Author \ Today's Weekly

Taiwan Province's housing prices are high, and wages can't rise. Even if young people work hard, it is difficult to save a down payment for buying a house. Recently, some people posted on the Internet that a friend and husband borrowed money to buy a house together, and the down payment was paid by the woman's mother, but her mother-in-law learned that the house was registered in the daughter-in-law's name and cried and told her son that it was very sad. This article triggered a hot discussion among netizens.

In fact, it is the pain of many young people that they can't afford a down payment on their house. Nowadays, when young people buy a house, most of them rely on their parents for the down payment, and then repay the house loan on schedule. If they want to save a down payment on their own, they can try to help themselves accumulate a house-buying fund in a disciplined way through "forced savings" in addition to increasing their income.

Looking at the ways of forced savings in the market, "fixed deposit in the bank" is the simplest and the favorite way of Chinese people. There are two common ways of bank deposit, such as lump-sum deposit and lump-sum payment. If you don't want to have too much pressure on saving money, you can use the method of "lump-sum deposit and payment", which is similar to the concept of regular quota, and deposit a sum of money in your account every month.

in addition, time deposits are divided into "time deposits" and "time savings deposits", among which there are new Taiwan dollars and foreign currencies. If young people want to accumulate a deposit through bank deposit, it is suggested that they can first clarify three ways: one-year fixed deposit and fixed deposit of NT, preferential deposit of NT and preferential deposit scheme of foreign currency, and then choose a suitable deposit scheme according to their own needs.

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1. One-year fixed deposit and fixed deposit of NT$

Zhou Chunru, managing director of Money 11 Taiwan Province, said that when people compare their bank deposits, they will find that there is a difference between the "flexible interest rate" and the "fixed interest rate", suggesting that people can choose the "flexible interest rate" if they are optimistic about the central bank's interest rate increase in the future, so that their deposit interest rate can increase with the general environment.

Observing the current one-year mobile interest rates of domestic banks, Antai Bank, a local bank, has the highest annual interest rate, with a fixed deposit of 1.7% and a fixed deposit of 1.9%; The one-year machine interest rates of China Trust, Guotai Shihua, Taibei Fubon Bank and the eight major public banks are set at 1.65% and 1.9%. The fixed deposit rate of foreign banks is between .3% and .94%.

according to the expected deposit of funds for one year, as suggested by Zhou Chun, people can choose "fixed deposit" because the interest rate of fixed deposit will be higher than that of fixed deposit for the same deposit period of more than one year.

In addition, there are two differences between fixed deposit and fixed deposit. First, fixed deposit provides a deposit period of less than one year, while fixed deposit must be kept for at least one year; Furthermore, the fixed deposit bears interest at simple interest, while the fixed deposit bears interest at compound interest, with the same deposit of 1 million yuan, and the one-year interest gap is 43 yuan; If the time is extended to three years, the interest gap will widen to 25 yuan.

Second, the preferential deposit scheme for NT dollars

Seeing that Chinese people prefer to save, in addition to ordinary bank deposits, some banks have also introduced preferential deposit schemes for NT dollars, that is, through high-interest deposit schemes, people can earn interest.

Observing the preferential deposit schemes of the banks, it is found that the threshold for digital accounts of Wangdao Bank, South China Bank, Taixin Bank and Zhaofeng Bank is lower, which is more suitable for young people. Among them, the digital account of Wangdao Bank has the highest annual interest rate of 2.88%, with a minimum deposit threshold of 1, yuan in 1 yuan, but only for new customers.

In addition, the annual interest rate of the digital account in South China is 1.1%, and the threshold for deposit is 1 million to 1, yuan; Zhaofeng digital account has an annual interest rate of 1.2% and a threshold of 5, to 1, yuan. The annual interest rate for active deposit of digital accounts in Taixin is 1%, and the threshold for deposit is 1 million yuan in 1 yuan.

iii. foreign currency preferential deposit scheme

RMB and USD are the most popular foreign currency deposit currencies this year. In the RMB part, Xinguang Bank, Taixin Bank and Tuyin Bank have introduced preferential deposit schemes for RMB. If we look at the threshold of deposit, we will use Taixin Bank's living profit to run the FUNX scheme, with a three-month annual interest rate of 3.5% and the minimum deposit amount of RMB 1,.

the threshold for deposit and withdrawal of U.S. dollars is relatively high, and the minimum deposit amount is 5, dollars. According to KGI's foreign currency preferential plan, the threshold for deposit falls to $5, to $5,, and the 12-month annual interest rate is 2.75%. It should be noted that there are relevant conditions and restrictions on foreign currency, such as restricting new funds or terminating deposit and transferring, etc., which can be clarified first to avoid damage to rights and interests.

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On the whole, Zhang Guanxiong, senior associate professor of financial planning department of KGI Bank, suggested that young people should avoid two traps in financial management.

The first trap is "the devil of desire", and indulgent and arbitrary consumption is also a considerable sum. The way to get rid of it is to develop disciplined consumption habits and reduce unnecessary temporary consumption.

The second trap is "pursuing short-term wealth". If you want to get rich in the short term, you will speculate. If you bet on products with high returns, you will have to bear high risks behind ignoring high returns. The way to get rid of this is to have the "first bucket of gold" first, and then adopt a prudent investment strategy to improve the investment odds.