Some institutions have statistics showing that the savings rate of Federation family income is about five to eight percent.
In other words, if a worker earns forty yuan a month, only two to three yuan will be saved in the bank, and the rest of the money is used to pay various bills and expenses.
Of course, they also keep some cash on hand, but it does not account for much of their total income.
Even middle-class families only have a savings rate of ten to fifteen percent, which is actually not very high.
Ogre is someone who knows how to manage his finances. He saves about three to four yuan in the bank each month, amounting to around fifty yuan a year.
In ten years, he can save five hundred yuan, and in twenty years, he can save a thousand yuan, based on his current income level.
If we consider the loans and repayments he has to bear, his money isn't easy to mobilize!
