What do you think of the survey saying that half of young people have less than 100,000 deposits?

Recently, a survey said that "about one-fifth of young people have a deposit of less than 10,000 yuan. A deposit of 100,000 yuan is a "threshold", and a deposit of more than 100,000 will exceed 53.7% of the people." "Youth" "deposit "The collision of the two words has attracted widespread attention and discussion. Do you think it is difficult for young people to save money?

1. Which range is the current deposit in? Do you find it difficult to make deposits?

2.1 Your own status

I am currently a graduate student in Hangzhou, and my current deposit is less than 30,000 yuan.

I think it is difficult to make a deposit in Hangzhou. The following are some of my views and opinions:

1. High cost of living: As a rapidly developing and prosperous city, the cost of living in Hangzhou is relatively high. Rent, overhead and other living expenses can take up a large portion of your income, making savings limited.
2. High housing prices: The housing prices in Hangzhou are relatively high, and the pressure to buy a house is also high. If you are faced with the need to buy a house, you may need to invest a large amount of money for the down payment, which may affect your ability to save.
3. Intense competition for employment: As a city with a prosperous economy, Hangzhou attracts a large number of talents and job seekers. Competition for employment is fierce, especially in some high-paying industries and well-known companies. If you have a low income or limited employment opportunities, your savings may be affected.

2.2 Views and attitudes towards financial management

Money management is an important part of personal financial management, which involves the skills and knowledge to effectively manage and grow personal money. Here are some of my views and attitudes about financial management:

1. Achieving Financial Goals: Money management is the activity performed to achieve personal financial goals. These goals can include saving, investing, retirement planning, education funding, and more. By setting clear goals and adopting corresponding financial management strategies, you can better manage your funds and achieve financial freedom.
2. Long-term planning: financial management not only pays attention to the immediate balance of payments, but also pays attention to long-term planning and stable growth. This requires consideration of risk management, investment diversification, and the earning potential of long-term investments. By formulating a long-term investment plan, wealth growth can be achieved over time.
3. Risk management: Financial management requires prudent risk management. Understand the risks and returns of different investment tools, and make corresponding choices according to your own risk tolerance. Measures such as diversifying investment risk, building an emergency fund, and purchasing insurance are all effective risk management strategies.
4. Education and knowledge: Financial management requires continuous learning and updating of relevant knowledge. Knowledge of different investment options, financial instruments, tax planning and more can help in making informed financial decisions. Taking money classes, reading books and consulting with professionals are all ways to expand your knowledge.
5. Self-discipline and patience: Financial management requires self-discipline and patience. Making a reasonable budget, following investment plans, and restraining consumption desires are all important aspects of cultivating self-discipline. At the same time, financial management is not an overnight success, it requires patience and continuous efforts.
6. Personalization and flexibility: Everyone's financial situation and goals are different, so financial strategies should be tailored to your individual circumstances. Flexibility is an important characteristic of financial management, which requires adjusting investment portfolios and strategies according to changes in market conditions, personal needs and goals.

In conclusion, managing money is an important life skill that helps us manage and grow our personal money effectively. By setting clear goals, learning about them, managing risk, and maintaining discipline and patience, we can achieve our financial goals and build a solid foundation for future economic stability.

Second, talk about what efforts I have made for deposits?

In order to make a deposit, I usually take a series of efforts and actions. Here are some of my common endeavors:

1. Budget management: Having a detailed budget plan is the key to saving money. I review my income and expenses, identify must-haves and expenses that can be cut, and set reasonable savings goals. By being careful and controlling my spending, I can set aside more money for deposits.
2. Cut unnecessary expenses: In order to increase savings, some unnecessary expenses will be cut or eliminated. This may include spending less on shopping, entertainment, dining out, and more. By spending responsibly and avoiding impulse purchases, you can save money and increase your savings.
3. Additional sources of income: I will actively seek additional sources of income. This may include accepting part-time jobs, starting a side business, using personal skills to provide services, engaging in online sales, etc. By increasing your income stream, you can have more money for deposits.
4. Setting Savings Goals: Setting clear savings goals motivates me to save even more. I make it a priority to set reasonable savings goals based on my financial situation and goals. This kind of clear goal setting helps maintain motivation and stick to a savings plan.
5. Financial investment: I may invest a portion of my funds in financial products or other investment vehicles. Through rational investment choices and reasonable asset allocation, I can increase the appreciation and accumulation of funds, and then increase deposits.
6. Seek additional funding: I will also seek scholarships, bursaries, government grants, or other forms of funding to support my savings goals. These additional funding sources can provide some financial support and help us reach our deposit goals more quickly.

In summary, in order to save, I usually work through budget management, cutting expenses, increasing income, setting savings goals, investing money, and seeking additional funding. The combination of these efforts helps me grow my savings and achieve my financial goals.

3. In addition to personal factors, what factors affect young people's ability and willingness to save?

In addition to personal factors, there are many other factors that can affect young people's ability and willingness to save. Here are some common factors:

1. Income level: Young people are usually at the stage of starting work or career development, and their income level is relatively low. The ability to save is limited if the income is insufficient to cover basic living expenses and debt repayments.
2. High cost of living: Living costs include things like housing, food, transportation, medical care, and education. The high cost of living in certain regions or cities may exceed young people's income levels, making it more difficult to save.
3. Debt burden: Many young people are under pressure to repay student loans, credit card debt or other borrowings. These debts require interest and principal payments, which can reduce the availability of funds and affect the ability to save.
4. Job market: The level of competition in the job market can also affect young people's ability and willingness to save. If employment opportunities are limited and salaries are low, young people may struggle to secure a steady source of income, affecting their ability to save.
5. Social pressure and consumption attitudes: Young people may experience social and peer pressure to pursue short-term pleasure and consumption rather than saving. The impact of consumption concepts and social pressure may reduce their willingness to deposit.
6. Lack of financial literacy and education: Many young people may lack basic knowledge and education about managing money, saving and investing. Lack of such knowledge may result in them not understanding the importance of saving and how to save effectively.
7. Lack of urgency and future planning: Young people may be more inclined to enjoy the present and lack a sense of urgency to plan for the future and save. They may be more concerned with immediate needs and desires than with long-term financial stability.

The combination of these factors may have an impact on young people's saving ability and willingness to save. However, young people can still work to improve their ability to save and their willingness to save by becoming more financially aware, establishing a sound budget, reducing their debt burden, pursuing income-enhancing opportunities, and developing money management habits.

4. How much savings do I need to save for a decent pension?

Amassing a decent pension fund is a complex issue as it depends on multiple factors such as an individual's living needs, life expectancy, cost of living in the area where they live and expected standard of living in retirement. However, here are some considerations and suggestions:

1. Estimated living expenses: First, you need to estimate the monthly living expenses you will need to pay in retirement. This includes expenses such as food, housing, health care, transportation, daily expenses and entertainment. Make a reasonable estimate based on your personal lifestyle and preferences.
2. Account for Inflation: When calculating your pension fund, take into account the effect of inflation on purchasing power. It is often recommended to factor in the annual rate of inflation to ensure that pension funds are able to cope with future price increases.
3. Life expectancy: Estimate your life expectancy based on your family's health status and your personal lifestyle. Make sure the pension fund covers a longer period of time given the possibility of longevity.
4. Consider Pensions and Social Security: Pension and Social Security benefits can be considered if you qualify. These can provide a certain amount of regular income and reduce your burden.
5. Saving and Investing: Create a saving and investing plan that ensures regular deposits in superannuation funds and investing them to grow in value. Consider working with a professional financial advisor for better financial strategies.

Overall, building a decent superannuation fund requires detailed financial planning and personal analysis. It is recommended to consult a financial expert or financial advisor to develop a reasonable savings and investment plan based on individual needs and goals. Everyone's situation is different, so it's crucial to make sure you plan and save adequately based on your own circumstances.