3 tricks to teach you the science of saving money fast to live!!!!

3 strokes to teach you the science of saving money to live quickly!!!!

The four major savings method

Step deposit

This savings method can make the annual savings maturity amount to maintain the balance of the amount of the same, not only can deal with the adjustment of the savings interest rate, but also to obtain the three-year deposit of higher interest. This is a medium to long term investment, suitable for dry working families to accumulate education funds for their children and future marriage funds.

Continuous Monthly Storage Method

Continuous Monthly Storage Method is also known as 12 certificates of deposit with a certain amount of money deposited on a monthly basis, all of which are of the same age, but with a difference of one month in maturity date. This method maximizes the flexibility of savings.

Quartering your savings

If you have a small amount of money that you will use within a year, but are unsure when and how much at a time, then choosing the quartering method of savings will be practical.

Interest-bearing savings

This savings method combines principal-and-interest savings and fractional savings.

Reasonable ratio

Life many people lack of financial planning, only focus on the immediate enjoyment, in the end, may become a "moonlighter". So how should we allocate our money to be reasonable? What is the right proportion of savings and finance?

Liquidity Ratio

3:6 Liquidity Ratio is the ratio of monthly expenses/liquid assets. Liquid assets are those assets that can be quickly realized in case of family emergencies without incurring losses, such as cash, demand deposits, and short-term financial products.

Consumption ratio

40%-60%. Consumption ratio, which refers to household consumption expenditure/household income, reflects the household's income and expenditure situation, and this ratio is generally between 40% and 60% which is more reasonable. If the household consumption ratio exceeds 60%, it means that the household's ability to save is not strong, which is not conducive to the accumulation of more wealth in the household.

Family Investment Ratio

Equal or greater than 50%. Family investment ratio, refers to the family net investment assets/family net worth, this ratio reflects the family investment situation, equal or large dry 50% of the case is more reasonable.

Financial Tips

Most people save money and the first thing that comes to mind is YH. YH Savings and Finance is suitable for those who want to manage their money but are afraid of the risk of investing in Z. Then how to save a higher return?

Regular monthly ration

Monthly deposit of a certain amount of money, all the certificates of deposit with the same annual life, but the maturity date of the difference of one month respectively. This method is most suitable for working-class families, month after month when the salary is drawn out part of the monthly deposit to the account, month after month to save, one day look at the account may be very ideal figures.

Pyramid

Pyramid savings method refers to a sum of money in accordance with the way from the less to the more China Merchants Bank credit card how to open the card is split into several, respectively, deposited in the bank fixed-term, when there is a small amount of money needs, only a small share of the fixed deposit to take out, so as not to affect the large share of the funds of interest income.