Some netizens commented that their consumption expenditure has reached the per capita level, but their income has not, resulting in an imbalance between income and expenditure. Everyone is in debt. What should we do next to stop the moonlight? The following are common financial management methods. This paper sorts out the advantages and disadvantages to see if there is anything suitable for you.
1. savings
Savings is a traditional financial management tool, and it is still one of the indispensable financial management methods.
Advantages: low risk, safe property and guaranteed principal income.
Disadvantages: the income is too low, especially in today's increasing inflation, and the savings income can't even keep up with the rate of currency depreciation. So more people choose other forms of financial management tools.
2. Bank wealth management products
Financial products designed and issued by banks can be divided into capital preservation type and non-capital preservation type. Compared with deposits, the income is more flexible and may be higher. Of course, individuals also have to bear certain risks.
Advantages: Compared with most wealth management tools, the risks of bank wealth management products are controllable and the income is relatively stable.
Disadvantages: The investment threshold is high, generally 50,000.
3. Foreign exchange
Foreign exchange financing channels include foreign exchange wealth management products and foreign exchange options.
Disadvantages: high professional requirements, difficulty for ordinary investors to participate, and many foreign exchange trading scams.
4. stocks
Stock is a risky financial management tool. Of course, high risk also means that it is possible to win more benefits.
Advantages: low stock threshold and flexible investment, but investors need to have certain economic knowledge.
Disadvantages: Due to unpredictable risks, stocks are more suitable for people with better economic conditions and certain risk tolerance.
5. Funds
The foundation concentrates the scattered personal funds and gives them to professional teams for investment, so as to strive for greater benefits.
Advantages: For individuals who lack professional knowledge, the fund will undoubtedly save them a lot of time and energy.
Disadvantages: There are many types of funds and different risks. Generally speaking, the higher the income, the greater the risk.
Step 6 trust
Trust is when people entrust others to manage property on their behalf. Trust products are also very popular financial management tools, which are favored because of their high returns. At present, the risks of domestic trust are often ignored because of the hidden rules of "rigid redemption".
Advantages: "rigid redemption", high income.
Disadvantages: the threshold for starting investment in trust products is relatively high, and some investors can only flinch.
7. golden
Since ancient times, gold has always been a "hard currency" and is regarded as a symbol of wealth and a sharp weapon for asset preservation. At present, gold investment includes not only physical objects, but also more abundant forms such as gold futures and paper gold investment.
Advantages: the role of gold preservation is very obvious.
Disadvantages: the price fluctuates greatly, and the risk of investment and financial management is also great, so it is necessary to be cautious when investing in gold.
I remind: investment is risky and you need to be cautious when entering the market.