Friends, after May Day, the banks are going to be reformed, have you heard? This is closely related to the lives of each of us, whether it is saving money, taking loans, or even our children, who does not deal with the bank? Yesterday I chatted with my cousin, who works in the bank, and revealed to me the inside story of the major reform, which I think is very important, and I have to share it with you quickly, and everyone must prepare early.
First and foremost, be careful with the bank's credit card sales. My cousin said that their salesman had a high monthly task, and his salary was tied to performance. Since it is difficult to get a loan now, they began to focus on selling credit cards. But let's be clear, although credit cards are convenient, if you are not careful, you will spend a lot of money, and at the end of the month, you will be dumbfounded when you look at the bill!
I've suffered this loss myself, and I just brushed it up, and the bill was higher than my salary. Later, I quickly untied it, but because I didn't use it for a year, I was charged an annual fee, and even the late fee came out, which really outweighed the loss. Don't block yourself because it's convenient!
The second point is not to keep your money in a small bank just because the interest rate is high. Now the policy allows small banks to go bankrupt, and once they fail, our deposits will be at risk. Although the high interest rate is attractive, safety comes first, friends, we can't afford to lose money overnight.
Finally, the question of deposits, don't put all your eggs in one basket. Remember, if the bank fails, the maximum compensation is 500,000. So, no matter how much you save, you can't get back the excess amount. It is safer to spread the money to several banks, and don't put a large amount of money into it for that little profit.
By the way, have you heard of the phrase "don't put all your eggs in one basket"? It's really practical here! Although it may be less interest or gifts, the safety of the principal is the most important thing, right?
That's what my cousin told me, and I think it makes a lot of sense, and I have to tell you. Do you have any other good methods or experiences to share, let's keep our money bags together! What do you think? Come and discuss!