First, the cultural differences between China and the United States in borrowing money.
1, Americans borrow money from banks, while China people like to borrow money from private individuals.
No matter how careful you are, people will always be short of money in life. Buying a house, holding a wedding and buying a new house all require a smooth turnover of funds. In daily life, when Americans don't have enough money to spend, they borrow money from banks with credit cards. So it is not surprising that Americans have ten or eight credit cards. Borrow money from the bank when buying a house or a car. In short, as long as it is for daily living expenses, as long as there is no money, borrow it from the bank. This is the American way of life, the debt economy.
It's not that China people don't like to borrow money from banks, but that ordinary people couldn't borrow money from banks in the past. Now you can get a bank loan when you buy a house or a car. Credit cards are not popular in China, so it is unrealistic for individuals to borrow money from banks to maintain their daily expenses. In this case, China people have a very obvious feature of borrowing money. When they are short of money, the first thing they think of is their parents, brothers and sisters and other relatives and friends, and even ask colleagues to operate. In America, borrowing money from relatives and friends happens, but borrowing money from colleagues is very rare. Because Americans don't have this concept, they don't need to do anything for their friends. Colleagues at work, behind closed doors after work. If people don't invite you, you can't even get on their door.
Second, Americans would rather give than borrow, while China would rather borrow than borrow.
1. When parents and children borrow money from each other, the cultural differences between China and the United States are even greater. In China culture, it is a bit "natural" for children to borrow money from their parents. The down payment for buying a house is short of money. Parents are the first people that children think of. This is not borrowing. As China's parents lend money to their children, it is natural. Perhaps this is a way for parents in China to care for their children, hoping that when they get old, their children will understand their parents' hard work. At the same time, in the minds of parents, borrowing money from their children means asking for money, and this face cannot be lost.
2. The relationship between parents and children in the United States is rational, and parents bear full legal responsibility for the upbringing of their children 18 years old. When children come of age, parents no longer have the obligation to support them, nor do they have to bear corresponding economic responsibilities. Children live independently after marriage, and parents should work hard for their own lives.
Third, Americans need to sign an agreement to borrow money, while China has an oral agreement to borrow money.
1. If the father asks the child to borrow money, the child says no problem, but he has to sign a loan agreement. What would you think in this situation? In America, it is reasonable for children to do so. But in China, this is a bit unreasonable. Generally speaking, it is known that China family members borrow money from each other verbally.
Americans really have some legal concepts, especially in terms of money. For example, Julie, 17 years old, has been working in her spare time since junior high school, and has saved more than 30 thousand yuan in a few years. Julie's father resigned to open a retail store, but wanted to borrow it from his daughter when he was short of money. Julie said to her father, no problem, but an agreement should be signed, stipulating that when Julie needs money, her father has to pay it back, and it is also with interest. In the end, both father and daughter are happy. Dad got the money, and Julie was happy to help dad. In addition, the borrowed money has interest.