Financial Management Under Interest Rate Increase: Deposits Need To Be Segmented &Nbsp, And The Way Of Repayment Is By Choice.

Unanticipated central bank

Tip 1:

When the boots of interest rate rose to the ground, the market's discussion on the increase in interest rate channels has been heard. Many agencies have predicted that there will be 2 or 3 additional interest rates in 2011.

In this regard, financial experts pointed out that in such a rate hike cycle, if investors choose time deposits, the deadline is best not to exceed a year, and a single time deposit amount should not be too large.

We should choose the "ladder deposit law" or "12 deposit receipt method" in combination with our own capital needs.

In detail, the "ladder deposit law" is more suitable for people with large sums of money.

For example, the idle funds of 600 thousand yuan can be divided into three parts and 200 thousand yuan, and deposit time deposits of 1 years, 2 years and 3 years respectively.

After a year, the 1 year term deposit will be renewed and changed to 3 years' regular. After second years, the 2 year deposit will be renewed and changed to 3 years.

So, three years later, the original three time deposits became regular periods of 3 years, and there was a regular expiry at the beginning of each year.

If there is a need for large expenditure in the year, it can be regularly taken out at the expiration of the current year. If there is no large expenditure, the year-end year-end balance can be added, and the first one will be a 3 year period.

This will ensure that the annual expenditure will not be affected, and it can also get the proceeds calculated according to the 3 year periodic interest rate.

The "12 certificate of deposit" means that the balance of the monthly balance will be kept on a regular basis every year, and there will be 12 one-year fixed deposits in one year.

From second years, a deposit will expire every month. If necessary, the expired capital can be removed and used. If it is not needed, it can be combined with the same month and be renewed as a fixed deposit.

This method is more suitable for people who do not have too much money. After all, from second years, there will be a deposit account for each month, which is more convenient and flexible.

Tip two:

Tip two: buy "short term" financial products

Recently, people from various major banking outlets have been consulting financial products in an endless stream, asking whether the proceeds of bank financing products have been improved after raising interest rates.

In response, many bankers said that because of the increase in cash assets after raising interest rates, the earnings of financial products are expected to break through the current annual yield of 4%.

Based on this consideration, bank financial experts suggest that investors should buy "financial products" under the current interest rate hike. They should not be afraid of trouble. After all, in a reasonable asset allocation portfolio, good liquidity is a major premise.

Tip three: choose the repayment method by choice.

During the shopping season, banks have seized time and launched a series of shopping card credit activities to maximize the benefits of consumers while increasing the market share of credit cards.

However, when the credit card is comfortable, consumers will easily incur penalty if they ignore the timely repayment link. Even the amount of penalty is much higher than the value of the gift itself.

For this reason, bankers remind consumers that they may choose the repayment method according to their own circumstances.

First of all, for people who are forgetful or traveling all the year round, they can choose the automatic repayment method of related accounts.

The debit card, passbook and other credit cards related to their own banks will be linked, and automatic repayment services can be opened through the counter, online banking, customer service and so on.

However, although this method is convenient and free of charge, investors need to ensure sufficient funds in the debit card.

Because the date of debit card payment is often the repayment date, if the balance is insufficient, the credit card will incur full penalty.

Secondly, for young people who like online shopping, they can also choose third party payment.

It is understood that in the third party payment institutions, Alipay, UnionPay online, fortune paid, quick money four have the most comprehensive service capabilities, and can repay most of the bank credit cards.

People who choose this repayment method need to pay attention. Because most of the third party payment platforms do not support real-time arrival, their arrival time is usually the one or two working days after the payment. Therefore, the repayment person has better make a few days' advance payment.

Third, for the elderly card holders who often go to convenience stores, they may choose to pay locally.

Now many convenience stores or shopping malls are equipped with the "La Carla" self service credit card terminal. You can repay your credit card by using any debit card of any bank.

However, due to the inconsistent arrival dates of banks, the use of "La Carla" suggests early repayment.

Fourth, for those lazy people who like to stay at home, it is recommended to choose the telephone repayment. The cardholder can simply complete the 24 hour customer service hotline by calling the bank to complete the credit card repayment easily, eliminating the trouble of looking for bank outlets everywhere.