A girl born after 1995 said that she had little pocket money since childhood and often went hungry. When she grew up, she was easily influenced by marketing and began to make retaliative consumption. In 2018, she bought nearly 300 lipsticks alone, one a day on average.
“Roughly rounded: Investment 50000 Citic 4500 beauty group 27000 baidu 55809 Flower Bai 16918 Jingdong 5000 borrow bai 1000 friends 2000.”She posted a detailed repayment plan and listened carefully to everyone’s opinions.
The 30-year-old netizen who was swindled out of 600,000 yuan in five days was a mother who had just given birth to her second child.For her, the fraud happened for no apparent reason, with someone posing as a Courier adding her WeChat and then directing her to brush the bill.
“Step by step was set into 600 thousand, those days have lost reason, all seek friends to borrow money, even with two network loan platform borrowed 160 thousand”, big hole do not know how to fill at the same time, she still has a newborn child waiting to feed, has paid the deposit house to pay down payment.
Another carefully combed through the previous four years of his own debt, in which many people may find their own shadow:
A friend of mine told me about the group’s existence. As a girl who also loves shopping and can’t resist Li jiaqi in the middle of the night, the moment she enters the group, she is still shocked.She wondered how anyone could casually owe tens or even millions of dollars for not buying a car or a house, and where they spent it.Why would anyone owe so much and not know it?
Many of us may be similarly curious, but the truth is that young people today are more “divided” about money than we realize.
At the end of last year, Nielsen published what it said was the country’s first report on the indebtedness of Young Chinese consumers.According to the report, the penetration rate of overall credit products among Young Chinese has reached 86.6 percent.
Although the figure is close to 90 per cent, nearly half of them use credit products as payment instruments, such as credit cards, which are settled interest-free, said He Xin, director of Nielsen’s consumer insights research, in the report.After deducting the payment as a means of payment, the real debt of Young People in China accounts for about 44.5% of the whole young people.
Some of them believe that “money is not saved” and “rich people are highly leveraged”. In order to maintain high consumption, they dare to walk a tightrope and wander among different consumer loan platforms and bank credit cards, proficiently robbing Peter to pay Paul.
Of course, there is no shortage of skilled people who actually get rich in this way.Another friend I know used this method to cash out all kinds of small investments and businesses. After the operation, he made his first pot of gold and got out of debt completely.
But more people, unable to jump out of the consumer credit blockade, desperate, someone had to run away, they will disappear overnight from the familiar interpersonal network, began a loss of social identity “exile”.More people will choose to end their own life in an extreme way, “one and done.”
One of the young people in the Group Debtors’ Alliance, after a failed charcoal-burning suicide, rose from her bed and continued to pay her debts alone.
Savers are in a league of their own.The existence of various “stingy” groups on Douban and various excellent notes that teach you how to save money on Xiaohongshu all indicate the huge individual difference of consumption concept. Some people who save 500,000 yuan when they are 27 years old owe 500,000 yuan when they are 27 years old.
What’s the difference?Perhaps age is not the most important factor. No one is in debt just for fun. Everything happens for a reason: growth, self-control, judgment and a gambler’s mind are all important.
That’s why the wave of consumerism has been so strong that some have ridden it, some have been caught in it, and some have been able to watch it from the shore.
Reprint indicated source：Shine Trader Limited Live information