At the end of each year, the biggest expectation of workers is the year-end bonus.
On social media, many netizens are posting the year-end red envelopes they got.
However, in addition to being happy, there are also some people who make difficulties: how can this money be arranged better?
Today, let's talk about: how to save to maximize the income when you get the year-end bonus?
How did everyone spend the year-end bonus?
We interviewed 3 friends around us to hear how they spent their year-end bonuses last year.
In the face of this "big red envelope" other than the normal salary, everyone's disposal is different, some people directly buy and buy and consume, and some people choose to plan and spend it again, and consumption and savings are correct.
So how do most people arrange it?
According to a research report released by Zhaopin.com, in terms of how to deal with year-end bonuses, "savings" ranks first, followed by "filial piety to elders", "shopping", "loan repayment", "investment and financial management", and "child training......
The mainland's savings rate is the highest in the world, and it is no joke. Many friends feel that it is more secure to save than to spend all the year-end bonuses.
However, the problem also arises, the bank interest rate is getting lower and lower, and the interest is also pitiful, how to save this money better? How to plan the year-end bonus to maximize the income?
How to arrange the year-end bonus and have a higher income?
In order to avoid the "red envelopes" obtained by hard work for a year, which can be spent at once, or lying on the bank card to "sleep" and not being able to make money, it is recommended that you use the idea of classification to plan the year-end bonus.
Specifically, divide the year-end bonus into 3 parts: the money to be used at any time, the money planned to be used in recent years, and the money that is not used for a long time.
1. Money to be used at any time: money market funds
That is, the money to be spent for the New Year, such as giving red envelopes to the family, buying gifts, round-trip tickets, party expenses, etc.
It can be used at any time, which means that the most important thing for this money is that it has good liquidity, low risk, and can be taken out immediately when needed, and it is even better if you can make a small profit.
Money market funds such as Yu Yu Bao and Chao Chao Bao are very much in line with these requirements, and the money is put in it every day to earn a little bit, about 2%, and it can also be taken out at any time when needed, which is very convenient.
However, the returns of money market funds are also high and low, so we can compare them more and choose our favorite products before investing.
2. Money planned to be used in recent years: bank deposits/wealth management
If the money will be used after a period of time, such as for travel or exam study, then you can combine the time of use of the funds to obtain higher returns on the premise of trying not to lose money.
Like the familiar bank fixed deposit, it can be released as short as 3 months and as long as 5 years. Although interest rates have been falling, there are still some small and medium-sized banks with relatively high fixed deposit returns.
Here we have compiled some of the information:
If you want to save, you must look for the "deposit insurance" logo, and the money deposited in each bank should not exceed 500,000, so that even if the bank fails, we will not have a loss.
In addition, we can also consider bank wealth management, or bond funds, etc., which generally have lower risks and slightly higher yields than money market funds, which can be bought on bank apps, Alipay, and wealth management links.
However, remind everyone that if you want to buy the above products, remember to pay attention to the expiration time and redeem them in time.
3. Money that is not used for a long time: savings insurance
If you want to save for a long time, you can consider investing in products for a longer period of time to obtain higher returns. Of course, the specific choice of which type of tool should be considered in combination with personal risk appetite.
If you pay more attention to high returns, and have certain investment experience, you can try fund investment, stocks, etc., and you may have a return of more than 10%, however, high returns are often accompanied by high risks, and the risk of loss of such products is also large.
If you are more inclined to seek stability and are not willing to bear any risk of loss, you can also consider savings insurance [Insurance Mall], such as increased whole life and annuity insurance.
This kind of product writes the income into the contract, is protected by the "Insurance Law", and has a high level of security, and can have a compound interest income of nearly 3%~4% in the long term, even if the interest rate falls in the future, it will not be affected in any way.
However, it should be noted that the benefits of this type of product will take a long time to see, and there will be a risk of loss when surrendered in the short term. That's why we say we need to invest money that we don't need for a long time.
However, from another point of view, this shortcoming also has benefits, it can be forced to save money, plus compound interest and appreciation, it will accumulate unconsciously and may play a big role in the future.
Just saying that, you may still have no perception of the income of savings insurance, let's take "a 30-year-old woman, take a one-time 50,000 year-end bonus to invest in a certain increase in whole life" as an example, let's take a look at its actual income:
At the age of 40, the IRR is 2.73%, which is converted into simple interest of 3.09%, and at the age of 70, it can increase to 159,000, with a simple interest of about 5.4%, which is more than twice as much as the money invested.
If you need money in the middle of the journey, you can use part of the cash value through the insurance reduction function, and if you don't need it, you can also keep it in it to increase your value, and the longer you hold it, the higher the income.
Of course, this is just an example, you can choose the payment period and amount according to your own situation, and the maximum can be divided into 20 years, and the minimum annual investment is only one or two thousand.
Here is also a reminder to everyone, some high-yield savings insurance, such as Fuduoduo No. 1 [Insurance Mall], has just been adjusted off the shelves, and there will be fewer choices in the future, if you want to take the year-end bonus for long-term planning, it is recommended to understand in advance.
To sum up, the year-end bonus is planned in this way, which can not only meet the short-term demand for money, but also take into account the medium and long-term planning, which is equivalent to "using money to make money", and finally achieve additional "salary increase".
Write at the end
Giving out the year-end bonus is the happiest time of the year for many people, and taking care of the year-end bonus is also a matter that needs to be carefully planned.
Although everyone's year-end bonus amount and living needs are different, what we want to say is not only the year-end bonus, but also the allocation idea in the face of every additional cash flow.
Financial management is to manage life, I hope we can all plan our personal finances, manage our lives well, and harvest the life we want.
Have you received the year-end bonus?How are you going to arrange it?Welcome to share :)
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