For wage earners, there are two main sources of income-work income and wealth management income. Once you have the capital for financial management, you can't just rely on work income. You should gradually increase the proportion of wealth management income in total income. Start financial management as soon as possible, and you will have the opportunity to retire early and enjoy life. The following "financial equation" can give you some inspiration: financial equation =50% steady defense +25% steady attack +25% storm. As for the storm part, it is the most exciting part of investment and financial management, such as growth stocks, stock funds, futures and so on. This will not only make people earn 10% a month, but also lose 10% a month. Investing in these high-risk and high-yield wealth management products must have a fairly high threshold of knowledge and experience. For wage earners who are not good at investing, it is best to start slowly and steadily. After gaining certain investment experience and profound skills, they will join the storm clan and pursue higher returns.
It should be pointed out that the offensive and defensive ratio of the "financial equation" can be flexibly adjusted, which mainly depends on the individual's risk tolerance and financial objectives. If you can take certain risks and have no big capital expenditure plan in the short term, you can increase the proportion of the storm, but it is recommended that this part should not exceed 50%. For conservative investors, we can increase the proportion of sound defense and reduce the proportion of storm.