Many sisters saw a set of data today, and some of them were scared: in the first quarter of 20 18, the total outstanding credit of credit cards overdue for half a year reached 711480,000 yuan.
You know, in 20 10, this figure was only 7.689 billion yuan, an eight-fold increase in just eight years!
You are used to spending more money than you want, and you can always pay back a dress by installment of 12. ...
No wonder, free, gift-giving, winning prizes, all major platforms simply kneel down at you in stages.
Have you ever wondered what's wrong with them being so concerned?
1
I randomly searched a platform for mobile phone installment service, and the handling fee was 0.5%. According to the algorithm that ordinary people take for granted:
The annual interest rate is only 0.5%* 12=6%.
This set of money, I can earn it back by investing in a fund casually.
It's naive, the algorithm you think is completely wrong!
It seems that money is spent on buying time, but the interest rate is actually too high. You treat it as a father, but it treats you as a money-making machine.
We must define a concept: loan principal ≠ use principal, which is the key to calculate the real borrowing cost.
Give a chestnut. The price of this mobile phone is 83 16 yuan, and it was purchased in installments of 12. The handling fee rate is 0.5%, and the repayment amount for each period is:
8316 ÷12+8316× 0.5% = 738.045 yuan
12 installment, total repayment amount:
738.045× 12=8856.54 yuan.
So buying a mobile phone in installments is equivalent to paying interest:
8856.54-83 16=540.54
The loan principal this year is 83 16.
83 16÷ 12 is the average principal used during the loan period.
Did you find any problems? Have you been using the principal of 83 16 yuan this year? Obviously not. With your monthly repayment, the use of the principal is getting less and less. The relationship between them should be loan principal ≥ use principal.
To be more extreme, you will know that we have paid off most of the money in the first 1 1 month, but the principal and interest in the first 12 month are still 738.045 yuan! The interest you pay back every month is actually calculated according to 83 16 yuan.
It's like playing an IQ game. Do you think this is a pit?
There is actually a ready-made formula for calculating the real interest rate:
Annual interest rate = (monthly interest rate × n× 24) ÷ (n+1) = (0.5 %×12× 24) ÷ (12+1) =1.
Almost twice as much as your subconscious 6%!
2
Remember Mei Duo's words: The stage is a pit, and it is naive for anyone to divide it.
Bank credit cards, flowers and white bars are all the same routine, but anyone who encourages you to divide the period with words that sound very affordable (except bank mortgage, the calculation method of interest is completely different) wants to earn your interest money without exception. After all, the profit inside is not generally high.
Calculated by Excel function, the actual annualized interest rate of installment in Bai Hua, Mei Duo is about 15%, while that in JD.COM is slightly lower, about 1 1%. Bank credit cards are not a good bird, and the interest rate level has completely exploded the salary increase and wealth management income of most people.
three
Reasonable debt is the "arbitrage" of capital on the opportunity cost, which can realize low-cost capital recovery and high-return capital recovery, which is encouraged by Mei Duo.
However, in the face of a mixed market, specific issues still need to be discussed in detail. Remember these golden sentences, and you won't suffer:
Loans with higher interest rates such as credit card installment should be returned as soon as possible in non-emergency situations;
Low-interest loans, such as mortgages, the larger the amount, the better, and the longer the time, the better;
An interest-free loan is tantamount to giving you money for nothing. Just forget it．
Personal debt ratio should be kept at around 10%.
Consumption by stages should be moderate. Under the same interest rate, the more stages, the higher the actual annualization.
Besides, the most important thing is to invest in yourself, as Mei Duo always said. Talent is the product with the highest rate of return. When you are young, you grow fastest. At this time, every cost of self-appreciation will bring you multiple returns in the future.