The second update is to give you more updates to the moonlight that you can’t catch!

Zhang Chao and Cui Yingying are both keen on making money. Zhang Chao wants to make more money so that he can live a comfortable and comfortable life in the Tang Dynasty. If he has money, he can build the more than 16,000 acres of ditch slopes he bought into an ecological breeding planting base. Cui Yingying thought it was simpler, and he could buy land after making money.

If you buy a lot of land, the better. Cui Yingying hopes that her family can have tens of thousands of acres of fertile land. If others don’t want to sell land, they will spend money until they are eager to sell it. If he can’t buy land on Bashang, he will go to Lantian to Xinfeng to Liyang and Xianyang in Jingyang, and even to Shannan, Hebei. Anyway, if you buy the land, even if you rent it out, it will be a high-quality industry that can be passed on to your descendants.

Both husband and wife can spend money, so Zhang Chaoyue needs to make money.

Fortunately, Zhang Chao is still a good person to make money, and Cui Yingying is also good at making money. Her methods of making money are much simpler than Zhang Chao. She has shops and manors in the city, but these are nothing. Since Zhang Chao told her about the business philosophy of some money shop pawn shops.

Cui Yingying, the number one abacus master in the Tang Dynasty, has already figured out this matter.

How can you let such a good thing go? Cui Yingying plans to open a new pawnshop in Chang'an, specializing in mortgage loans, collect movable property and real estate as collateral, and then lend and lend.

She even thought about the price. The mortgage is only 40% of the original price. If the redemption is paid, the interest will be paid, and the interest will be set at 80% of the monthly profit. If the period is not redeemed, it will become the property of the pawnshop and cannot be redeemed again and will be sold by the pawnshop.

It can also provide dead and renewal.

According to Zhang Chao's suggestion, Cui Yingying planned to set the current period within two months, regardless of the amount of pawning, it will only be two months. Two months are over, and it can be renewed for two months, but it can only be mortgaged at the price after mortgage, that is, mortgaged at 40% of the original price, and the interest rate will be increased by one cent.

Only accept one re-examination.

After the current period expires, if the person does not continue or does not redeem it for the full period, it will become a dead end.

Or you can just die from the beginning, but you can't redeem it if you die.

It's absolutely true, Cui Yingying plans to make the price at half of the original price.

Anyway, no matter how you calculate it, it is a very cost-effective deal. At present, only major temples have temple warehouses, which operate pawnshops. There are only a few stores operating such businesses in Chang'an City, and no one regards this as a real business.

Cui Yingying thought it could be done. Pawning requires cash and earning interest. Anyway, there is collateral, so it is much safer and more reliable than ordinary profits.

Zhang Chao did not object to Cui Yingying's idea of ​​opening a pawn shop. In fact, this was indeed a good deal. Of course, he had a strong capital, so he suggested to Cui Yingying that he could open a pawn shop, and in fact he could open another money shop.

Cui Yingying's dowry originally had a gold and silver shop, which made gold and silver jewelry, also engaged in exchange and other businesses, and even had storage services. The credit was not bad, but the money shop that Zhang Chao mentioned was like a pawn shop, not doing all kinds of businesses.

Money houses only specialize in exchange and deposit and loan business. If they reach a certain scale, they can even exchange and exchange.

"Why should I open a money shop first when I open a pawnshop?" Cui Yingying asked without shame. Cui Yingying admired her husband's various business ideas.

"Because you only need a lot of cash if you start a pawn shop. Otherwise, even if you set the current period in two months, the time is not short, and it will greatly occupy your working capital. Without money, you will no longer be able to collect it as a loan." Zhang Chao explained to his wife carefully.

"Continue." Cui Yingying looked serious and kneaded Zhang Chao's shoulders with her hands.

"Well, use some more force, right."

In the afternoon, the Zhang family, which had been lively for a long time, was relatively quiet, and my father was enjoying his life in the house.

On the first day of the lunar month, the family said that sleeping was a blessing.

Zhang Chao and Cui Yingying were also enjoying their happiness on the kang, but when they talked about pawn shops, Cui Yingying lost her sleepiness.

"You have to first understand what a money house is, a money house is to do exchange and deposit and loan business."

"The gold and silver shops are also used for exchange, as well as for storage and loans. What is the difference between a money shop and a gold and silver shop?" Cui Yingying was very smart and asked the key point in a moment.

Zhang Chao lay down and rested his head on Cui Yingying's thigh, which was quite elastic.

"Help me rub my head."

Cui Yingying's fingers were very slender, and she had a little nail, which was very clean. Her fingernails were scratched across her hair, making her feel very numb.

Zhang Chao closed his eyes comfortably, smelled the fragrance of his wife, enjoyed his wife's head massage, and then showed off to her the difference between a money shop and a gold and silver shop.

"Although gold and silver shops also do exchange and deposit and loan business, their main business is to make gold and silverware, while our money shop specializes in exchange and loan business, and we even focus on deposit and loan business."

Last time Zhang Chao went to the gold shop to exchange gold, and the exchange of gold for copper coins and silk would require a high handling fee. He even deposited the money in the gold shop, not only did he have no interest, but they also had to charge storage fees.

This is simply a robbery of money.

They have to charge storage fees when saving money, and they simply regard themselves as a bank safe.

Zhang Chao felt that these people were still a little too stupid. The interest rate for lending is so high that they can actually absorb others to deposit, and then they use the deposit to lend.

As long as there is no storage fee, it is changed to saving money and there is interest. I believe many people will be willing to save money.

After all, it is not safe to put money at home and cannot be rehabilitated. If it is placed in a money shop, it is both safe and rehabilitated. Someone will definitely be willing to do such a good thing.

"But why do you put your money in our money shop? Some people store some money in gold shops, but most of them are just short-term storage. Most of them are inconvenient for foreign merchants to carry money in Beijing, so they store money in gold shops, which is safe and reliable." Cui Yingying raised a question.

"And those big families don't need to deposit money in the store if they have money. They just use it to lend money, and the interest rate is higher, or buy land and buy property, which is also very cost-effective."

Nowadays, there are no commercial banks in the State Bank, and the wealthy families act as banks. Private lending is borrowed from them. The interest rate is very high and it is quite cost-effective. Therefore, Cui Yingying doesn't think that if she gives some interest, the rich will deposit the money in their bank.

"Even if it is an ordinary middle-aged family, there is not much money left, so they cannot be used to borrow or buy land, but they will not be left at home in vain. They usually put the money in some familiar stores, give the money to the store, and then give some bonuses at the end of the year."

This is another very distinctive situation. Generally, people who don’t have much money in their hands also know that investment and financial management cannot buy land or land, but they can put the money in the shop. The shop will give a good interest on income and dividends at the end of the year. The shops get cheaper operating capital than borrowing, while those people also get a lot of interest, which is mutually beneficial and win-win.

"Sanlang, there is another question. What if we use the money deposited by the customer to lend money, if the customer wants to withdraw money and the money we lend is not recovered for a while?"

Zhang Chao had to admire Cui Yingying's business acumen and learn from it. He was not confused by the prospects he immediately portrayed by Zhang Chao, and he could immediately consider the shortcomings and shortcomings.

"These items you mentioned are indeed a problem. However, I have a solution. Don't stop and continue pressing, it's quite comfortable."

"First of all, the first question is that usually the money is kept for customers in gold shops, which is short-term temporary. This is right. Big and wealthy families will not deposit money in gold shops but lend money and make land on their own. This is also right. People with some money will take money to shops and collect dividends, which is quite common. Therefore, we want to attract customers to save money. Then the three types of people such as wealthy businessmen, big and wealthy families, and generally medium-sized assets are not our target customers."

Cui Yingying stopped her hand, but she didn't understand. Apart from these three types of people, who still has money to deposit in their money house?

"Of course, there is one type of people besides them, that is, ordinary people."

"Ordinary people, but they have no money?"

"Wrong, they have money, but they don't have big money. Now, after the chaos in the world, the Tang Dynasty unified the world and ended the chaos. Even ordinary people are living a good life. Among them, there are many self-cultivated farmers, soldiers, etc. They don't have big money, but they still have some small money. Maybe they only have 1,800 yuan, or 3,500 yuan, which is very small, and they can't buy land, and they even want to invest money in shops. People will think that it's too small."

Zhang Chao smiled, "But we can collect it. Although everyone has very little money in their hands, as long as we absorb enough, it can gather into an ocean. Imagine that if a person saves five hundred coins, one thousand coins will be five hundred coins, and ten thousand coins will be five thousand coins. Five hundred coins is very small, but five thousand coins will be a large sum of money."

"If we set the deposit interest rate to only 30% or even 20% of the interest on lending, think about it, this means we use their money to make money and profit. Once we go in and out, we will have two or three times the profit on the books. Do you think this business will not make money?"

"Borrow chickens and lay eggs!"

Cui Yingying suddenly understood, she was really making a fortune.

She was a little surprised, why is it so easy to make money in her husband's eyes?

"Don't be too happy too early. Not everyone can borrow chickens and lay eggs. First of all, you have to have enough credit so that everyone can deposit money to you. Secondly, you cannot use all your deposits to lend and collect interest. You can only take out a portion of your deposit to lend, because depositors may withdraw money at any time. If you lend all the money and when you can't give money to the person who withdraws money, your credit will be over and no one will come to you to deposit money in the future."

“How many do you want to keep?”

Zhang Chao smiled, "This is not a certain fixed number. To be specific, the more deposits you attract, the more money you can take up, and the deposit reserve can be lowered to a lower level."

"Why?"

It is hard for Zhang Chao to explain the details here to him, but this is a rule that can be found. The more depositors, the fewer people will deposit.

"If we open a new money house, I think we have to prepare at least 40% of the deposit reserve."

"Is 40% enough?" Cui Yingying was happy when she heard this. If the interest rate on depositing money was only 20% or 30% of the loan, then even if 40% of the deposit could not be used, the profit would still be very high.

"We can set up several fixed deposit periods, that is, when we deposit money, we can only withdraw when we expire. The longer the fixed period, the higher the interest is given. However, the current period is available at any time, the lower the interest. If we withdraw it before it expires, we cannot obtain the originally booked interest and reduce the interest. In this way, depositors can save the money longer."

"Of course, you have to consider the cost of operation and the bad debts of lending. If you want to reduce some risks, the money shop can lend money to the pawn shop. In this way, the money shop gets relatively stable and reliable interest from the pawn shop, and the pawn shop also has a source of funds and gets high interest on mortgage loans. The income is minus the interest rate borrowed from the money shop. Through the interest spread, you can still make a lot of profits."

After going around, Cui Yingying finally understood the reason why Zhang Chao said that opening a pawn shop should be opened first.

Raise money through money shops and lend it to pawn shops as the capital for lending. The pawn shop has the capital for lending, and the bank lends some of the absorbed deposits to the pawn shops, reducing the risk of lending directly.

"Why do you need to open two companies, only one company, and operate both deposit and loan and mortgage, isn't it great?"

"No, it is better to operate separately, which can reduce risks and increase the ability to bear risks. Moreover, doing it separately and doing only one can make it more professional."

When doing business, some people are very taboo to be greedy for big things and make all kinds of money. In fact, this is a wrong approach. The more projects you do, the more cross-bank and cross-border, the more resources and energy you consume.

Only by specializing in one thing can you achieve the ultimate and best.

Why have those gold and silver shops been doing this kind of business for a long time, but they can’t do it big? It’s because their main business is not to do this, but to do it together, and their resources and energy are limited in this area.

But Zhang Chao planned to become stronger and bigger if he wanted to do it.

At the beginning, pawn shops and money shops can cooperate with each other and support each other, but when both companies grow bigger, they may not have to be bound to develop. When money shops grow bigger and have credit, they can attract more deposits and choose better investment returns for projects.

After the pawnshop develops, you can start a chain, or even raise operating capital with lower interest through other methods to obtain more dividends and benefits.

If you can develop for 10 or 20 years without interference from the court, Zhang Chao feels that by then, the money house will be everywhere in the world and open hundreds of branches. At that time, you can completely issue your own bank tickets and even connect with the world. That is the real awesomeness.

Let’s talk about the October update issue, guaranteed two updates, rewards of 10,000 yuan, orders and monthly tickets will increase by 100 yuan, and each chapter will be added. If you can’t make up for the update that day, you will also make up for it later! Double monthly tickets for October National Day, until the 7th. Brothers, if you have monthly tickets, you can vote for Muzi to support it! To be continued.
Chapter completed!