Under the impact of the economic crisis, more people have turned from high-risk, high-yield stock investments to stable insurance and financial management. For this reason, many insurance companies have also launched various insurance and financial management products to attract investment investors. In recent years, the emerging China Merchants Bank credit card financial insurance has gradually become popular among people. Which insurance company is the best? I just compiled the relevant content. I hope it will be helpful to you: the latest list! Ranking of the top ten insurance companies in the country

Is China Merchants Bank’s credit card financial insurance reliable?

With the vigorous development of the credit card market, Chinese people’s consumption habits have also undergone great changes. The popular use of credit cards has More and more people are using credit cards for financial management. The credit card financial insurance launched by China Merchants Bank is a way of financial management. However, many people question whether such financial management insurance is reliable. In fact, China Merchants Bank’s credit card financial insurance is reliable, but it is only for financial management. One way, China Merchants Bank's credit card wealth management insurance service is to use China Merchants Bank's credit card as the payment method to purchase insurance and other wealth management products.

Credit card financial management requires not only knowledge, but also proficiency! Use credit card financial management skills wisely, and credit cards will quickly become your financial management tool. Of course, we cannot blindly choose to buy credit card financial insurance. Mastering credit card financial management skills will make it easier for you to buy suitable credit card financial insurance:

Credit card financial management skills 1. Buy funds skillfully

Get it After receiving your salary, don’t rush to repay or deposit in the bank. Instead, buy money market funds, and then spend all your money with your credit card during the interest-free period. I waited until two days before the end of the credit card's interest-free period before redeeming the money market fund to repay the loan. Moreover, some banks are now cooperating with fund companies, and money market funds can be set to automatically redeem funds and transfer them to credit card repayment accounts on fixed dates, making such "arbitrage" behavior more convenient.

Credit Card Financial Management Tip 2: Spend More and Score More Points

Some professionals have a lot of business activities and only carry a small amount of cash with them when going out for emergencies or for use in places where credit cards cannot be swiped. For shopping and dining, just swipe your card if you can. Especially when traveling on a business trip, all major expenses such as air tickets and accommodation expenses are settled with a credit card. It is simple and quick to accumulate tens of thousands of points at the same time. When you come back to reimburse, you will have an extra amount of cash on hand.

Credit card financial management skills 3. Financial accounting

For many people who do not have accounting habits, cash consumption means unclear accounts. After using a credit card, the monthly credit card statement will list the date, store and amount of consumption one by one, making it clear at a glance. Then check it with the documents you keep in your daily consumption, organize and analyze it, and accumulate it for a period of time. Have a basic understanding of consumption patterns, so as to achieve rational consumption and reduce waste.

If you hold credit cards issued by multiple banks, it is recommended to use different credit cards for expenditure management functions of different types of expenses. For example, for personal consumption or official expenses, use different credit cards to make it clearer. Clearly.

Credit card financial management skills 4. Working capital

In addition, the flexible use of credit card revolving credit can also help you solve the urgent need for funds in the early stages of starting a business. For example, small business owners constantly advance their own capital to manufacturers as deposits, and they often need a little cash urgently for entertainment purposes during daily business expansion. If you don’t have enough conditions for a loan, it’s hard to repay it on time even if you ask a friend to borrow it. If you apply for credit cards from several banks and use different settlement dates to extend the payment period, you can solve the problem of temporary capital turnover.

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