I have a friend who earned more than 5 million a few years ago. He didn't buy a house, stocks, or various financial products. He only bought a car worth more than 200,000 yuan as a commuter car. He deposited all the money in a commercial bank, withdrew the interest every year, and continued to deposit the principal.
#safewallet钱包可以做到。人性很难。。。。。 #SAFE
He once said: If I want to buy a house, I can afford it. It's not that I don't want to buy it. My 5 million was deposited in the bank for five years. The interest rate is 4%, and the annual interest is 20, which is equivalent to 16,000 yuan per month. I rented a house in Linping, Hangzhou, with three bedrooms and one living room, more than 100 square meters, and the monthly rent is 3,000 yuan, which is only 36,000 yuan a year. The remaining 160,000 yuan is enough for my family of three.
Hangzhou's housing prices are so high, and there is no good location for buying a three-bedroom and one-living room with 5 million. Now I rent for 20 or 30 years, and my 5 million is still 5 million, and our family lives in such a big house, which is very cost-effective.
My friend is really wise. He keeps the cash in his own hands. I am miserable. I am not as good as him. After so many years of business, I have only saved more than 1 million yuan. I am determined to buy a house. I paid all the down payment. After the house was delivered, I spent money on decoration and home appliances. I spent all the money. I still have to continue to do business to pay the mortgage and support my family. My life is very tiring.
I envy my friend so much. I wish I had his awareness earlier!