Why do many people feel like one million is very little when they can't even afford ten thousand yuan? Essentially, two types of 'money' are mixed together: cash that can be used immediately and valuation that can only be posted on the account. First, let's take a look at the data: China's current M2 is about 332 trillion yuan, which means the total amount of money in society is only that much. If all of it is distributed to each individual, divided by the population of 1.4 billion, the per capita is about 237000 yuan. This number includes government money, corporate money, bank money, as well as various types of bills and foreign exchange reserves. If we divide all of these equally, the disposable money that each person can get is actually not much. Why do people think they have more money? Actually, they are all on the books. The most typical example is real estate. I have a house at home worth 10 million yuan, which means I have millions of assets. In fact, these millions of assets may not be able to be used at all. For example, the houses in a residential area have increased from two to three hundred thousand to two million, and it seems that everyone has made a fortune. But if you carefully open the account, you will find that there is a lot of moisture. For example, for 100 households, the first 50 households bought for an average of 200000 yuan per person, later some people bought for 400000 yuan, 600000 yuan, and finally some people bought for 2 million yuan. Combined, the actual amount of money spent in the entire community is 65 million. But once estimated based on the "latest market price" of two million, each set counts as two million, and the total price immediately swells to two hundred million. You see, the numbers have flipped up, but that's just a change in the price tag. If someone were to sell in a swarm, it would be impossible to exchange everything for 200 million. There is a wall between the wealth on paper and the cash that can be realized in your hands. Many people comfort themselves by saying that they have "millions of assets", but in fact, it is just an illusion given by the inflated housing prices. Price tag ≠ cash flow, even if the valuation rises sharply, it doesn't mean you can exchange it. In my social circle, I often talk about dowries worth tens of thousands of yuan and cars starting at 300000 yuan. I don't even blink my eyes when it comes to transferring money, and I can't even gather 10000 yuan of liquid money in my card. The most reliable indicator for determining whether there is money is never the number of properties under one's name, but cash flow. The quality of life is determined by whether one can earn money steadily, whether money comes quickly enough, and whether one can handle unexpected situations calmly. Real estate is certainly important, but it is more like a 'warehouse' than a 'wallet'. The warehouse is filled with goods, and temporary grocery purchases still require cash payment; If the warehouse cannot be moved, you will get stuck in daily small things. Financial security comes from three levels: Firstly, stable income (preferably with a growth slope); Secondly, available cash on hand (at least enough to cover several months of expenses); Thirdly, diversify risks (don't put all your chips on the same asset form). If you make these three things more substantial, your perception of numbers will change - when you see "one million", you won't be complacent, and when you see "ten thousand yuan", you won't be at a loss. If you earn 50000 yuan a month, even if you rent a house, you are still a wealthy person. A person with high income and large cash flow is truly wealthy. If you earn a monthly salary of 3000 yuan and have a basic self occupied housing worth millions of yuan at home, you have little to do with the words' wealthy person '. As the saying goes, betting on the depreciation of fiat currency in the next 10 years is the correct operation, and all BTC/gold young people should invest.