Inflation is rising; how do you manage your finances?
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Inflation is rising; how do you manage your finances?
I can’t afford to buy a house, I dare not invest in stocks, let alone futures. Funds don’t generate any profits, and I’ve never explored options like jade, agarwood, or purple clay teapots. So I just buy some simple financial products that offer a return higher than the regular interest rate, and that’s good enough for me.
The moonlight – with no money to manage – is determined to start saving now
Same as floor 2. At the beginning of 2008, seeing that everyone who invested in funds was making some profits, I became interested as well, and so I’m still stuck in that investment to this day; fortunately, it’s only a few thousand dollars. What can be done now, even if interest rates are low and CPI is high?
We only have a few tens of thousands of yuan, which we’ve all deposited in the bank. With such a small amount of money, it’s not even enough to cover the down payment for a house; investing in stocks is nothing but gambling. Without access to insider information, one is simply like meat on a cutting board