One of the financial management methods, time deposit.

The risks are minimal and the benefits are minimal. Deposit is so simple that people ignore its importance. If you deposit 500 yuan in the bank every month, it will be a lot of money in five years. Although the annual interest rate is only over three, the risk is zero. Of course, simple deposits also have some tricks. For example, the 12-period deposit certificate financing method can maximize interest.

The second way of financial management, financial products and trust.

The risk is small and the income is higher than the fixed deposit. At present, wealth management products are a way of short-term financing for banks. As long as you open a wealth management account in the bank, you can buy products with an annual interest rate of about four to six points. It is a good choice for people who have spare money and don't want to use their brains to manage their finances. However, the starting point of this wealth management product is 50,000 yuan, and the threshold is still a bit high. Wealth management products are six months to one year, which are generally judged according to the situation of raising interest rates. If the country raises interest rates, it will buy short, and if it lowers interest rates, it will buy long. The starting point of trust is high, generally more than one million. With a special trustee in charge of management, the income is still good.

The third way to manage money, fund.

There are many kinds of funds, such as money funds and stock funds. Generally speaking, the money fund has low risk, basically no loss, high liquidity and can be redeemed at any time. Generally popular with ordinary people, but the income is not high. The annual interest rate is between three and five cents. Equity funds have higher returns, but they also have risks, but if they are held for a long time, the risks are generally zero.

The fourth way to manage money, national debt

National debt is a medium-and long-term investment method, guaranteed by the state and absolutely safe. The income is also good, but it is not recommended to buy one-year government bonds and three-year government bonds, similar to deposit banks. Generally speaking, it is more cost-effective to buy five-year government bonds. However, it should be noted that if the country raises interest rates, you will lose money, so you should also make a judgment. However, five-year treasury bonds are not easy to buy, and they are basically sold out as soon as they are listed.

The fifth way to manage money, insurance.

This is a long-term and effective financial management method, which focuses on preventing risks and does not emphasize income. Actually, this thing is really good. There are many types of insurance, such as endowment insurance and medical insurance. Even dividend insurance. However, if you want to take out insurance, you'd better study hard, because salespeople now often talk nonsense, which is too deceptive.

The sixth way to manage money, stocks.

The risks and benefits of stock trading coexist, and the benefits are high. Some people can earn twice as much a year, but there are also many risks, and some people may lose everything. Although the entry threshold is very low, the technical requirements are quite high. Therefore, if you choose this financial management method, you must learn to analyze relevant knowledge and don't buy blindly.

Note: each financial management method has its own characteristics, which need to be studied hard, and financial management is a long process, and you can't have the idea of getting rich overnight.