The Chinese Secret to Saving Money Revealed [YJwns62NFRE]
🐪 Hump Days Newsletter ➭ Here's how the Chinese save so much money. China’s Gross Savings Rate is 45.9%. Meanwhile, data in the US suggests that the savings rate is closer to 3.5-5%. How is it that the Chinese Save SO much money? I explain in today's video! Enjoy. 💸 SoFi Checking & Savings: Get up to 4.20% APY, pay no account fees and earn $250 when you sign up and set up direct deposit. Terms apply ➭ FREE STOCKS: 🏆 Webull Deposit a Minimum of $500 and Get a Guaranteed $50 Free Stock: 🏆 WeBull UK: (Get 2 Free Stocks when you deposit £100 and maintain funds for 30 days) 💸 SoFi Checking & Savings: Get up to 4.40% APY, pay no account fees and earn $250 when you sign up and set up direct deposit. Terms apply. 📈 MooMoo: Click this link to get up to 15 free stocks when you make a qualified deposit Terms & Conditions Apply: 🎓 Public: to get $10 worth of free Stocks RESOURCES: ▶️ Join the Patreon Community ➭ 🐪 Hump Days Newsletter ➭ 💳 My Favorite Credit Cards ➭ FREE GUIDES/TEMPLATES: 🏠 Investing 101 PDF: 🏖 The Financial Mastersheet: 🚗 Car Lease Payment Calculator: 💵 Net Worth Tracker: PERSONAL LINKS: 🎥 My YouTube Setup ➭ 🌍 Rickie (Editor) ➭ 🗞 Twitter ➭ 📸 Instagram ➭ 🚀 Tik Tok ➭ Timestamps: 0:00 - Intro 0:27 - Stats on Savings 0:54 - Why Chinese Are Excellent At Saving 3:22 - Demographics 5:19 - The Secret 6:54 - 4 Factors the Chinese Prioritize 7:32 - The 10:1 Rule 8:50 - Factor 3 10:11 - Factor 4 📧 GET IN TOUCH: I'd love to hear from you! If you have a longer question, or if you have a business related inquiry, please then send me an email at [email protected]. I try my best to reply to all e-mail but sometimes I do not have enough time to respond to everyone. PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel