Financial consumption is the behavior that people enjoy the services provided by financial institutions and buy goods provided by financial institutions in order to meet their own consumption needs.
financial consumption is generated when people's income reaches a certain level and they have certain conditions. Financial consumption in a narrow sense refers to enjoying the services provided by financial institutions; Financial consumption in a broad sense refers to not only enjoying the services provided by financial institutions, but also buying the goods provided by financial institutions. Generally speaking, financial consumption is the behavior of people to meet their own consumption needs, enjoy the services provided by financial institutions and buy goods provided by financial institutions.
What is a financial consumer? If you have a credit card, a bank deposit, or a wealth management insurance product, you are considered a financial consumer. Not only individuals, but also units that buy financial products.