I just saw an article on the homepage that said: "Although the epidemic is over now, we still need to save money and spend it."

It is indeed this epidemic that has made many people Realize the importance of having no savings.

The financial crisis that has been advocated since 2018 was unexpectedly caused by a virus and was an unprecedented global financial and human life crisis.

From the Chinese New Year to now, I don’t know how many large and small companies or enterprises have collapsed. Some friends who usually feel that going to work is hard and don’t want to go to work really have no work to do.

There is such a friend in my life. She worked as HR in a movie theater operating company a few years ago. The company is quite large and operates more than 10 movie theaters in Shenzhen. Because of the epidemic, the company could no longer survive, and my friend who had a good working ability had to change jobs in the end.

Before this, she was a member of the exquisite poor. She leads a very glamorous life. People who don't know her will feel that her life is wonderful and her income is certainly not low after looking at her circle of friends.

This is not the case. After the epidemic, her salary was not high, so she refused to share the house and endured a monthly rent of 8,000. After a few months, she ran out of inventory and could no longer afford to wait for the company. Unable to return to work, I have no choice but to find another job. However, in such a poor economic environment, finding a good job is not an easy task.

Saving money is really important. At least when an accident happens, we have the confidence to hold on.

Saving money can help us solve many problems, but just saving money without financial management cannot maintain our long-term quality of life.

So what does saving money really mean to us?

First, saving money can help us not panic when encountering a crisis.

If we have savings, at least in two or three months of crisis, we can feel calm. It will be very calm. Although we will feel psychological pressure after not returning to work for a long time, compared with other people who have no savings, we are more stable in our hearts and at least can control our own direction better. Even if the company cannot continue to operate, I will have more time to find another ideal job, instead of just finding a job to cope with life.

Second, only by saving money can we have the starting capital for our first financial management

Recently, there was an Internet celebrity who became famous for collecting rent on Douyin, "Girl in 1993" "Have 400 buildings", this topic aroused heated discussion among netizens on the May 4th Youth Day yesterday.

But what I want to say is, has anyone ever thought about where her first starting capital came from? From her parents? Earn it yourself? Even if it is given by parents, we cannot discriminate! Parents are also their own resources. Even if they are given by their parents, they still know how to take care of them, so there are 400 buildings today (although the other party clarified that it is not 400 buildings, but only a few of them)

In real life, Not many parents have strong backgrounds. So where does the starting capital for our first investment come from? We still have to rely on saving money. Savings can give us the first introduction to financial management.

Third, let the money work for us

Once you have the first starting capital, you can take care of it according to your own risk preferences and risk tolerance. amount of funds.

If you are afraid of losing your principal, you can choose bank fixed deposits, currency funds, bonds, etc., which are conservative and stable financial management methods; if you are willing to bear the risk of losing your principal, you can choose stocks, futures, and other investments Wait, this kind of risky financial management. To put it simply, it means using the power of money to make money for us.

Fourth, insurance is the foundation for wealth freedom

When we have a certain financial ability, the money we earn may not be ours in the end. In real life, there are many examples of people who spend all their hard-earned money in the last month. On the other hand, some people, even very young people, have wiped out all the savings of their family and relatives due to a serious illness. If they cannot be cured, their family members will bear a lot of debts for them. If they are cured, they will have to bear a lot of debts themselves. .

No one can predict accidents and illnesses. How to protect our wealth from being lost due to illness or other accidents? We can stabilize our wealth by buying insurance. When we get sick or have an accident, the insurance company will pay it instead of spending our hard-earned money. Or because of an accident or illness, all your savings will be wiped out and you will start from scratch.

Therefore, risk protection is the cornerstone of financial freedom.

Fifth, achieve financial freedom

With the cornerstone of insurance as a guarantee, and investment to help me make money, one day, even if I don’t work, I will assemble it myself. The "machine" that replicates money will still be running, and when the income generated is enough to meet the expenses we need in life, we can free our hands to work and make money, and truly embark on the road to financial freedom.

Therefore, in financial management, saving money is the foundation, insurance is the cornerstone, and financial management is the key. Finally, I wish everyone who reads this article can achieve financial freedom.