China-Singapore Jingwei, May 29th (Lei Zongrun) People often say "30 years old", 30 years old is an important node in life, and now the first batch of "post-90s" have passed the 30th anniversary.
A recent study and analysis showed that the first batch of "post-90s" in their 30s had deposits between 270,000 and 380,000 yuan.
So, how much savings is ideal at the age of 30?
Sino-Singapore Jingwei found 4 "post-90s" around 30 years old. Some of them are going all out to start a business. Although they have more than one million deposits, they are still anxious; Beside yourself.
How do they save money?
Does the deposit give them a sense of security?
Here is their story (edited slightly by Sino-Singapore Jingwei):
"Quality assets are more valuable than deposits"
Qi Yan, director of the real estate industry department at the age of 32, has a deposit of 100,000 yuan
How much savings should I have at age 30?
I think this question is meaningless. For example, two 30-year-old young people have a deposit of 500,000 yuan. One has a house and a car, and the other has only deposits. This is completely different.
For a 30-year-old, assets are the key to measuring a person's wealth, and deposits are not important.
I've always been independent, and when I was in college, I was able to support myself by doing part-time jobs, and that's when the habit of saving started.
I remember when I just graduated, I paid half a year's rent, and I only had a few hundred yuan left. I couldn't wait to make bread and pickles every day. In retrospect, it was the most embarrassing period for me.
Fortunately, I entered the real estate industry after graduating in 2011, which allowed me to catch up with the good era of real estate development in Hainan.
When I first started to work, I started with real estate sales. With a lot of hard work, I sold houses day and night.
I earned more than 400,000 yuan after working for three years. In 2014, I took out a loan to buy the first house in my life. After the house price went up, this house became my best asset. Now the price is twice the original price. .
When I was 30 years old, my savings was indeed not much, nearly 100,000 yuan, and I had no debt. I had a set of properties in Haikou and Sanya, with a total value of about 5 million yuan.
And when I bought the house, I didn't rely on the financial support from my family. It was all my hard work and hard work.
I think it's important to start saving as early as possible, after all, you can't always work as hard as you were in your twenties and find a life-work balance.
At this time, the accumulated wealth and high-quality assets will effectively increase in value, which will greatly improve your financial situation. High-quality assets are more valuable than deposits.
30-year-old savings will not illuminate the road to 40-year-old
30-year-old founder of Annie advertising company deposits 1.5 million yuan
I am a native of Shanghai, and my parents used to be in business. Compared with other families, my family's conditions are quite good.
I studied art design. After graduation, I did not choose to study abroad, but used the money from studying abroad to start a business.
In 2012, I graduated from the Academy of Fine Arts of Shanghai University. I asked my family for more than 600,000 yuan and set up a joint venture with two friends.
In the beginning, it was just the three of us, and we did everything from design, customer contact, financial management and operations.
However, because we all studied art and design, only the design part was well done, and the rest were messed up.
In the first two years, the studio has never been profitable, and we can't even make money from renting an office every month. After discussion, we decided to hire full-time personnel for all businesses except design. At the same time, we expanded stage design, Exhibition planning, etc.
In 2015, the studio finally started to make a profit, and gradually expanded the size of the team, established a design department and an exhibition department, and the business volume is also increasing.
In 5 years, our three founders have received more than 2 million yuan in salary plus dividends.
With the advent of the new crown pneumonia epidemic in 2020, the large and small exhibition business and outdoor advertising business have rapidly decreased, and the operation of the studio has fallen into a cold winter.
After struggling for a year, the studio's cash flow was almost exhausted, and several employees offered to resign. The studio had to cancel the exhibition department and turn to the short video field.
During that time, it was really difficult. The studio relied on online art design, but the rent still had to be paid, and the company’s cash flow was exhausted. The three founders of us invested more money and maintained it with our own savings.
In the past two years, I alone invested nearly 1 million yuan.
It was not until the beginning of this year that the studio slowly recovered, and the short video business has also improved, and some advertising revenue can be obtained.
At present, my wealth management plus deposits are 1.5 million yuan. I originally thought that I would be able to earn "the first 5 million yuan in my life" before the age of 30, but I didn't expect such a change.
For me, 30-year-old savings will not light the way to 40-year-old.
Only by constantly learning and improving, keeping up with the direction of market development, and continuously improving core competitiveness, can we maintain the pace of progress. This is also true for individuals. Deposits are not the most important thing.
The ideal amount of savings at the age of 30 is completely unquantifiable. For people with stable jobs, a deposit of 300,000 to 500,000 yuan is enough to sit back and relax, but for those who start a business, this money is not enough. To resist risks, let alone consider issues such as pensions and medical care.
Moreover, there is no comparison between different educational backgrounds and different families. Top talents with high educational backgrounds may earn the salary of ordinary employees for ten years after working for one or two years.
Take me as an example, if my family had not given more than 600,000 yuan to start a business, I would never have had a chance to earn a million-dollar deposit.
I think it is enough to have a foothold in the industry at the age of 30, have your own way of making a living, be polite, optimistic, and have a stable and happy life.
There is nothing special about standing at thirty.
"My ideal is to pay off my mortgage before I turn 30"
Yang Yang, a state-owned enterprise engineer at the age of 28, has a deposit of 80,000 yuan
Don't ask me how much savings I have at the age of 30. My ideal is to be able to pay off the mortgage before the age of 30.
I majored in architecture when I was a university student. After graduating in 2016, I joined a state-owned enterprise as a construction engineer. I am currently working in Chengdu.
In 2018, I took out a loan to buy a house, and now I have a mortgage of more than 300,000 yuan, and my deposit is only a few tens of thousands of yuan.
When I was in college, I had no habit of saving at all. I always spent as much as my parents gave me. I was a standard "moonlight family".
When I first graduated, my job was on a front-line construction site. I was working on bridge engineering, so every time the project site was in a deserted and remote mountainous area, it took dozens of kilometers to find a small town, and I had no time or opportunity to spend money.
In the three years of working in the mountainous area, basically all the wages have been saved, which is almost more than 300,000 yuan.
In 2018, I returned to the Chengdu head office to work. With the help of my parents, I took out a loan of more than 600,000 yuan and bought a house in Chengdu worth more than 1 million yuan, which started my "debt" road.
Paying off the mortgage every month is actually quite stressful. I chose to take a loan of 600,000 yuan and repay it in 20 years. The monthly payment is more than 3,900 yuan. In addition to the principal, the annual interest will be repaid by more than 20,000 yuan, so my ideal is to be able to repay it as soon as possible. Clear the mortgage.
In the past four years, most of my salary has been repaying the mortgage, and I still have more than 300,000 yuan of mortgage to be repaid.
In the past two years, I have plans to get married. Now I am paying off my mortgage and saving money to get married.
But I am not particularly anxious. After all, I have a stable source of income, and I also have skills.
Although the mortgage brought me a lot of financial pressure, it gave me a place to live in this city. Psychologically, this stable life gave me a great sense of security.
For me, it's ideal to be able to pay off the mortgage at the age of 30, and I don't expect much savings.
I personally think that when you are 30 years old, saving money is not that important, and having the ability to settle down is the most important thing.
At any time, the most valuable wealth is not wealth itself, but the ability to create wealth.
At the same time, consumption should also be rational, controlled and planned.
After working in the mountains for three years, I deeply realized that many consumption and material needs are not so necessary. Now I will consider three questions every time I buy something, is this item necessary?
How practical is it?
What kind of convenience can it bring to my life?
I also believe in Occam's razor, "If you don't need it, don't multiply the entity." Simple and effective is my life creed.
"I can't stand up at 30, I have to rely on my parents"
30-year-old family deposits of 100,000 yuan for employees of Li Cheng institutions
"I can't stand up at 30", this is my current situation.
I was born in 1991 and will be 31 years old this year. After graduating from university, I returned to my hometown and worked in a public institution. I got married in 2018, and now my children are 3 years old.
It's not that I don't want to "stand up" and insist on gnawing at the old, but I can't stand up at all.
Working in a public institution in a small city, the salary level is not high. The monthly salary of 4,000 yuan is more than 3,000 yuan. My personal annual income is less than 50,000 yuan.
To buy a house and a car with only one's own income requires 20 years of struggle without food or drink.
Before we got married in 2018, the parents of both parties helped us buy this house of more than 700,000 yuan. At that time, the two of us together had more than 300,000 yuan in savings, and we had more than 200,000 yuan left after we got married. Boy, but we're still careless.
In 2019, my daughter was born. Because my wife is a dance teacher, I couldn’t work for a long time from pregnancy to the birth of my daughter. My family’s expenses all depend on my monthly salary of more than 3,000 yuan and my savings of more than 200,000 yuan. .
During that time, money was like running water. In my wife's words, the child was a "gold-eating beast with four legs".
My daughter's milk powder was purchased from abroad. A can of more than 400 yuan lasts for about 10 days. The little guy can drink half of my salary in a month.
Fortunately, the parents on both sides often help us take care of the children, and they also bear some expenses.
My daughter is 3 years old this year. She spent more than half of the savings of more than 200,000 yuan she saved from her marriage.
At the beginning, I saved money for marriage and having children. Now I feel that as long as the children grow up strong, the parents of both parties are healthy. The savings is just a number, which can guarantee the life. Safety and stability are more important than anything else.
When we should rely on our parents, we still have to rely on them. Both of us are only children, our work is also in our hometown, and our parents are in the same city.
I don’t think chewing is always a bad thing, just like my parents, if I ask them for help if I have any difficulties, they will be very happy and feel that they need them even when they grow up. This sense of need is also a way of expressing love. kind of manifestation.
However, it is still necessary to be restrained and not be too dependent on parents.
At thirty, it doesn't matter whether you can stand up or not. What matters is to find a balance between material needs and savings. Savings are just numbers, and life is the essence.
(At the request of the interviewee, Qi Yan, Annie, Yang Yang, and Li Cheng are all pseudonyms.)
(Sino-Singapore Jingwei APP)