of people with a million in China, at least four percent of the Sun Defeat Ten, but this is only the total assets, not just cash, If it is true that there is a million cash in the family in addition to assets, it is not necessarily that much.

In 2016, China had a survey, at that time it was for everyone's deposits statistics, all recorded, found that most people are tens of thousands of deposits, can be 500,000 is already a minority of the minority, and millions of people are even less, although the economic development in the past two years is still very rapid, and it has increased a lot, but can save a million people at once, that still occupies a minority, because many people do not have such conditions, China's development and wealth are still represented by a small number of people, and the majority of people rarely survive.

Because whether it is a rural area or not, but we ordinary individuals, almost all of us can save money in the bank and put it there, most of the money is used to spend, and some people's money is also put in the circulation market, and if we can save this million, it is naturally good, but it is even more difficult for ordinary families to take out one million at once.

But think about it differently, if the family can reach a million, then these people are above the level of well-off families, and these families are concentrated in China's **? I think many people know the answer, yes, it is the Beijing, Shanghai and Guangzhou regions, as well as those first-tier cities.

In the second line, most people go to work honestly to get their salaries, and they can save a million that is much more than what happened after a teenager, plus now that they are married, buy a car, buy a house, and what is not money, all the money they can save is taken to the down payment, and there is no money, and then there is a minor illness to go to the hospital, which is also a large amount of consumption, so the money has always been in circulation more than dry things.

Not to mention a million, tens of thousands of people can take out very few, and most people have thousands in their hands. Now most of the young people are in the moonlight mode, the salary has just been paid, this is a very normal phenomenon, some people even have no way to end up with food and clothing, like young people who have dreams after graduation and go to the big city to develop, no money to rent a house can only choose a basement, no money to eat instant noodles every day, go to work is not afraid to take a taxi, no matter what you do, you have to save money, in order to go to work for two hours, in order to hope that one day you can survive in this city.

So there are still a lot of ordinary people, rich people are still in the minority, our country is still developing, it will take a long time to surpass the United States, but I believe that sooner or later there will be such a day, after all, China has a great advantage, a large population, a vast territory, a very high cultural base, and a particularly strong military force now!

Not much, actually. Because many families' assets are on the house, there are not many families who can have 1 million cash.

Pay off your mortgage first, and then open your own snack bar.

I would take my parents out on a trip and then invest the rest of the money.

Half of it is given to the parents, and the other half is used for the cost of study and living.

First of all, go and buy a house that belongs to you, a car that you like. Then go to do some charity to help people in need, use part of it to invest in financial management, part of it to invest in opening a small shop or studio of your own, and honor your parents, and then look for some good investment projects. ‍‍

If I have 1 million yuan in cash, I will take out 100,000 yuan for myself to spend or open a store, and the remaining 900,000 yuan will be used to support children in need or donate to poor areas.

Buying a house, with this money, I won't have too much pressure to do anything, in fact, having my own home is the happiest thing. ‍

I really have 1 million, I want to buy a store, do something, if I make money, I can help my relatives and friends around me, take in some stray cats, although I don't do much, do a little is a little. ‍‍

Buy a car of more than 100,000 yuan, take the children home to see their parents, and the rest don't want to invest, they are all saved for the children, and they will need a lot of money after reading and growing up, just plain! ‍‍

If I have a million, I want to support the children who can't afford to go to school, the poor elderly in the countryside, and the generations who still live in leaky houses, help them, and be able to build a house. ‍‍

I will buy a house directly, and then learn my own skills and work hard, so that life is getting better and better, and it has always been my dream to live a stable life, have my own house, make my own money and buy a car, without a lot of pressure, I don't have to worry about food and clothing, and occasionally save money to travel with my family to play and enjoy a good time.

If I have 1 million, donate 50,000 to the stray dog base, donate 50,000 to the nursing home, 700,000 to buy a house for my mother, buy a car of about 100,000 yuan to take my mother to the hospital to do **, and leave 100,000 yuan for my mother in an emergency. ‍‍

Nothing, keep going to work, because I already have a house, plus so much savings, and nothing has changed. It's very busy at work, there are no holidays, it's very tired, I want to quit every day when I lie down, and I continue to work the next day.