In the case of limited monthly wage income, people with financial management concepts tend to lead the growth rate of family income.
1, change ideas and cultivate financial quotient
When it comes to financial management, some people think that they have too little money or even moonlight, and there is no extra money to manage their finances.
"Less money" is not an excuse to give up financial management. Financial management can be divided into two categories, one is to save money, and the other is to make money, regardless of the amount of money.
Give a classic example:
Take small white-collar workers in big cities as an example. He just graduated with a monthly salary of 6000 yuan. He has no savings. He rents 2000 yuan, eats 2000 yuan, shops 1 000 yuan, and other expenses 1 000 yuan. By the end of the month, there is basically no money left. So how should he manage his money? In fact, in addition to the rent paid by 2000 yuan, the remaining 4000 yuan is not spent in one day, but gradually consumed in 30 days. So small, you can actually use this money to buy money funds or other wealth management products, and then use credit cards to pay for this month's expenses. Pay salary next month, except the rent of 2000 yuan, the remaining 4000 yuan is used to pay off the credit card bill of last month, and continue to pay the expenses of next month with the credit card, so that Xiao Zhang has the first 4000 yuan for financial management. Can you still say that there is no money to manage?
Changing one's traditional views and cultivating one's understanding and control of money are the first steps in financial management.
2. Record the expenses without overdraft.
For people who have just entered the society, the most important thing is to learn to keep accounts and recognize their financial situation:
1) Clear benefits:
Know what income channels you have, stable income or variable income;
2) Arrange expenses:
Record your monthly financial expenditure, which is divided into transportation, catering, entertainment, study, family and other categories. This can not only reduce unnecessary expenses, but also make rational expectations for future development;
3) Future planning:
Financial management cannot be divorced from life. Buying a house, buying a car, getting married and going abroad are all important life nodes, which require a lot of money, so make plans in advance to lay a good foundation for future small goals and avoid being in a hurry.
4) classified management:
Classify debit cards and stabilize the daily income account as a central account, thus establishing accounts for investment behavior and expenditure behavior;
Control the number of credit cards and don't be a slave. It is best not to have more than three credit cards. More than three credit cards may burden your daily repayment and credit management. At the same time, remember not to be superstitious about the so-called "credit card financing".
3. Choose a financial management method that suits you:
When choosing financial products, the first thing to do is to evaluate your risk tolerance. High risk corresponds to high return, and learn to invest rationally.
At present, the ratings of mainstream wealth management products on the market are as follows:
Low risk: medium risks such as bank savings, bank wealth management, national debt, insurance and money fund; High risks such as bond funds, fixed investment funds, equity funds, trusts and P2P financial management; Stock, foreign exchange, futures and stock investment.
Most wage earners have no financial burden, no mortgage and debt, and no children and old people to support. Therefore, when making asset allocation planning, we can consider putting more assets on products with relatively high returns after leaving enough reserve funds for 3-6 months.
At present, most wage earners are stable investors, and fixed-income wealth management products are the best choice for stable investors. So what are the fixed income products and what are their characteristics?
1) Bank savings:
Bank savings are the most common and socially familiar fixed-income products, mainly including demand deposits, time deposits, large deposit certificates and interbank deposit certificates. With the characteristics of safety and high liquidity, there is no threshold limit except for special varieties, but the yield is relatively low, so it is necessary to control the allocation ratio of such products.
2) Monetary funds:
The working class can invest working capital or short-term idle funds in the money fund to obtain short-term gains to make up for losses in interest and other aspects; However, after a short period of high growth, the income of Internet products headed by Yu 'ebao gradually declined, making it difficult to find the initial high income.
3) Bank financing:
There are many kinds of bank wealth management products, including guaranteed income, guaranteed floating income and non-guaranteed floating income. The first two categories can be classified as guaranteed income, and the third category can be classified as non-guaranteed income. At present, the average income of bank wealth management products is about 5%, of which the income of guaranteed wealth management products is mostly below 4.5%, and the income of non-guaranteed wealth management products is mostly above 5.2%.
4) Savings bonds:
Savings bonds are guaranteed by stable and relatively high income and national credit, and have always had a group of loyal pursuers. Judging from the savings bonds issued in the last two issues of 20 17 and1June, the annualized income for three years is 3.9%, and the annualized income for five years is 4.3%, and the income level is in the middle and lower level. However, compared with state-owned banks, bank time deposits for the same period are also attractive. However, compared with bank wealth management products in the same period, the income is not dominant.
5) P2P financial management:
P2P is a kind of Internet finance that combines the Internet with traditional credit business. Generally speaking, P2P products have low investment threshold and are suitable for all income groups. At the same time, combined with the Internet platform, the operation is convenient; The rate of return is relatively high. Take the rabbit financial service platform as an example: the annualized rate of return is between 6%- 12%, and the asset side is connected with the bank, which is safe and secure, and has many advantages over traditional financial management.
In addition, you must remember to invest in yourself, which will be a great intangible asset.