[Some Essays] Difficult passbooks, wishing not to sleep: Big talk about young people's wallet embarrassment and dream of retirement

1️⃣ Is it difficult to save money? Disaster! Where is it difficult?

Difficulty saving for young people refers to the difficulty young people face when saving money.

The difficulty of saving for young people is like eating a buffet. You only have a small plate in your hand but there are as many delicacies in front of you as the sea. You try your best to choose the most delicious dishes, but the small plate can't hold too much, you can only pick up a little at a time, and the result is either thankless or you give up. This is the difficult dilemma for young people to save money.

First of all, the problem of our salary level greatly affects our saving money. You see, it’s like the wages that the wage earners have worked so hard to get, it’s like a Bitcoin airdrop, disappearing quickly without a trace. Afterwards, there were still high housing prices, soaring prices, etc., which were like a tiger's mouth, devouring poor wages.

Second, let’s talk about advertising and temptation . It is really difficult for young people to save money! Surrounded by all kinds of gorgeous advertisements every day, it is really dizzying. You just want to save money, and suddenly find that new games, TV series, and music concerts all need to be paid for. This is like seeing a beautiful dress while shopping, as if you are sorry for yourself if you don't buy it. The deposit plan suddenly came to naught.

In addition, the consumption concept of some young people is also a problem. We always subconsciously believe that only luxury goods can show off our social status. It's like if we use deposits as a metaphor, it seems to be playing on a seesaw. What goes up is always our desire to buy, but what goes down is always our deposit amount. It is difficult to achieve even the most basic balance in the savings plan!

Coupled with the anxiety of young people about the future , when you ask whether you want to save money, I think it is more like asking yourself whether you want to eat spicy strips. I know it's not good to eat too much, but why can't I stop? So, I spent a lot of money to buy spicy noodles, but I never paid attention to the days when I might be abused by poverty in the future.

To sum up, there are various reasons why it is difficult for young people to save money. But there is one thing I have to remind everyone, deposits are different from eating buffets! The saved money will not disappear, but will become more and more. Therefore, we young people must have self-control, bravely pick up the big plate, and put the delicious food in it bite by bite. Believe me, after a long time, your deposit will definitely become the most delicious dish in your life! After all, if you have money, you have the confidence to do anything~

Therefore, unstable income, high cost of living, some friends’ loan pressure, lack of savings awareness, lack of financial knowledge and financial management skills, social pressure and consumption concepts, and lack of investment opportunities all hinder us from making a fortune~

I guess Mr. Li Bai would have to drink a glass of wine when he thought of all these things, so he couldn't help reciting a poem to the moon, calling out:

The salary has not risen for many years, and the rent and loan are paid on time.
Water, electricity and gas are paid every month, and it costs a lot to get sick.
Food and drink crowded the subway, and prices soared and couldn't rise or fall.
Occasionally buy a skin for the game, and the VIP audio-visual is very good.
Busy and anxious about consumption, thinking about where to go in the future.

Well, we know that the difficulty of saving for young people is caused by many reasons. Although there are many difficulties, understanding these problems can help us design corresponding solutions, such as providing financial education, promoting the transformation of social consumption concepts, and providing more savings. and investment opportunities, etc.

If you want to improve your economic conditions, you should not only rely on the help of external factors, but also rely on your own active struggle. The purpose of the above is to help young people overcome the problem of deposits and help you and me realize "common prosperity" as soon as possible.

2️⃣ Some suggestions on how young people can save money and manage money

When it comes to saving money for young people, like losing weight, we're always hopeful, but often tempted. Don't worry, I have some suggestions for your reference.

1. Avoid making the "bus" mistake : Imagine your monthly paycheck as a bus, and you make sure all the passengers (expenses) get on, and then you. Don't let video games, shopping sites, or other seemingly attractive things become "black cars," get in first and take your precious seat. Let those less important things "walk away"!

2. Know what it means to spend "Mediterranean" : Don't let your money disappear without a trace like a luxury cruise ship bound for the Mediterranean. Control your actual living expenses and allocate funds wisely. Imagine you're planning a menu with a big appetite, and you need to choose and balance food carefully to ensure satiety while enjoying a delicious meal without creating waste.

3. Snacks vs. Long-Term Investments : We all love snacks, but snacking alone isn't doing your body any favors. Likewise, focusing only on short-term purchases and FMCG can undermine your financial health. Imagine you compare saving to a healthy energy bar, not a snack. They may not be that exciting, but the energy they give you is sustainable and, over time, can benefit you even more.

4. Orion and Money: Fixed Expenses : Even if you're an adventurous and free-spirited young person, it's important to be proactive about your fixed expenses. Divide your monthly income into several parts to pay necessary bills and expenses, like the Orion constellation always guiding you. This type of planned spending can ensure that your financial life will never feel like falling into a money pit.

5. Cleverly use the "radish pit" rule : We all know that "an apple a day keeps the doctor away", but you can also manage your money by "an apple a day keeps financial crisis farther away". Depositing a small amount of money every day will not keep the doctor away like Apple, but it will guarantee you a certain degree of financial freedom in the future.
   
   

3️⃣ Some experiences and views on Naked Ci

First of all, naked speech is nothing new. Everyone has a bored, frustrated, or flawless inner heart, and at one time or another, they have thought about giving up naked. Of course, a small number of people can successfully resign naked, such as the second generation of small rich second-generation businessmen (they don’t care at all), and a small number of people with outstanding academic qualifications, abilities, and experience (the ability to quickly find new jobs). But for the general public, especially in this bullshit market, naked words are not a wise choice.

Take a look at your friends and colleagues, many of them have tried it naked. What was the result? Just like Li Bai, "raise your head to look at the bright moon, bow your head to think of your hometown". At first, they were free to travel across time, sleep until they woke up naturally, and planned to start a business with great enthusiasm. But it didn't take long before I got tired of cold food, my wallet was bottomed out, and the phone calls for various loan collections kept ringing, and I realized that I was in a terrible predicament.

Let's look at it from various angles:

In terms of the most basic financial aspects, you must have sufficient reserves before you dare to resign naked . If all you have in the bank is a cup of milk tea, don't adopt an empty cup to adopt a pet penguin!

There is also the psychological aspect , we know that people have different tolerances for uncertainty. But after the naked resignation, heaven and hell may come at the same time, and you will be forced to contact all kinds of nasty phone calls demanding debts. Can you make sure to maintain a strong state of mind that is less negative and anxious in the gap after the naked resignation ?

Furthermore, social life will also be affected. Imagine being at a friend’s party and you tell other people, “I’m a freelancer now,” and they all burst into laughter: “Freelancer? You got fired by your boss and have nowhere else to go!” Like this Can you bear the embarrassment? Whether it is family or friends, how many people can really listen to your difficulties and plans ?

Of course, naked speech may be a manifestation of courage in some occasions. For example, you once worked in a restaurant and were driven crazy by the annoying nagging chef every day. Then, naked words become the best way to fulfill your peaceful life. In fact, the smarter way is to find the next job before the naked resignation, so that you don't have to suffer from the "freelancer" joke at the boring party.

Finally, let us give an empirical suggestion about Naked Ci: unless you really can bear it, or are chased by a Kung Fu master and have to run naked, otherwise Naked Ci is better to be careful. After all, put on your clothes and keep your panties on and you can avoid embarrassing situations and calloused scalps with a shaved head. If you have other options, put on your overalls and take on new challenges!

4️⃣ Who doesn’t want to save enough money to retire early? But how much do you have to save?

Haha, the topic of early retirement is really enviable and exciting! Who doesn't want to throw away the shackles of work early and welcome a free life?

First of all, we don't want to squeeze the subway or bus every day , and we don't want to be woken up by the alarm clock . Retiring early is liberating yourself. You don’t have to worry about being in a hurry in the morning, you can lie in bed more and have more sweet dreams!

Second, who wouldn't want to say goodbye to those stressful work tasks ? Instead of having to deal with annoying bosses and long-winded colleagues, we can easily fly among the blue sky and white clouds like a carefree bird.

Also, early retirement means we have more time to spend with family and friends, and to pursue our hobbies . No longer miss every important moment of children's growth, and enjoy the warm time spent with the family, how can this not be expected?

but but but, money is the key to early retirement! Save enough wealth to spend retirement easily. Imagine, with money, we can travel around the world, taste delicious food, and experience all kinds of wonderful things... Thinking about it, we will be very happy. Of course, if you are very thoughtful, you will not forget to invest in yourself, learn new skills, broaden your knowledge, improve your life path, and so on.

So, by all accounts, who wouldn't want to save enough to retire early? This is a goal that often makes people look forward to and joy. After all, life is short, so why work hard until old age? But the question of how much to save for retirement is not that simple. Like choosing a takeout menu, everyone's needs are different. You know, unlike a painting, I can't give you a fixed number to solve this problem, but I can give you some interesting ways of thinking to help you.

First, how much to save in retirement depends on your expected standard of living . Do you want to live a luxurious life like a movie star? Or do you just stay at home and watch dramas and play games? The money needed in the two cases is completely different.

OK, now let's assume you just want an easy and comfortable retirement. So depending on factors such as your age, working years, and monthly expenses, how much money do you need each month? You can get serious and list all the expenses, then add (optionally) the cost of new shoes or a husky dog, and calculate over 25 to 30 years.

It sounds difficult, don't worry! Let me give you some pointers: If you need $3,000 a month to cover all your expenses, you'll need about $900,000 in savings to plan for a 25-year retirement. If you're ambitious and want to spend $5,000 a month, you'll need to deposit $1.5 million.

Of course, there are other factors to consider such as your ROI and inflation etc. After all, we can't ignore the impact these naive-looking little guys have on your retirement plans. So, don't expect to solve the problem with just one standard answer.

To sum up, how much money to save for retirement depends on individual needs and various factors, not fixed. Don't worry, understand your goals, expenses and investment plans, Jiang Taigong's fishing volunteers will be hooked! Remember to stay optimistic and enjoy life while maintaining good financial health!