Why are there so many people saying they can’t live even though they haven’t gone to work for a month?

Let me first share a real case around me!

I have a cousin who is located in Chengdu. He just got married last year. He and his wife both work in Chengdu. He works in a securities company and his monthly salary is about 10,000 yuan. Sometimes the benefits are good. , it can be one or two thousand yuan more, and my wife works as a teacher in a private kindergarten, and after deducting five insurances and one fund every month, it looks like 3,500 yuan. When they got married last year, their parents paid a down payment for the couple to buy a house in Chengdu, but they paid more than 5,000 yuan in mortgage payments every month.

In November last year, he bought another car worth more than 200,000 yuan, with a monthly car loan of 4,000 yuan. Before, his father asked him not to buy a car for the time being, because now he wanted him to get it first. After having a child, and then buying a car, I asked him to drive his old car first. However, my cousin thought it would be better to buy a car by himself, so he ignored the advice and went to buy it. Now every month The car loan and house loan are only 9,000 yuan, plus the living expenses of the two of them, the monthly expenditure is more than 10,000 yuan, so the two of them do not dare to have children for the time being. They want to pay off the car loan before talking about the child. . But unexpectedly, with the outbreak of this epidemic, he has not started to return to work until now. Now he can only stay at home. Last month's loan can only be paid with the reserve fund at home, because he did not go to work during this period. There is no income at all. My sister-in-law is worried at home every day about when she will be able to go to work. After all, she lives in the city now. If she suddenly loses her source of income, it means mortgage and car loans.

Therefore, in order to save living costs, they went back to live in the countryside. All the expenses at home were left to their parents. It was hard for their parents to say anything. After all, they were really under a lot of pressure now.

Because of the epidemic, many people are facing difficulties now. Not only individuals, but also companies. Some small companies cannot even survive the epidemic, so these employees have no choice but to lose their jobs. Some large companies have to suspend salary payments or pay minimum living allowances to employees because of the inability to turn over funds during the epidemic. , so there will definitely be people in a more nervous situation.

But no matter what, don’t worry. The country has done a good job in preventing and controlling the epidemic, and more and more companies are now starting to resume work. I believe that in the near future, the country will be able to fully control the epidemic, and by that time, everything will start to operate normally.

Why do some people say they can’t live after not working for more than a month? There are three reasons: on the one hand, there is no source of income; on the other hand, the fixed expenses are not small; and on the other hand, additional expenses have been added.

First, there is no source of income except working. In today's society, most people rely on working to support their families. If they don't work, they have no income.

Second, excessive consumption and debt. Today is a debt-ridden society, with mortgages, car loans, and credit cards. It seems that you are embarrassed to say that you have not taken out a loan. So when I usually have wages, I pay them out and spend them all quickly. I have to use Huabei, borrow money, and credit cards to support them.

Now I have no income, but those loans and excessive consumption bills will not be reduced, and I usually have no savings, so I am in trouble.

Third, during the epidemic, consumption increased a lot, and many things were expensive, such as masks and disinfectants. Not only were they expensive, they were also not easy to buy.

For all the above reasons, life is really difficult.

How should it be alleviated?

First, increase sideline income, such as making short videos at home, doing self-media, community e-commerce, etc. Many people made money through this during the epidemic.

Second, reduce living expenses. Because you don’t go out due to the epidemic, you can reduce the purchase of clothes and daily necessities.

In short, difficulties will pass. Some people can't live a good life, but some people are making a lot of money. When facing difficulties, think more about how to change yourself next and make yourself stronger.

If you don’t go to work for a month, your life will not be able to continue. Although it is a bit sensational, it is really possible that if you don’t go to work for a month, many people will be stretched and in trouble.

Why do you say this? Let us look at a few sets of data and you will understand.

Relevant online institutions summarized the central bank's data. In recent years, my country's residents' savings rate has declined year by year, once falling from 52% to about 40%. This fully shows that the willingness of Chinese people to save has decreased, or that the number of people who can save is decreasing year by year.

Then why are there not many people who can save? The reason is simple. As expenses and consumption increase, there will be less money left, and naturally there will be nothing left to save. Especially young people, there are many people with advanced consumption concepts, and the savings rate of the younger generation is even lower.

With the aging of our country’s population structure, those who save money steadily to prevent unexpected events are gradually getting older, while the new generation of young people basically disdain savings. In other words, my consumption does not support savings at all.

Therefore, once an emergency occurs, such as this new coronavirus epidemic, suspending work and production for a month means no income, then of course people who have no savings will Unable to maintain their basic life.

According to online reports, economist Lang Xianping once released a set of bank deposit data.

This set of data shows that 5% of my country’s population is about 70 million people, and their per capita deposits are as high as more than 470,000 yuan, while the remaining 95% of the people have The bank deposit is only 24,000 yuan.

It is said that among this 95% group, about 40% have zero bank deposits, and 40% of the population translates to 560 million people. So many people, they have zero money in the bank!

Of course, since the statistical caliber is not clear, it is not clear whether this data only comes from bank deposits or a broad savings caliber.

After all, Internet finance is very developed now, and many friends have invested a lot in Internet financial companies, including Alipay and Tenpay, which have a lot of wealth. If this area is not included in the statistics, of course the data will be suspected of being distorted.

In addition, the 560 million people must also include minors. According to online inquiries, there are approximately 360 million minors in the country. Even if minors are excluded, there are still 200 million adults with zero savings. This number is still shocking.

Based on the analysis of this data, it is not difficult for us to know why so many people cannot survive even a month, because without savings, it is all "moonlight". Once Without a source of income, life will of course be in trouble.

I believe that many of my friends are house slaves. After all, having your own house is the foundation and necessary condition for starting a family. Most families will choose to take out loans to buy houses, and the high housing prices will basically wipe out all the life savings that we and our parents have accumulated.

According to online data, as of December 2019, the amount of RMB loans reached 153 trillion yuan, a year-on-year increase of 12%. China has a population of 1.4 billion, and the average debt per person is 109,000 yuan. Yuan.

To put it bluntly, we are all fighting for a house. Although it seems that there is a lot of assets there, in terms of pure cash, basically There's not much left. As a result, many ordinary families have been struggling to repay their loans for half their lives, while the middle- and low-income groups have nothing but houses.

So, it’s not that we don’t have money, it’s that our money has been sucked up by the house and trapped tightly.

According to the "Report on the Debt Situation of Chinese Consumer Young People" compiled by Nielsen Market Research Company, the penetration rate of overall credit products among young people in China has reached 86.6% .

Although the report also shows that although the data is close to 90%, nearly half of them use credit products as payment tools, such as credit cards in interest-free Settled within. After deducting the part used as a payment tool, the number of Chinese young people with real debt accounts for about 44.5% of the total young people.

Even so, this data is quite astonishing. The rise of the Internet has of course also brought about the rapid development of Internet finance, and has also given rise to the continuous expansion of the debt market.

In the eyes of the public, debt life has become a unique lifestyle for contemporary young people. In order to achieve the consumption level they want, they blindly Using consumer financial tools such as credit cards, Huabei, and Jiebei, you will end up unable to make ends meet, with zero savings, and a big loss!

In particular, some of them live a life of relying on loans to support loans, and turn their salary income into a kind of interest expense to maintain this life, which snowballs. Make yourself miserable and miserable.

The COVID-19 epidemic has led to a nationwide shutdown of work and production. The group that is most feared is this group of big bucks who are burdened with countless debts. Not going to work for a month will definitely plunge their lives into an unprecedented crisis.

I once saw a saying that half of Americans in the United States cannot afford $400 in cash. At the time, it sounded incredible. However, the United States is a country where borrowing and consumption are the dominant method, so this phenomenon is very common and not surprising.

However, in China, we are far from the environment and soil for such borrowing and consumption or advanced consumption. Therefore, after this epidemic, I believe most people will give themselves Keep some "surplus food" for emergencies.

Will you prepare "surplus food" for yourself in the future? Welcome to express your opinions in the comment area, thank you.

Thanks for the invitation! I'd be happy to answer your question.

After not working for a month, many people can no longer bear it and cannot live. What does this phenomenon mean? Why?

For these three reasons, we state and analyze them one by one as follows:

There is data that shows that if a family reaches an annual income of 100,000 yuan, it has defeated more than 90% of families. .

How can a mere 100,000 yuan support all the family’s consumption in a modern city?

That’s it, it’s already outstanding! What's more, more than 90% of families are still beyond the reach of an annual income of 100,000 yuan.

After all, there are very few people who earn hundreds of thousands, millions, or even tens of millions or more than 100 million per year.

Apart from hundreds of millions of farmers, most of the people in the world are migrant workers. As you can imagine, how can farmers support their families with so little land? That is to say, we can see farmers working hard on the streets and in every corner of the city. Farmers have to use their leisure time to work in cities to earn a little money to supplement their families.

Let’s talk about the migrant workers. I would be thankful if I could find a reliable employer and receive my salary on time every month. The prevailing wage level is only sufficient to maintain low-quality basic survival needs. In addition, many people have developed the habit of spending in advance, overdrafting their financial resources, and leaving almost no savings. If you add home loan and car loan, it will be even more breathless.

This is still normal. Work is normal, I am not sick, and there are no family emergencies.

Once an emergency occurs, such as the epidemic this year, work has stopped, wages are gone, and there is no savings. Although a month is not long, for most people, it is already stretched. Isn’t the economic situation even worse?

Some people believe that eating all the food will waste your health. I always think that if I spend money, I can make more money. There is a lack of basic predictions about the uncertainty of the future. Blindly optimistic.

Under normal circumstances, money spent can be earned again. However, as everyone knows, this is a subjective wish. Objective facts are not subject to human subjective will.

Who can predict when force majeure will come and how long it will last? Obviously, no one can predict it.

A sudden new coronavirus epidemic has completely awakened many people who lack crisis awareness and are blindly optimistic and confident.

Why can some people be calm and relaxed? It seems that their lives are basically not affected, especially work and money, which are basically not a problem. These people we are talking about are not rich in the ordinary sense.

These people have a strong sense of crisis just when things are going smoothly. They plan ahead and have sufficient reserves to deal with emergencies in advance.

They know that making money is not easy. They usually pay attention to financial management and save timely, but it is not that their work and income are better than ordinary people. They are also ordinary people.

This is the importance of having crisis awareness at ordinary times.

Regardless of the actual personal situation and a serious comparison mentality, they took out loans to buy houses and cars, so they borrowed money for consumption and were saddled with heavy debts.

Being tortured by loan repayments made me physically and mentally exhausted and exhausted.

There is no sense of security in life, let alone quality of life. I don’t dare to lose my job, I don’t dare to get sick, I don’t dare to socialize and spend money, and I have completely become a house slave and a car slave. Life has lost its due fun.

I wonder if it can inspire you? We look forward to communicating with you more!

If you have stable cash flow and savings, you can survive even if you don’t work for half a year, not to mention not working for a month; but if you don’t have stable cash flow (no income if you don’t work), you won’t be able to survive yet. With savings (or very little savings) and liabilities (car loan, house loan), you really can't survive, even if it's only for a month or two.

A few days ago, there was such news. I wonder if you have seen it. During the epidemic, a man called the government for help. His child got sick years ago. He spent a lot of money to treat the child (his savings were exhausted). He thought he would be able to start work in time after the year (to obtain cash flow). Life can go on normally. Who knew that due to the impact of the epidemic, there was no news of resumption of work (cash flow was interrupted), and the family could not even solve the problem of food, so they had to call for help.

Fortunately, government staff mobilized donations on the spot, and after his boss learned the news, he also transferred 1,000 yuan to him, temporarily solving the immediate difficulty.

From the above incident, we can know that if a person does not have a stable cash flow, a certain amount of savings, and a small accident in life, the family economy will have big problems.

Nowadays, some people say they have a monthly income of over 10,000 yuan and are senior white-collar workers, but their asset structure is very unreasonable, their loan pressure is too high, and they don’t have any deposits. If you always have a job and income, your life will be stable and smooth. But once an accident occurs and there is no income, then the mortgage and car loans have to be repaid. Where will the money come from?

For example, a white-collar worker earns a monthly salary of RMB 10,000, takes out a loan to buy a house, and pays back a monthly loan of RMB 4,000. At this time, he has a monthly cash flow of RMB 6,000, which is relatively stable, and he can even save part of it. But at this time, if you take out another loan to buy a car and increase the monthly loan by 2,000 yuan, then the monthly loan repayment will be 6,000 yuan, and you will only have 4,000 yuan in cash. It seems that you can go on with your life, but it is very dangerous. Once he is fired, or has an accident, gets sick, is hospitalized, and loses his income, there will be problems repaying the loan.

On the contrary, if he keeps the loan at 4,000 yuan, monthly living expenses of 4,000 yuan, and monthly savings of 2,000 yuan, he will have a deposit of 24,000 yuan in one year and nearly 50,000 yuan in two years. If he gets fired at this time, don't worry. The 50,000 yuan deposit can support his loan repayment and daily life. There won't be any big problems for at least half a year, and this half year will be enough for him to find another job.

When my cousin who was born in 1994 went to college, her living expenses were three to five hundred yuan higher than her classmates. Her parents nagged her a few words, and she often said that when I graduate and start working on my own, I will definitely save some money if I know it is not easy to make money.