Cash pool: daily expenses+emergency reserve for 3-6 months.

Living expenses for 3-6 months (including debts to be repaid)

Insurance pool: 5%-8% of annual income.

Accident insurance/critical illness insurance/life insurance/medical insurance to protect family property from major risks.

Target pool: starting from the end

Make financial preparations for achieving the domestic demand target in the next five years; Depending on the specific goals, buying a house, buying a car, studying, traveling, etc.

Golden goose pond: used for long-term investment and appreciation.

Money that has not been used/targeted for five years, and the balance allocated by the first three pools can be used for long-term investment appreciation.

Second, force yourself to save.

Stick to bookkeeping, find out your bad consumption habits and make a reasonable budget in the future.

Save money before spending.

Make a budget at the beginning of the month and save the money except the living expenses.

Prepare at least 3 bank cards.

1. One card is used for daily consumption.

2. One card is used to store emergency funds.

3. A card is used to deposit time deposits.

Third, accumulate the first bucket of gold.

Significance: As a stepping stone to financial freedom.

Many people know Warren Buffett, who spent nearly 40 years from $25 million to $62 billion. His first bucket of gold was $9,800 accumulated by selling newspapers, golf and other businesses before going to college.

How to accumulate

How to earn the first pot of gold, Qian Qian Dog provides a good way to try to solve problems for others.

For example, many school takeaways are only sent to the school gate C or the dormitory downstairs, and some students are still too lazy to pick them up. At this time, you can earn commission by helping them get takeout.

Fourth, learn investment knowledge.

Significance: realize asset appreciation

Anyone with a little financial knowledge knows that because inflation will devalue your money, the money in the bank will become less and less valuable.

Therefore, really smart rich people usually reserve spare money to buy funds, stocks and convertible bonds that have not been used for more than three years.

Therefore, we should learn to make some reasonable investments and allocate our money reasonably to achieve the goal of "Qian Shengqian".

Read introductory books on financial management.

Thinking: Qian Qian the dog, poor dad and rich dad.

Tools: Interpreting the Magic Book of Fund and Convertible Bond Investment

Idea: Walking on Wall Street is the future of investors.

Value investment: investment is the most important.

Make a documentary about money

Invisible billionaires, super customers, money and me, why are they poor? They have become the chief culprit of Warren Buffett, e-commerce storm, and uncontrolled consumption, and the legend of American business tycoons.

Fifth, practical experience.

Start with low-risk financial management and gradually cultivate your own financial habits.

Various investment products

R 1 cautious type

Treasury bonds, deposits, certificates of deposit, structured deposits, smart deposits, annuity insurance, money funds.

R2 robust type

Most bank wealth management, bond funds, old-age security management products and brokerage wealth management

R3 balanced type

A small number of bank financing, hybrid funds and trusts

R4 Enterprise

P2P online lending, stocks, equity funds, index funds, gold

R5 radical type

Futures, options and their derivatives