7x save, 8x invest and 9x… credit card debt because salary has not increased but still despite spending money
Don’t know when people started to get used to overconsumption. In particular, this habit is deeply rooted in the thoughts of the present generation after 90. The report of a survey shows that the current debt of people after the 90s is 18.5 times their monthly income, as evidenced by those who are after 90 to working age have taken on the debt. per capita amounted to more than 100,000 yuan (about 350 million dong).
Is this number hard to believe? In the eyes of many people born in the 80s and 70s, a debt of several tens of thousands of yuan is already a very large amount of money, if any young person owes more than 100,000 yuan, perhaps their future is too hopeless. In terms of consumption, most people in the post-80s generation are extremely cautious. They only like to spend money in their wallet, but few people think about getting a bank loan or getting a credit card to pay for their lives. But with the progress of the times, “prepaid” consumption slowly penetrates into everyone’s life, especially the 9x age group.
Wang Min, born in 1993, has been working for 7 years, but instead of saving, she finds an overdraft and defaults on debt. At first, when they saw the iPhone being invited, all of their friends held the latest model in their hands, and some people even deliberately took pictures to show off. It seems that buying an iPhone has become a trend. People who do not hold iPhones in their hands always feel inferior because they are not equal to others.
Therefore, Wang Min also does not want to be left behind, although the current phone is quite good, but she always has to keep up with the trend. She has just graduated from school, has not been working for a long time, is just a probationary employee, her monthly salary is pitifully low, only fluctuating about 2 – 3 thousand yuan (7 – 10 million). That salary is not enough for Wang Min to buy an iPhone outright, so she decided to pay in installments, 500 yuan a month, although a bit much, but she thinks she can accept it.
However, as she got older, she wanted to buy more and more things. She wants to buy nice clothes, she wants to buy nice shoes, she wants to buy good cosmetics, and she wants to buy nice bags. Every day after work, Wang Min likes to visit showrooms before returning to the small rented room. The shopping cart on the online shopping platforms is full, no payment yet, but she continues to think about what to buy next.
Realizing that his shopping needs are increasing, Wang Min immediately took the advice of his friends and went to open a credit card. When she bought it, it was cool, but when it came time to pay the debt, she had a headache, so she decided to tear down the east wall to make up for the west wall, if the installment by card fails, she will pay in cash. Before long, the monthly salary and the monthly repayments were equal. While receiving salary and paying debt at the same time, when looking back, Wang Min realized that he did not have a cent on his body. However, that did not stop the young girl’s shopping soul. Although she had to borrow money, but when it came to promotions like 11.11, she still innocently paid for the cart without thinking much.
“I really have to drink the Northwest wind for the next six months” – after shopping to his heart’s content, Wang Min lay on the bed collapsed and sighed helplessly. Just hunting for sale on 11/11, it will take her a year to payback. If plus the previous overdraft, Wang Min owed more than 30,000 yuan (about 105 million). After only 1 or 2 years of working, the young girl has accumulated a lot of debt, her monthly salary is not enough to pay the debt. However, due to frequent overdraft purchases and credit card swiping, the card’s limit is getting higher and higher. Seeing the limit increasing, Wang Mini could not help but spend money lavishly. Although she still owes tens of thousands of yuan, she still has a limit to continue overdraft. “Spend your money without hesitation” – Wang Min thinks so.
To repay the debt, the young girl changed jobs many times, but each time she found a job, she was unsatisfactory, the reason being that the salary was not ideal, not enough to pay the debt. But while looking for a job, Wang Min still spent lavishly, eating, paying rent, looking for a job while earning no income. Unknowingly having worked for nearly 3 years, her debt has reached more than 90,000 yuan (more than 300 million) which has been spent on renting a beautiful house, good mattress, computer system, sound system, coffee machine. .. In general, life is also very comfortable. Wang Min also boldly said: “Don’t people live just to enjoy themselves, work every day just to live a better life? If they don’t enjoy it now, how long will it take?”
Working for a few years, the salary did not increase much, but the monthly consumption increased several times. As a result, the debt piled up, and text messages on mobile phones were almost always reminders of debt repayment. After a few years, Wang Min’s debt reached 100,000 yuan, she was too lazy to calculate if she still owed others. She feels that she works very hard, but her monthly salary is not enough to pay her debts, so she can only fall into a vicious cycle of constantly repaying and borrowing. Now her biggest wish is to wake up one morning to find that all debt has been cleared and everything is starting over.
Someone joked that: “There were three generations of office workers: the 70s saved money, the 80s invested, the 90s fell into debt. And parents who gave birth in the 9x years are bent on paying their children’s debts.” Although this is a joke, it also tells a part of the truth. Wang Min said: “I also hope to earn more money, it is best to send some money back to my parents every month, but now, it is very difficult to support myself. When I was in school, I also thought that when I went to work, I would save money. Before the age of 40, I wanted to save tens of millions of dollars, later I could live freely, go back to my hometown to retire… but now the dream is shattered.”
Many people earn 3,000 yuan a month but they want to live a life of 30,000 yuan a month. Their level of consumption and vision do not match their ability to spend. Also, at the same time, with the transformation and upgrading of the concept of consumption, consumer loans were born. When making a consumer loan, we must first measure our ability to repay and choose a legal and suitable loan platform. Don’t care about the eyes of those around, don’t blindly compare your life with others. Spending should also depend on your own economic ability, don’t spend a while and then eat instant noodles for half a year. Show up through branded products that try to put on people who don’t have money or worth much, living well is the most important thing.
Law and Readers
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
