Core Insights - The article discusses the challenges faced by young individuals, like Jin Ming, who aimed to live off interest from savings but are now struggling due to declining bank interest rates [1][4][6] - Many are shifting their focus from traditional savings to investment strategies, such as the "New Three Golds" approach, to enhance their financial returns [11][12][26] Summary by Sections Declining Interest Rates - Bank deposit interest rates have been on a downward trend, with short-term rates falling below 1% and medium to long-term rates entering the "1 era," making it difficult for individuals to cover daily expenses through interest alone [1][5] - As of July 2023, even the highest interest rates offered by banks resulted in monthly earnings of less than 200 yuan, leading to feelings of confusion and uncertainty among savers [4][6] Shift to Investment Strategies - In response to low interest rates, individuals are increasingly turning to investment options like mutual funds, gold, and index funds to regain control over their financial situations [1][11] - The "New Three Golds" investment strategy has gained popularity, combining cash management tools like Yu'ebao, gold funds for risk hedging, and equity funds for higher returns [13][14][26] Personal Experiences and Adjustments - Jin Ming, after initially focusing on high-interest savings, has diversified her investments into gold and equity funds, reflecting a broader trend among young savers adapting to the new financial landscape [1][20] - Many individuals have shared their experiences in online communities, discussing the shift from traditional savings to investment strategies, with some even increasing their savings goals due to lower interest rates [9][11] Community and Support - Online platforms like Xiaohongshu and Douban have seen increased engagement around the topic of living off interest, with discussions evolving from sharing savings experiences to exploring investment strategies [8][9] - The "New Three Golds" strategy is seen as a way to balance risk and return, appealing to those who previously relied on interest income for financial stability [12][26]