1, reasonably control the money, the money that should be spent, and the money that should not be spent.
2. Try to make money generate more money and get more income through investment.
Second, ignoring money is very different.
For example, the interest rate of monthly salary savings in the bank is 2.375 times that of "current". So "you don't manage money, money ignores you"
Third, financial planning:
Financial management and investment
Investment is only part of financial management. Financial management includes the overall planning of life and wealth.
Financial planning includes:
1, children's education plan: to receive a good education and improve personal quality.
2. Basic guarantees in all situations.
3. Reasonable tax avoidance.
4. Pension planning: You can maintain your original living standard after retirement.
5. Heritage planning: Heritage can be handed over smoothly.
6. Investment planning: preserving and increasing the value of assets.
① Financial investment planning: including bonds, funds, stocks, gold, trusts, futures, warrants, foreign exchange, RMB financial products, foreign exchange financial products, etc.
② Real estate investment planning: investment, leasing, speculation and tax avoidance of houses and shops.
3 hobby investment planning: antiques, calligraphy and painting, stamps, coins, coupons, newspapers and other collectibles.
Fourth, the premise of financial management: find out your financial situation → count assets and liabilities → define regular income and expenditure → determine future medium and long-term plans → determine the goals to be achieved.
Five, the basic principles of financial management:
1, live within your means.
2. Risks and benefits are matched.
Do your homework and don't invest indiscriminately.
4. Control desire, not greed.
Six, the basic laws of financial management:
The rules of 1 and 432 1 are: housing and investment 40%, family living expenses 30%, bank deposits 20% for emergencies, and insurance 10%.
2.72 Law: If you don't get the deposit back with interest, the time required to double the principal is equal to 72 divided by the annual rate of return.
3.80 Law: The reasonable ratio of financial assets to total assets is equal to 80 minus your age times 100%.
4. Double Ten Laws of Family Insurance: The appropriate amount of family insurance should be ten times of family income, and the premium expenditure should be 10% of family annual income.
5. trinity law of housing loan: how much housing loan is appropriate? The monthly mortgage amount should not exceed one-third of the family's total income in that month.
Seven, financial taboos and misunderstandings:
1, financial management is the business of the rich: wage earners need more financial management, which is stressful and needs financial management to increase their wealth. Every bit of sand can be piled into a tower.
2. With insurance, there is no need for financial management: security and asset appreciation are two different concepts.
3. The investment operation is short and fast
4, follow the trend, impulse purchase: rational analysis, independent thinking, shop around.
5. Excessive concentration or dispersion of investment.
6. Dare to lose money, sell as soon as it rises, and don't buy as soon as it falls: learn to set up stop-loss points and profit points.
Eight, indicators of successful financial management:
1. Are all wealth used rationally?
2. Has the quality of life improved?
3. Is there enough security for life after retirement?
4. Is there any real preservation and appreciation of assets?
Nine, the classification of wealth management products:
1. Classification of financial products: savings, stocks, bonds, funds, insurance, futures, gold, trust, foreign exchange and related financial derivatives.
2. Non-financial category: ① Real estate category: real estate, industrial investment, auction, pawn and equity investment.
② Collection: antiques, calligraphy and painting, stamps, coins, coupons, newspapers and periodicals, etc.
3. Classification by liquidity: from strong to weak: cash, demand savings, money market funds, time savings, bonds, RMB collective wealth management products, foreign exchange, stocks, gold, futures, insurance, collection, industrial investment, real estate and so on.
4. Classification by income: from bottom to top: savings, treasury bonds, bank wealth management products, corporate bonds, funds, collective wealth management products, bank foreign exchange wealth management, gold, stocks, futures, equity investment, foreign exchange and financial derivatives trading.
X. Three principles of investment and financial portfolio: safety, yield and liquidity. (Ranking is composed of personal assets, financial status, financial management objectives and other factors. At different stages of life, importance has different rankings.)
XI. At present, the popular products are: treasury bonds, money market funds, securities companies' wealth management products, equity investment and bank wealth management products.
The characteristics are: 1, all of which are represented by financial institutions, saving worry and effort. 2. Good liquidity and convenient transaction. 3. The rate of return is higher than that of bank deposits.
It should be noted that: 1, the comparison of different investment directions is an understanding of the product itself. 2. Compare income levels and prepare for uncertain floating income; 3. Comparison of liquidity; 4. Risk comparison.
Don't blindly follow, plan according to your own characteristics, or ask professional financial personnel for help.
Twelve. Portfolio selection:
1. Aggressive portfolio: 80- 100% for growth assets and 0-20% for fixed interest rate assets; Great value-added potential, high risk and great fluctuation;
2. More aggressive portfolio: 70-80% growth assets and 20-30% fixed interest assets; Great value-added potential, great risk and great fluctuation;
3. Steady investment portfolio: 50-70% growth assets and 30-50% fixed interest assets; There is a certain value-added potential and a certain risk;
4. Conservative investment portfolio: 30-50% growth assets and 50-70% fixed-interest assets; Small value-added potential and low risk;
5. Conservative investment portfolio: 0-30% for growth assets and 70-100% for fixed interest assets; The value-added potential is very small, and the risk is very small;
Different life stages should choose different combinations:
1, single period: generally 2-6 years, from work to marriage; Low income and high expenses, the focus of investment is not profit, but accumulated experience. After reserving 10% emergency reserve, you can actively participate in more radical combination or radical combination.
Financial management order: throttling plan → asset appreciation plan → emergency reserve → house purchase.
2. Family formation period: generally 1-5 years, from marriage to the birth of a child, income increases and life is stable; The focus of financial management is to arrange the expenditure of family construction reasonably. First, arrange term insurance, accident insurance and health insurance with low payment, then reserve 15% emergency reserve, and the rest participate in the above conservative combination.
Financial management order: purchase housing → purchase hardware → throttling plan → emergency reserve.
3. Children's education period: 20 years, children's education expenses and living expenses have increased rapidly, and financial management should focus on these two parts. Suggest 10% emergency reserve, 10% insurance, and 40% funds or bond stocks that can be quickly realized. 40% participate in aggressive portfolio.
Financial management order: children's education plan → debt plan → asset appreciation plan → emergency reserve.
4. Family maturity: 15 years or so. During the period from children's work to parents' retirement, their working ability, experience and economic situation all reached their peak. At this time, it is most suitable for accumulating wealth, and expanding investment is the focus of financial management. It is suggested that 10% emergency reserve, 10%-20% should be used for insurance for the aged, health and major diseases, and 70-80% should be carefully combined.
Financial management order: asset appreciation plan → pension plan → special target plan → emergency reserve.
5. Pension period: after retirement, investment and consumption are relatively conservative, and financial management is also physical and mental first, and wealth is second; Mainly for stability, safety and value preservation. Suggest 10% emergency reserve, 20%-30% demand deposit or call deposit, and 60-70% participate in conservative portfolio. Older people with more assets can effectively hand over their property to the next generation through legal tax avoidance.