Should a family leave hundreds of thousands of bank deposits for emergency use?

As a family, accidents will happen at any time, and there are many places that need money urgently. So it is necessary to leave some cash flow at home. But as for how much to stay, it depends on family situation and personal financial resources, and there is no need to stay hundreds of thousands.

My family is a dual-employee family. My wife and I add up to more than 10 thousand a month Children will spend a lot of money on education when they go to junior high school and take the senior high school entrance examination next year. Our family adds up to about seven or eight thousand a month, and we can save two or three thousand a month. At present, the mortgage on hand is about 400 thousand, and the securities such as stocks and bonds add up to about 200 thousand, which belongs to a very poor family. At present, my family has 20,000 mobile cash in Yu 'ebao.

At present, the interest rate of Yu 'ebao is very low, and the annualized rate of return for seven days is only about 2.2%. If you just look at the interest rate, it is definitely not cost-effective to deposit this 20,000 yuan in Yu 'ebao. However, in order to ensure the liquidity of cash in case of emergency, I think it is still necessary to keep it in Yu 'ebao, because other wealth management investments are not so liquid.

At the beginning of this year, I got a serious illness and needed an operation. Although I have medical insurance, I have to pay a lot of expenses. The key is to pay a large deposit when you are in hospital. At this time, the 20,000 working capital I reserved helped me. I paid a deposit and didn't borrow money from my relatives and friends. Later, I was discharged from the hospital and my medical insurance was reimbursed. I pooled 20,000 working capital for a rainy day.

I regard the 20,000 yuan in Yu 'ebao as a pool of funds to deal with emergencies. If it's missing, I'll make it up. If there is more, I will take it out for other purposes.

As the old saying goes, those who have no long-term worries will have near worries. Investment and financial management should not only look at the rate of return on investment, but also leave enough margin of safety for yourself to ensure that you have enough money at hand when you need it urgently. Therefore, it is really necessary to leave yourself some money that can be withdrawn at any time.

However, as the subject said, it may not be necessary to leave hundreds of thousands. After all, hundreds of thousands are not small money. If this money is guaranteed to be liquid, then the rate of return is low and the potential loss is not small.

As for how much money to leave, there is no fixed number. Let's decide according to our family situation. For example, if you have children and patients at home, you should leave more reserve funds, otherwise you can leave less. For the average family, personal advice of 5-65438+ 10,000 should be enough.

To sum up, it is correct for a family to keep the reserve fund properly, which is not only the need to deal with sudden emergencies, but also the performance of sound financial management. Don't be too radical and leave yourself a margin of safety.

Should a family leave hundreds of thousands of bank deposits for emergency use?

Tracing back to the source, I believe the answer to this question is unique. We must set aside some money to keep liquidity in case of family emergency.

1. Most of the backbone families in China are born after 70' s and 80' s, all of whom are old and young, and their physical functions gradually decline with their age, which may lead to serious health problems at any time. Almost all children are still in the stage of studying, but there are many uncertainties in children's learning. The most important thing is that most of the children at home are only children. In order to ensure a happy old age and healthy growth of young people, it is necessary to leave an emergency fund.

2, in today's society, the relationship between people and credit is to have money to maintain this, so it is better to ask for it yourself.

3. Traceability suggestion: 300,000 emergency funds are enough for ordinary families.

This 300 thousand can be used to buy bank deposit certificates. At present, the average annualized rate of return on bank certificates of deposit is 4.5%, and the annual interest income is = 300,000 * 4.5% = 1.35 million yuan, which can be used to improve family life.

Or consider smart deposits from private banks. Smart deposit is an innovative product that combines medium-and long-term deposits with large deposit certificates, and it is the killer weapon for private banks to collect deposits. At present, most private banks' smart deposit yields are above 5%, even as high as 5.4%, and they are risk-free, deposit-as-you-go, highly liquid, and withdraw in advance to pay interest. The annual interest income is 300,000 yuan = 300,000 * 5% = 1.5 million yuan.

4. It is not recommended to put liquidity on Alipay and WeChat.

The main reason is that the return rate is too low. At present, the income of the money fund has basically fallen below 3%, while last month's cpi was 4.5%, which underperformed inflation. Secondly, Alipay and WeChat transfer are cumbersome, and the fees and quotas are limited. This is a fatal matter, and it is really urgent.

In short, considering the liquidity and profitability, keeping some funds in the bank is a necessary financial choice for a family.

More than 90% of families can't afford hundreds of thousands of deposits. How do you keep them in case of emergency?

To tell the truth, although the people are really rich now, there are still many families who can't actually afford hundreds of thousands of bank deposits.

Perhaps many families have hundreds of thousands or even millions of assets, but this does not mean that they can take out hundreds of thousands of bank deposits.

There are hundreds of thousands of people who actually deposit in banks in China, but the proportion is not large, perhaps tens of thousands or even only a few thousand people.

These people can survive, indicating that there is no need to leave hundreds of thousands of emergencies.

If there are hundreds of thousands, it is better to choose something else and put it in the bank.

Bank deposits are mainly flexible, but there is basically no interest during their life. However, the flexibility of the deposit term is getting worse, and the interest rate is still relatively low, so it is not cost-effective to put them in banks.

A better choice is to deposit money funds or bond funds. Although the flexibility is not as good as bank deposit, it is at most T+ 1 or T+2. This flexibility can basically meet the requirements of most people.

And their income exceeds bank deposits, isn't this a better choice?

In fact, hundreds of thousands of urgent needs are often so urgent because of illness, and not so urgent at other times.

In fact, we can choose insurance to protect this. If the economic situation permits, we can buy critical illness insurance to supplement a critical illness medical and accident insurance.

Through this insurance configuration, you don't have to deposit hundreds of thousands of banks when you are sick. And insurance is to protect you, and the money for treatment is only a little premium you paid in the early stage.

There is still a difference between a deposit and an emergency reserve. Savings are an integral part of family wealth, which can be used to solve the main expenses of families, while emergency reserve funds are used in emergencies. We should distinguish between the two, otherwise we will not be able to generate enough income, and there will be no money available at critical moments or bring us losses. Next, let me talk about my views on deposits and emergency reserve funds.

I say this because many people or families have no savings. I answered a similar question two days ago. There are currently 560 million people in China who have no savings. There may be many reasons, but this phenomenon does exist.

As long as you pay attention, in fact, many people around you really don't have deposits. Some people often spend money to borrow money, some people have credit card overdrafts that are difficult to support, and some people are ill in hospital and even have to borrow thousands of dollars from relatives and friends. All these phenomena show that many people have no savings.

Deposits and savings are actually very important and an important part of wealth. With savings, you can realize some dreams you want to realize, such as buying a house, buying a car, educating your children and so on. If all this is achieved by spending money and borrowing money, we will not only pay high interest, but also make our financial situation out of control and cause more problems.

Of course, deposits are not the only asset. People with financial investment management experience can also buy real estate, stocks, funds and other types of assets, which are also family wealth.

I used to be in the army, and every company would have combat readiness food and store it in the warehouse. Grain can be found everywhere and can be bought at any time. Why do you want to put it in the warehouse and call it combat readiness food? Because war-ready grain can be transported as soon as possible, reducing time waste, and second, in the event of war, anything can happen. Food can be bought everywhere now, but not necessarily in wartime.

So is contingency reserve arrangement. You have 500 thousand in the bank for three years What would you do if you suddenly fell ill and needed 20 thousand yuan to be hospitalized? You can only withdraw your deposit in advance, but the interest will be lost. According to the current interest rate, it may lose tens of thousands.

However, if you have a contingency fund, this problem will not arise. Emergency reserve funds can be withdrawn at any time, and the amount varies from person to person. Tens of thousands of dollars is enough at ordinary times. My emergency reserve fund is 20 thousand, which is kept in WeChat change, and I can earn some interest every day.

The emergency reserve fund can be deposited in Yu 'ebao and WeChat, and can be withdrawn at any time. However, it should be noted that there is a daily limit of 6.5438+0 million yuan. If it can be withdrawn during the day, it will be no problem. If you spend more than 654.38+00000 yuan at a time, you have to find another way.

The uninvited author suggests that the family asset allocation can refer to the Standard & Poor's family asset allocation chart for allocation.

The first account on the top left: the daily expense account.

This account mainly involves short-term consumer fund reserves, which are roughly three to six months' living expenses. Generally speaking, just put it in the balance treasure. Can be used as savings, daily cash withdrawal through Alipay, recharge payment, etc. It also has an investment function and can enjoy interest income of about 2.5% per year. In this part, according to the survey results of S&P, the allocated funds are about 10% of household assets.

This account is used as an emergency payment account. You can't deposit too much money in this account. Hundreds of thousands is obviously too much. Investing too much money will have the following disadvantages:

1. rate of return on capital is low. This part of the funds requires high liquidity, so the corresponding investment income is low.

2. Too much money can easily lead to unnecessary consumption. As long as this account guarantees payment for 3-6 months, the subsequent income can continue to be put into this account. Too much money can easily lead to unnecessary consumption.

To sum up, there are several hundred thousand emergency accounts. For these hundreds of thousands, good use can bring more benefits to this family. The reasonable way is to buy suitable commercial insurance for family members, use this money to invest in Qian Shengqian, and use this money to prepare for old-age care and education expenses.

Leave hundreds of thousands of bank deposits in case of emergency, then I think your total cash assets should be at least several million.

It is of course necessary to keep some savings for a rainy day, but how much to keep is a dynamic process. In other words, how much money is reserved, which should be in a certain proportion to your total cash assets.

Some people say that's not the case. The poor need 100,000 yuan for cancer, and the rich need 100,000 yuan for cancer. For the urgent need of 100 thousand yuan, everyone is the same. This sentence is only half right. When spending money to treat diseases, everyone spends the same money, but when preparing the money for treating diseases, everyone prepares different money.

On the one hand, we should consider our own income ability, and we should not consider spending money to prepare for treatment first, and then consider food, clothing, housing and transportation.

On the other hand, everyone has a serious illness; Treatment methods are radical and conservative; How much did it cost? When you prepare funds, you must have some money more or less.

Therefore, under such circumstances, it is more scientific to prepare the reserve fund according to a certain proportion. Prepare more if you earn more, and prepare less if you earn less.

So what is the specific ratio?

According to the quadrant chart of household assets published by Standard & Poor's, short-term consumption should account for 65,438+00%, and life-saving money should account for 20%.

Although I think this quadrant diagram makes sense, I have to admit it. I searched for information in many ways, but I couldn't find the source of Poole's quadrant map of family assets. I asked many more professional people, and I don't know which year, which company, who and what theory he made the quadrant diagram. I remember that the employees of the insurance company were the first to flow out of this quadrant.

Not to mention the source, I think his distribution ratio is actually more objective, and we ordinary people can also refer to this quadrant diagram to make a certain distribution of our assets.

In this configuration, we found that 20% of the money was used to save lives, and all the money used to save lives was purchased insurance products. We can't say that this is wrong, but we should also keep other cash while preparing insurance products. Because of accidents in life, not all insurance can solve them. For example, the failure of starting a business, such as the death of a loved one, may require immediate funds to deal with it.

Therefore, I suggest that Qian Shengqian, which accounts for 30% of the total assets, be used for short-term investments with strong liquidity. No accident, everyone is happy when they make money. If there is an accident, the funds can be taken out immediately.

I don't think it is necessary to reserve so much. If there are too many reserves, it will delay the appreciation of assets. Of course, if the reserve is too small, it is difficult to have anything at home, so I will talk about how much reserve money a family should keep from the perspective of financial management and how to prevent unexpected events from being caught off guard.

In fact, from the perspective of financial management, a family can cope with the family situation as long as it sets aside three to six months of living expenses. This concept is simple to say, but first of all, we must know what a family's monthly income and expenditure are. In reality, it is easy for us to calculate income (because there are few sources of income), but it is difficult to calculate expenditure (because we always want to buy from buy buy). Therefore, the first step of financial planning is bookkeeping. Record 1-3 months in a row, and you will know where and how much your expenses are spent. Only in this way can we get the money that families need to reserve.

How to prevent unexpected events from being caught off guard? In fact, there are many financial instruments or methods that can improve the liquidity of family assets. To sum up, there are two ways: one is to use existing wealth management or time deposits as collateral. After the family reserve fund is reserved, other funds can be placed in the bank for financial management or bank for a fixed period, which is relatively stable. Once the family is in urgent need, they can also go to the bank for financing or pledge certificates of deposit to alleviate the shortage of funds. The interest rate of pledged loans is generally the benchmark interest rate of loans of the same grade in the same period stipulated by the central bank, but it shall not exceed four times the benchmark interest rate in the same period. At present, the benchmark interest rates for loans of the same grade in the same period stipulated by the central bank are: the interest rate for one year and below is 4.35%, the interest rate for one year to five years (inclusive) is 4.75%, and the interest rate for five years or above is 4.90%. As the actual situation of each borrower is different, the loan interest rate finally determined by the bank may be different when applying for hypothecated loan.

Second, credit cards can be used to ease the liquidity of family funds. Credit cards have an interest-free period, that is, from the bank bookkeeping date to the period when the bill on the current consumption day is generated to the repayment date, as long as the current payable amount (total amount owed) on the current statement is fully paid off, there is no need to pay any interest.

Therefore, it is recommended that families set aside three to six months of living expenses as a reserve fund. In case of unexpected problems, they can use credit cards to solve them first. If it takes longer and more money, they can consider using bank financing or time deposits as collateral.

You never know which comes first, tomorrow or the accident. A family should really prepare as many deposits as possible for emergencies, especially now that the aging society is getting more and more serious, and many families are only children, facing the situation that their parents are getting older and their children are still young. Without a certain amount of deposit as support, it will be very passive in case of unexpected events.

But at this stage, it is unrealistic for every family to leave hundreds of thousands of deposits, which can be said to be insufficient. According to the data of the central bank, in 20 18, China's resident deposits exceeded 70 trillion, reaching 7 1.6 trillion. According to the existing population1400 million, the per capita deposit is 50,000 yuan. According to the data, the average household deposit in China is about150,000-200,000.

The data looks ideal, but the reality is very skinny, because most of the wealth in society is in the hands of 20% people, and many ordinary families are averaged. At the end of 20 18, 80% of ordinary residents' per capita savings were only about13,000 yuan. According to the calculation of a family of three, the savings of a family were about 40,000 yuan. This is just an ideal family deposit. The reality is that a large number of families have no deposits or even debts.

A family, if it has the conditions, should set aside a sum of money as much as possible for a rainy day. In addition, you can consider buying serious illness or accident insurance to resist risks. The cost of these insurance products is not high. For example, if our company buys critical illness insurance, individuals only need to pay 30 yuan a year. In this way, accidents can be handled with less money.

The essence of this problem is how modern families manage their finances scientifically and how to allocate their assets reasonably.

The core of modern family financial management is how to ensure the unity of security, profitability and liquidity of assets. Generally speaking, the higher the security of assets, the stronger the liquidity and the lower the profitability, such as bank deposits; That is, safety is directly proportional to liquidity and inversely proportional to profitability. In this case, if you leave hundreds of thousands of bank deposits, the security is fine and the liquidity is enough, but the income is there. Of course, for families with low risk tolerance, this choice is no problem. For families whose risk tolerance exceeds stability, it is completely unnecessary, but it wastes money.

What do modern families need hundreds of thousands of emergency things? Generally speaking, if it is not an accident or illness, it is not difficult to realize certain assets, it only takes time. Therefore, it is necessary to leave some bank deposits for emergencies, such as living expenses for about half a year, but there is absolutely no need to leave hundreds of thousands for emergencies. Accidents and diseases can be completely solved by insurance.

On the basis of purchasing social security, it is more scientific and reasonable to allocate some commercial life insurance according to the actual situation of the family and invest other funds appropriately according to the risk tolerance and risk preference. The Standard & Poor's family asset allocation chart popular in Europe and America is a good reference.

Every family will have an emergency, but it is a bit exaggerated to put hundreds of thousands of deposits in the bank for emergency. You know, hundreds of thousands can do a lot of things. For many families, it is impossible to put hundreds of thousands of deposits in the bank, either to buy a house or to make other investments. In short, people nowadays are very disgusted with holding pure cash.

In this case, if something happens at home, it is really a headache, so how can we ensure that we can do a good job in emergency without delaying the appreciation of funds?

I think the best way to spend hundreds of thousands of dollars is to invest in assets that are more convenient and easy to realize. In other words, when you invest, you suddenly need money in an emergency at home. What should you do at this time? Can clinch a deal in a day or two, quick cash withdrawal, do not delay the normal urgent need of family members. This kind of investment is appropriate.

The first thing that needs to be ruled out is real estate investment, which is the most difficult investment to realize. Even if the house sells well, I'm afraid it will take a certain transition period. In fact, the most convenient and easy to realize are stocks and funds. The stock will arrive tomorrow, and your money will arrive in three to five days for open-end funds. There is also an index ETF in the fund. The trading of such funds is the same as that of stocks. After selling today, the money can be transferred to the bank card, which is very suitable for your money as a backup.