Three minutes later, Zhao Qianqian sat upright on the floor, holding a pen in one hand and a notebook in the other, listening carefully.
Yun Luo spoke slowly, "What is financial management? What is investment?"
"In my opinion, financial management is the management of personal finances. For example, you can cut your monthly expenses now and save cash for future use, such as taking exams/getting married/having children in two years."
"Investment is for capital appreciation. If you can outperform annual inflation, your wealth will not shrink."
"If you want to save more, you can either increase income or cut costs. But if you cut back to a certain point, your expenses can no longer be reduced, otherwise your quality of life will be too poor."
"After working for a certain number of years, you will hit a career ceiling and will not be able to get promoted. In other words, after reaching a certain age, it is difficult to significantly increase your income just by doing your job."
Zhao Qianqian nodded in agreement, "That's right. The position has not changed in the past two years, and the basic salary has increased by 100 per year, which can only be said to be better than nothing."
What does it mean to increase the basic salary by 100? The annual salary increase is less than 3%, which is far behind inflation.
"If you want to increase your income, you can either do a side job after get off work or learn about investment," Yun Luo continued.
"Human energy is limited. Excluding eight hours of rest time, even if all the remaining time is used, you can only work for sixteen hours."
“So learn to use money to make money.”
While taking notes diligently, Zhao Qianqian interjected, "I saw this when I was reading a book on financial management. If you have passive income, you don't need to spend too much time and energy, and you don't need to take care of it, you can get income automatically."
"Yes." Yun Luo nodded slightly, "Real estate rent, stock dividends, bond dividends, and even deposit interest are all passive income."
"If you can get a stable passive income of 10,000 yuan every month, then even if the host loses his job, he doesn't have to worry about the family's financial problems."
It sounded quite tempting, and Zhao Qianqian admitted that she was tempted. However...
"Investment is risky, so be cautious when entering the market." She chanted the cross mantra, trying to stay calm.
"It's not safe not to invest, and there's a risk of family wealth being eroded," said Yun Luo.
Zhao Qianqian, "..."
The more she learned, the more she realized how difficult it was to be a human being.
When you are living paycheck to paycheck or have a little money in hand, you don’t have to think about these things at all. The more money you have, the more you worry about depreciation.
"After buying a new house and renovating it, there will be some money left from selling the house, right?" Yun Luo asked.
Zhao Qianqian nodded, "I have exactly 300,000 left, and I have bought a three-month fixed-term financial product."
“The shops around residential buildings are not expensive. You can buy one if you have the chance.” Yun Luo gave his last suggestion.
Zhao Qianqian looked struggling.
Before investing, the average person (ordinary investor) must assess their risk tolerance level.
From low to high, they are A1 (conservative/cautious), A2 (sound), A3 (balanced), A4 (aggressive/active), and A5 (radical).
Zhao Qianqian took the test and her score was A2.
You can only buy lower-risk products. The probability of losing principal is extremely low, and the probability of not achieving expected returns is extremely low.
Buying a shop was not part of her plan.
In addition, the system never said things like "you will definitely make money if you buy it", so she couldn't help but tremble at the thought that she might end up losing money after buying the shop.
"It's your life, you make the decisions." Before he finished speaking, the man in the suit disappeared.
**
【Extra】
Five years later.
It's the end of another year, and colleagues get together to discuss things.
"I heard that the company is in a bad state this year, so the year-end bonus is smaller than usual."
"Where did the news come from? Is it true?"
"The finance department accidentally let it slip, so it must be true."
"The year-end bonus in previous years was just over 10,000 yuan, but this year it's less than usual. How much is it? 9,999?"
"Stop joking, let's be serious," said a male colleague, who was worried. "I have a mortgage and I look forward to the year-end bonus all year long so that I can buy something big for my family. Now that the bonus has shrunk, how are we going to live in the future?"
"My children go to kindergarten and training classes, and they also need money!" another female colleague interrupted.
"I have made a shopping list and am just waiting for the money to arrive." Xiao Xu, who graduated this year, is half looking forward to it and half worried. He has just joined the company and does not know how much the new employee's year-end bonus will be.
Among all the people, only Zhao Qianqian was the calmest. She listened to everyone quietly, without any sign of anxiety between her brows.
Xiao Xu saw it and asked curiously, "Sister Zhao, aren't you worried?"
Before Zhao Qianqian could answer, someone said sourly, "Why is she in such a hurry? She is lucky. She bought a shop in the northern part of our city before the housing prices went up. Now she sits and collects rent every day. Even if she is fired by the company, she will not have to worry about having no food to eat!"
"The north?" Xiao Xu's eyes widened. "In recent years, the municipal government has vigorously developed the area. The housing price in the north is 18,000 yuan per square meter, almost catching up with the city center! I heard that the commercial area is particularly prosperous."
"Yes, a small shop of 20 square meters with a monthly rent of 4,000 yuan, and many people are scrambling to rent it!" The man became more and more envious and jealous.
Zhao Qianqian modestly said, "It's just good luck."
"A few years ago, a friend recommended that the north might develop in the future. The current housing prices are cheap and it is worth buying. I believed it and bought a small shop there."
"Who could have expected that five years later, the north would have developed so well? If I had known, I would have sold everything I had to buy a few more houses."
"Oh, it would be nice if I had a friend like this." The female colleague sighed, "Only after raising a child do you know what it means to burn money. The salary of a couple is not enough to spend!"
The male colleague added, "The most desperate thing is that as the length of service increases, the salary not only does not increase, but has a downward trend..."
The more they talked, the more sad they felt. They wanted to curse, "What a crappy company! I quit!"
But in fact, their salaries in this city are much higher than the average. If they leave, the salary level of their new job is likely to be lower than the current one.
So on the one hand, they feel dissatisfied with the reality, but on the other hand, they are powerless to change the status quo and make the situation better, and in the end they can only worry alone.
Zhao Qianqian listened patiently to her colleagues' complaints and rarely spoke herself.
No one knew that she owned not one but two shops.
After the system disappeared, out of trust in Yun Luo, she gritted her teeth and bought a small shop.
At that time, housing prices were cheap, with shops costing 13,000 yuan per square meter, and 20 square meters costing only 260,000 yuan. Even with taxes, it was only 270,000 yuan.
After that, she continued to live the same life as before, saving money in money funds when she had money and reading more books when she had nothing to do.
At first, there was a contact number on the door of the shop, but after three months, someone contacted her and said they wanted to rent the shop. The rent was not high, only 10,000 yuan a year.
The annualized rate of return is only 3.7%. If the three-month vacancy period is included, it will be even lower, not much different from money market funds.
Zhao Qianqian just treated the money as a deposit in the bank and continued to live her life peacefully.
A year has passed.
In the second year, the tenant took the initiative to renew the contract and said he was willing to pay 12,000 yuan as rent for the next year.
At that time, there were not many residents in the residential building, and it was not very popular. Considering that there would be a vacancy period after the replacement, Zhao Qianqian agreed.
Who would have thought that in the summer, surrounding shopping malls would open with big sales, the event lasted for seven consecutive days, and it instantly became very popular!
Soon after, the government announced the expansion of the subway and arranged the subway entrances and exits near the shopping mall.
House prices in the north are rising rapidly, as fast as a rocket taking off.
Zhao Qianqian tasted the sweetness of renting out a shop, and at the same time found that the funds on hand were enough for the down payment, so she simply took out a loan to buy another one.
It is still 20 square meters and is still surrounded by shops. The only difference is the price.
The price was 260,000 yuan when purchased a year and a half ago, and 340,000 yuan when purchased a year and a half later, a price increase of about 30%.
This is what Zhao Qianqian thought. The annual rent is 12,000 yuan, and the interest rate is 3%-4%, which is about the same as depositing money in the bank.
Under normal circumstances, the increase in real estate prices can outperform inflation. It is better for her to buy a shop than to hold the money in her hands and wait for it to be diluted.
Results! At the end of the year, the government introduced a series of policies to vigorously develop the north!
Countless merchants flocked in.
House prices are rising rapidly.
Whether for investment or self-occupation, residential houses were snapped up.
Zhao Qianqian initially thought that the price of 340,000 yuan for a 20-square-meter shop was too high and she hesitated. But at the end of the year, several people offered 380,000 yuan, hoping that she would transfer the shop!
After a brief wait and see, the offer became 400,000.
Thinking that she was timid and didn't dare to touch other investments, Zhao Qianqian finally decided not to sell it. She wanted to keep the shop and collect rent.
As it turned out, the decision was correct.
In just a few years, the shop rent has increased from 12,000 to 48,000, almost catching up with the salary.
You know, her monthly salary is four or five thousand, her year-end bonus is over ten thousand, and her annual salary is sixty thousand (after tax), which is considered a high salary in this city.
But if you buy the right shop, you don’t have to worry about anything. You just need to raise the price and renew the contract when it expires, and the rent will be deposited into your account. It is many times easier than working.
Although one of the rooms was purchased with a loan, the monthly repayment is 3,000 yuan and the monthly rent is 4,000 yuan. The rent alone can cover the repayment amount, so there is no need to worry about it.
Therefore, when people reach middle age, while other people become more and more tired, Zhao Qianqian becomes more and more relaxed.
After she had enough money, she could even give her mother two thousand yuan every month so that her mother could eat, drink and have fun, and she no longer had to live in poverty and pinch pennies.
"Can you... lend me some money?"
The voice interrupted Zhao Qianqian's thoughts. Looking back, it turned out to be Shen Nianzhi.
Ever since Zhao Qianqian said that she was in debt and had to save money to repay it, Shen Nianzhi never contacted her again.
Only then did Zhao Qianqian see clearly that they were just drinking buddies. Apart from eating, drinking and having fun, they ignored each other at other times.
To be honest, after she had cut off her relationship with Shen Nianzhi, Zhao Qianqian was really relieved. No one was bewitching her anymore, and no one was tempting her to spend money anymore.
It was thanks to her frugal life during those years that she was able to get a loan to buy a second shop. Otherwise, she wouldn’t even be able to afford the down payment!
My thoughts accidentally strayed, but I saw Shen Nianzhi biting his lip, his voice hoarse, “I’ve been having trouble making ends meet recently, I want to borrow some money… Not too much, 10,000 or 20,000 will be enough.”
"You're married, but you still haven't prepared any emergency savings?" Zhao Qianqian was a little surprised.
Shen Nianzhi lowered his head, feeling indescribably embarrassed.
When you are young, you spend lavishly and your life is indeed comfortable. But as you get older, the disadvantages gradually become apparent.
First, it is easy to go from frugality to luxury, but difficult to go from luxury to frugality. Once she has formed a habit, it is difficult for her to control herself and cut down on her spending.
Secondly, among her peers, those from similar families thought she was too good at spending money, and those from better-off families looked down on her. So they kept breaking up and getting back together until she was 30, and finally she met her current husband through a blind date.
It was originally agreed that the man would pay for the down payment and they would use the provident fund to repay the loan after marriage. But after getting married, I found out that one-third of the money used for the down payment was borrowed...
They had already obtained their marriage certificate, so they couldn't divorce. So the young couple lived frugally and paid off their debts together.
Recently, a creditor was pressing for money. After scraping together some money, she still had a shortfall of more than 10,000 yuan. She asked around and no one knew her, but none of them had any spare money. As a last resort, she could only ask Zhao Qianqian for help.
All the old employees in the company know that Zhao Qianqian was born with a good life. Not only did she buy a shop when the house price was low, but she also met her rich husband who was keen on buying houses.
Zhao Qianqian has a shop, and so does her husband. It's a street-front shop with a larger area. They also have a new 120-square-meter three-bedroom house, all of which are fully paid.
The two of them came from similar families and had similar values, so they got married less than half a year after they met.
Many people joked that Zhao Qianqian only came out to work because she had nothing to do at home, otherwise she would have gone home to be a full-time housewife long ago.
Shen Nianzhi couldn't understand. They were in similar situations at the beginning of graduation. How come after a few years, one was in heaven and the other was in hell?
Seeing that the other party didn't speak, Zhao Qianqian sighed in her heart, "When the year-end bonus arrives, I will transfer 10,000 to you."
"Thank you." Shen Nianzhi said in a very low voice, "I will return it to you immediately when I have more money."
"Okay." Zhao Qianqian agreed casually.
Once the money is given out, you should be prepared that you may not get it back.
The reason why he helped Chen Nianzhi was not because of old feelings, but to accumulate virtue and do good deeds.
She always felt that the greatest luck in her life was encountering a system called "Yunluo" when she was 26 years old.
She is willing to repay this good fortune bestowed by God by doing good deeds for the rest of her life.
The author has something to say:
Reader's Science A:
The reimbursement for medical treatment varies by disease and person. If you are older, you will be reimbursed more. My grandmother was hospitalized for surgery two years ago and the medical treatment was reimbursed for more than 90%. However, some of the expenses were deducted when paying the fees, and some were reimbursed after taking the materials.
**
Readers' Science B:
The younger the insured age, the better, with lower premiums and higher coverage. Otherwise, similar products have high premiums and low coverage, and the premium is higher for men than for women.
Before buying insurance, read the insurance terms, insurance period, and payment years carefully. Do not cancel the insurance casually after purchase. The cancellation price is based on the current price, which is very low!
If you have a record of hospitalization, you must make additional notifications, otherwise the subsequent claim may be rejected or the claim may be considered to be a malicious fraud!
The claim settlement depends on the deductible, many of which are 10,000, which means that if you spend less than 10,000, you will not be reimbursed. If it is more than 10,000, you have to file for social insurance first and then commercial insurance. Be sure to keep the receipts and stamp them with the official seal!
Also, when buying insurance, remember to designate the beneficiaries, who must be direct relatives: spouse, parents, and children. It is recommended not to move your household registration after marriage, as the marriage certificate can be used as proof. However, now is really the time for you to prove that your father is your father.
**
[Countless examples prove that those who say they can make money are all liars]
[The most classic case, P2P said they are risk-free and as safe as Yu'ebao (will write about it in detail later)]
[The data in this chapter are housing prices from several years ago and are not currently of reference value]
**
Author's Science
Deposits have two functions:
1. Emergency response
2. When investment opportunities come, you have the opportunity to get on board
[I want to say shamelessly that I hope this article will be helpful to everyone’s life (crawl away with the pot lid on your head)]
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