1. Control consumption and spend money reasonably. If you want to manage money, you need to save money first. Every family has its own necessary expenses. Apart from these expenses, we try not to buy unnecessary things. We should keep accounts every day and summarize our consumption, so that we can clearly know the whereabouts of each sum of money.

2. Set wealth goals. Set an end point for yourself, and you will be motivated, such as saving 50,000,654,38+10,000 after one year. Don't be too demanding, but you need to be able to do it yourself.

Enhance personal competitiveness and broaden channels for making money. As a young man, while making continuous progress in his job, he also needs to learn new skills and broaden the channels for making money.

4. Learn to manage money and learn more professional skills. People should not only learn to spend money, learn to make money, but also learn to manage money. Only by making money can the income of wealth be maximized.

Extended data:

Bank financial management skills

Putting money in the bank is undoubtedly the safest and most common way, so what are the skills of bank financing?

Suppose a person's monthly income is 10000 yuan, 2000 yuan is used for daily consumption, and the remaining 8000 yuan is invested in bank financing.

Then this person can divide the money into several parts. The first part is used for current deposits. Although the annualized rate of return is low, about 0.05%, it can be used for future emergency.

The second part of the money can be used for the bank's regular financial management, with an annualized rate of return of about 4%, fixed term 10000 yuan, and annual interest of 400 yuan.

The third part of the money can be used to buy bank trust products, with an annualized rate of return of around 7%.

Finally, the remaining money can be used to buy some wealth management products with higher yield from banks.

It is worth noting that wealth management products with high yield are also extremely risky, so they are all non-guaranteed floating income. If the risk tolerance is weak, it is recommended to buy financial products below the middle and low risk level of the bank.

Fund management:

A fund refers to a certain amount of funds set up for a certain purpose. Usually, the funds we talk about mainly refer to securities investment funds. Fund financing is also fund investment, which is an indirect way of securities investment.

Fund management companies concentrate investors' funds by issuing fund shares, which are managed by fund custodians (that is, qualified banks) and managed and used by fund managers, and invest in financial instruments such as stocks and bonds, and then * * * bear investment risks and share expected returns.

In layman's terms, what is fund financing? It is nothing more than an investment method in which investors subscribe for a certain share of funds and the fund management company is responsible for investing in securities such as stocks and bonds to achieve the purpose of maintaining and increasing value.

Fund financing risk:

In fact, any financial management is risky, but its risk changes with the nature and characteristics of the invested products and the fluctuation of market conditions. Generally speaking, the risks of fund financing can be divided into two categories: systematic risks and unsystematic risks.

Systematic risks mainly include market risk, credit risk, liquidity risk, inflation risk and policy risk. These risks are uncontrollable, but the probability of encountering them is generally not high. Non-systematic risk often refers to the risk caused by management and operation technology.

Generally speaking, the risk of fund financing is slightly higher than that of bank financing, but compared with other investment products such as stocks and futures, the risk is still relatively small.