Abstract

The new term “ant tribe”, is referring to a social group of low-income college graduates that are in search of work and livelihood in the big cities (Lian Si, 2009). It is estimated this social group has already surpassed more than 3 million people, with a rapidly increasing rate of 0.2-0.3 million people a year. The investigation carried out on the issues of “ant tribe”, involved 327 people including 192 in the “ant tribe” group. The survey put forwards that this social group has three typical characteristics and four basic social features. The psychological state has been analyzed from three aspects and the author from the financial professional viewpoint proposes some advices for their personal finance.

Highlights

  • The new term “ant tribe”, is referring to a social group of low-income college graduates that are in search of work and livelihood in the big cities (Lian Si, 2009)

  • It is estimated this social group has already surpassed more than 3 million people, with a rapidly increasing rate of 0.2-0.3 million people a year

  • The psychological state has been analyzed from three aspects and the author from the financial professional viewpoint proposes some advices for their personal finance

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Summary

Where Are the “Ant Tribe Villages”?

The phenomenon of “ant tribe” in China appeared in Beijing, Shanghai, Guangzhou and other big cities first and began to emerge gradually in the capital cities of provinces. The “Ant tribe” group lives mainly in urban-rural on the fringes of big cities or urban villages, where the streets are narrow, there is limited living space, and it's generally noisy and the lanes are filled with garbage. Like Tang Jialing, an “ant tribe” large-scale ghetto in the north outer of Beijing Wuhuan Road. In Zhengzhou city, there are many “ant tribe villages” with a populace of over 10,000 such as Zhao Village, Chen Village, Wuli Bao, Liulin Town, etc. The small scale “ant tribe colonies' ” accommodate about 2000-3000 and a large number of localities scattered in the city

Two Common Types of “Ant Tribe” Members in Zhengzhou
The “Ant Tribe” Psychological Status
What is Financial Management?
Why Finance?
How to Do Accounting?
Learn about Several Financial Tools
Findings
Doing Part Time Jobs and Setting up an Online Shop to Broaden Income Sources
Full Text
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