People's life, from the beginning of economic independence, must carry out planned financial management. According to the different living conditions in different stages of life, how to effectively avoid the risks of financial activities and do a good job in financial planning in different stages of life? Under normal circumstances, the process of life financial management goes through the following six periods: single period: from work to marriage: 2-5 years of financial management focus: during this period, the family has little burden and is full of energy. Because they want to accumulate funds for their future families, the focus of financial management is to try their best to find a high-tech job and lay a good foundation; You can also use part of your savings for high-risk investments in order to learn from the experience of investment and financial management. In addition, because of the lighter burden at this time, young people's premiums are relatively low, so they can buy some life insurance for themselves to reduce the income reduction or burden increase caused by accidents. Investment suggestion: 60% of savings can be invested in financial products with high risks and long-term returns such as stocks and funds; 20% choose regular savings; 10% purchase insurance; 10% as current savings deposit in case of emergency. Priority of financial management: plan to save money → investment appreciation plan → emergency fund → house purchase. Family formation period: from marriage to the birth of children: 1-5 years financial management focus: this period is the peak of family consumption. Although the economy has heard more and life has become more and more stable, the basic daily necessities at home are still relatively simple. In order to improve the quality of life, it is often necessary to pay a lot of family construction costs, such as buying some high-end daily necessities and paying a house loan every month. At this stage, the focus of financial management should be to arrange the expenditure of family construction reasonably. After a little accumulation, you can choose some financial management tools that compare funds, such as partial stock funds and stocks, in order to obtain higher returns. Investment suggestion: 50% of accumulated funds can be invested in stocks or growth funds; 35% invested in bonds and insurance; 15% is reserved for current savings. Priority of financial management: buying a house → buying hardware → saving plan → emergency fund. Family growth period: children are born to go to college: 9- 12 financial management focus: the biggest expenditure of families is children's education expenses and health care expenses. However, with the enhancement of children's self-care ability, parents can start their own businesses in investment, such as venture capital, according to their own experience. Buying insurance should be based on education funds and parents' own protection. Investment suggestion: 30% capital can be invested in real estate to obtain long-term stable returns; 40% invest in stocks, foreign exchange or futures; 20% invest in bank time deposits or bonds and insurance; 10% is the current savings in case of family emergency. Priority of financial management: children's education planning → asset appreciation management → emergency fund → special target planning. Children's college education period: after children go to college: 4-7 years of financial management focus: at this stage, children's education expenses and living expenses have soared. For families who have successfully managed their finances and accumulated certain wealth, they are fully capable of paying and will not find it difficult. Therefore, we can continue to develop our own financial management experience, develop our own investment and create more wealth. Those flying families who are not well-off in financial management usually have a heavy burden, so the education and living expenses of their children should be the focus of financial management to ensure that their children can successfully complete their studies. Under normal circumstances, at this stage, there are no successful families in financial management, which shows that they lack the ability to get rich. They should pin their hopes on their children, and don't mess with financial management because they need money badly. Investment suggestion: invest 40% of savings in stocks or growth funds, but pay attention to strictly controlling risks; 40% is used for bank deposits or national debt to meet children's education expenses; 10% for insurance; 10 is used for home standby. Priority of financial management: children's education plan → debt plan → asset appreciation plan → emergency fund. Family maturity: from children's work to parents' retirement: about 15 years. Focus on financial management: During this period, because my work ability, work experience and economic situation have reached the best state, my children have become independent, and the family burden has been gradually reduced. Therefore, it is most suitable for accumulating wealth, and the focus of financial management should be on expanding investment. However, since we have entered the later stage of life, if venture capital fails, it will ruin the accumulated wealth in life. Therefore, to save a pension, the money is firm. Insurance is one of the relatively stable and safe investment tools. Although the return is low, it is a better choice as compulsory savings, which is conducive to the accumulation of pensions and the preservation of assets. Investment suggestion: invest 50% of investable capital in stocks or similar funds; 40% is used for time deposits, bonds and insurance; 10% is used for current and future savings. However, as the retirement age approaches, the proportion of venture capital should gradually decrease. In terms of insurance demand, pension, health and critical illness insurance should be given priority to gradually. Priority of financial management: asset appreciation management → pension planning → special target planning → emergency fund. After retirement: focus on financial management: spend your old age safely. Investment and expenditure are usually conservative, and physical and mental health is the most important. In this period, it is best not to make new investments, especially venture capital. Investment suggestion: 10% of investment funds can be used for stocks or stock funds; 50% for regular savings or liabilities; Current savings 40%. For families with relatively rich assets, legal tax-saving measures can be taken to effectively hand over the property to the next generation. Priority of financial management: pension planning → inheritance planning → special target planning → emergency fund. Of course, financial management is risky, and it is necessary for us to calculate our ability to take risks before investing. Because everyone has a certain limit when taking risks, beyond this limit, risks will become a burden or pressure, which may cause harm to our mind, health, work and even family life.