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Banks' one-year fixed deposits are now at 0.95%
It's not that banks are stingy, it's that the current environment makes it hard to earn money
Enterprises don't dare to expand, everyone spends cautiously, and banks have nowhere to invest their money, so why would they give you high interest rates?
Prices have risen very slowly this year, pork is cheaper than last year, car prices keep dropping, and even second-hand housing prices are generally continuing to fall.
The same 100 yuan could buy 3 catties of vegetables last year, but now you can buy 4 catties
30,000 yuan in deposits earns 3,000 less in interest, but the house you want to buy is tens of thousands cheaper. The car you want is also tens of thousands cheaper!!
Falling interest rates ≠ wealth shrinking. Falling interest rates = things getting cheaper. Your cash is worth more.
To survive and make money in 2026, use this cash management strategy
30% buffer money in current accounts + money market funds, keep 3-6 months living expenses
30% locked-in money buying five-year government bonds or large certificates of deposit, lock in long-term rates
40% bottom-fishing money in short-term fixed deposits, only wait for opportunities and don't act rashly.