If I missed the city life, the interest leftover each year was more than enough to comfortably spend a month in any city nationwide.
And the remaining million would serve as working capital, which could be used for personal hobbies like stock trading, or for those restless individuals to invest in starting a business. After all, with three million in backup funds, even losing it all wouldn't have too great an impact on future living conditions.
The 1-2-3 saving method meant, if you had a large sum of idle funds that you didn't need anytime soon and were looking for stable rather than high returns, you could divide it into three parts and deposit it for one-year, two-year, or three-year fixed terms, respectively.
Once the one-year fixed deposit matured, you would immediately roll it over into another three-year term. By doing so, you ensured that all deposits earned the highest three-year fixed interest, and you also had a fixed deposit maturing every year.