Editor’s note
- Chinese savings tips: Simple, but makes you rich
- Chinese savings tips: Money must circulate
- Chinese savings tips: Lifestyle discipline
- Chinese savings tips: Rarely incur debt for consumer goods
- Chinese savings tips: Taught from a young age
- Chinese savings tips: Set clear goals
- Chinese savings tips: Don’t be afraid to start small
- Investing is not an option, but a necessity
- Make a smart distinction between needs and wants
- Keep track of financial records, even if they are simple
- Don’t be afraid to lead an ordinary life
- Not that you shouldn’t enjoy life, but know when it is time
Chinese savings tips: Simple, but makes you rich
Have you ever wondered why so many seemingly ordinary Chinese people are actually incredibly rich?
It is not magic, it is not an inheritance. There is a simple trick behind their (Chinese) lifestyle: quiet, yet the money keeps flowing in.
Chinese savings tricks: simple but effective. Did you know? For the Chinese, saving is not a choice, it is a culture. And that is not because they are stingy, but because they truly understand one important thing.
A small amount is the foundation for great wealth. Saving is the most important thing, not waiting for what is left over.
This is the most basic way of thinking, but it is often misunderstood. You often hear people say: “Save until you have something left over.” Are you sure you have something left over every month?
The Chinese think differently. As soon as they receive money, the first thing they do is secure their savings.
For example, if they receive a salary of 10 million rupiah, they immediately set aside at least 30% to save or invest.
Not later, when there is still something left over, but the most important thing is to save this first. The rest is then used for necessary expenses, not the other way around.
Because if you wait for what is left over, believe me, the remainder is often zero. Secondly, they are good at controlling their urge to consume. The Chinese know all too well how great the temptation to shop is, especially now that everything can be ordered with a single click. But the Chinese have a principle: if you don’t really need it, don’t buy it.
Take, for example, a family that has owned a printing business for decades. They have a lot of money, but they still use a four-year-old mobile phone, a simple motorcycle, and eat at street stalls.
He said: “Why waste money on style if it is only to impress people who don’t care about your life?”
We can learn from that. It is not that they cannot afford it, but they understand priorities. You know their saying, don’t you? It is better to have a lot of money and live simply than to appear rich but be broke.
Chinese saving trick: Money must be recycled
This is an important point. The Chinese do not just save money to hoard it. They save, but they also reuse it. A simple example: if they have 50 million rupiah in savings, they invest 20 million in a small business. They invest the other 20 million in a small enterprise, such as selling food or opening a small grocery store.
It doesn’t have to be big; the most important thing is that it works. They understand the concept of money working for you. Don’t let your money sit idle; it must work for you. Saving is good, but investing is also important.
Chinese saving tricks: a disciplined lifestyle
The Chinese stick to the same lifestyle, even when their income rises. Take, for example, this owner of an electronics store, who earns 100 million rupiah a month.
But he still eats his lunch on the road. His car is still an old one, as long as the engine is good. He says: “If my lifestyle changes every time my income rises, then I won’t have any money left to invest.”
And indeed, discipline in your lifestyle is essential to having capital for the next step. Because if your salary rises, but your lifestyle does too, that is not growth, but a vicious circle. You work hard, but everything stays the same.
Chinese saving tricks: rarely incurring debt for consumer goods
Just take a look. Most Chinese people are opposed to debt for consumer goods. They might incur debt, but usually for productive purposes, such as increasing working capital, buying real estate to rent out, or expanding their business.
But when it comes to buying the latest gadget? No. They prefer to wait or look for second-hand items that are still in good condition. For them, debt is a double-edged sword. It can either help you move forward or harm you.
That is why they are so cautious, because their principle is: if you cannot pay it back in full, don’t buy it.
Chinese saving tricks: learned from a young age
Did you know? Most Chinese people understand the value of money at a young age. Some children help their parents with their small shops as early as primary school.
So, they understand not only how to sell, but also how difficult it is to earn money. That is why, when they are adults, they do not just spend money indiscriminately, because they know what it is like to earn it.
It is not about not being allowed to play or have fun, but rather about knowing the boundaries.
Saving tips for Chinese people: Set a clear goal
They do not save just for the sake of it, but for a specific goal. For example, to buy a house in 10 years, for their own business, or for their children’s school fees.
The money they save therefore has a purpose; it is not simply collected without them asking themselves what to spend it on. And because they have a goal, they become more motivated and disciplined. Savings tips for the Chinese: Don’t be afraid to start small
When the Chinese want to start a business, they are not afraid to start small. With a starting capital of one million rupiah, they sell food.
With a starting capital of 5 million rupiah, they open a small shop. They do not wait for investors. Because they understand that it is important to take action first.
Those small steps can grow into big steps. And when they have collected enough money, they can open branches, add more products, or expand their business. Progress is more important than perfection in the beginning.
Investing is not an option, but a necessity
Have you ever heard of investing? The Chinese are very familiar with it. But their investments are not always in the form of stocks or investment funds; sometimes they take the form of land or real estate.
Essentially, they realize that money sitting idle loses value. So they try to invest a portion of their savings where its value can grow. You can start small, for example with 100,000 rupiah per month. The most important thing is to start. Rich are not those who deposit a large amount all at once, but those who consistently save small amounts.
Being able to distinguish clearly between needs and wants
This is where we often fall into the trap. Sometimes we say: “I need new shoes,” while our current shoes are still in good condition. From a young age, the Chinese learn to think twice. This is absolutely essential.
And they have a habit of postponing purchases. So if they want to buy something, they wait a week.
If they still want it a week later, they think about it again. But often the urge disappears on its own. That is why they rarely regret impulsive purchases. And their savings are safe.
Keeping track of financial records, even if it is simple
Many Chinese people meticulously record their income and expenses, even if it is just in a small notebook or on their phone. But it is important, because that way they know where their money is going and what they need. Where can they cut back? And this really helps with financial management, because you cannot manage what you do not know.
Not afraid to lead an ordinary life
Many of them realize that a good life does not come from designer clothes, but from a sense of security, debt-free, and a solid foundation.
That is why, despite their high income, they do not rush to increase their lifestyle. The most important thing is that their children can go to school, their parents are well taken care of, and they can sleep peacefully every night.
You might think it is boring, but it is actually very relaxing. Because they are not hounded by repayments, do not have a headache at the end of the month, and can continue saving.
Not that they do not enjoy life, but they know when it is time
This is important. Many people mistakenly think that the Chinese are stingy. That is not true. They can afford to go on vacation, eat well, and buy expensive things. But they only do that after their financial goals have been achieved. So, enjoying life as it is, without making it a top priority, ensures a more balanced life.
The tricks mentioned above are simple, but that does not mean they are easy to implement. It requires time, discipline, and patience. But if you want to escape the vicious cycle where your salary runs out before the end of the month, you can start now. Do not rush into making a large investment. Start with 50,000 IDR per week. The most important thing is that you start and have the courage. Or 10% of your salary per month. Because that is where the journey to becoming a real trader begins.
Slowly but surely, simply but consistently, and you will quietly make progress, surpassing others who merely appear successful. ***tok
