The question of how to manage money is very big. We might as well start from being familiar with financial management tools. Every investment tool and hedging tool has its advantages and disadvantages. Let's talk about these family financial management tools in detail. Stocks: You may get higher risk investment income, and you can get long-term, stable and high investment income, which is easy to cash out; However, it needs to face investment risks, policy risks and information asymmetry. Securities investment funds: portfolio investment, risk diversification, expert financial management, and convenient cash withdrawal; However, the risk hedging mechanism has not yet been established, and some fund companies value speculation over investment, lacking basic integrity. Gold and investment coins: the most trustworthy and long-term wealth, one of the best weapons against inflation, and easy to cash out; However, if there is no hedge, the physicochemical characteristics are too obvious. Bonds: the income is higher than that of the same bank in the same period, and the risk is small; However, the rate of return on investment is low, and the investment risk of long-term fixed-rate bonds is high. Deposits in financial institutions: the strongest security; But the rate of return is too low and the response to inflation is too weak. Foreign exchange: avoid the devaluation of a single currency and the risk of devaluation of exchange rate fluctuations, and make profits in trading; However, RMB has not been freely convertible, and ordinary citizens can't use it as a risk hedging tool or venture capital tool for the time being. Real estate: avoid the risk of inflation and make use of the time value and use value of real estate to make profits; But it also needs to face investment risks, policy risks and operational risks. Life insurance products: less payment, greater protection, "four to two"; However, it faces the risk of loss of insurance in the middle. Life insurance savings products: strengthen the hedging mechanism in the family economy and have strong personalization; However, its predetermined interest rate has always fluctuated with the bank interest rate. Life insurance investment-oriented (dividend-paying) products: they have the function of saving, may get a higher return on investment, have certain security and avoid taxes reasonably; However, the early profit is not high, and surrender during the payment period will suffer economic losses. Family property insurance: spend less money to get greater property protection; However, it is divorced from the diversified needs of modern families for property insurance. Investment-linked insurance: it is possible to obtain high return on investment, certain insurance protection, reasonable tax avoidance and expert service; However, there is a high investment risk, and the early investment income is not high. Gold and silver commemorative coins: have their own value and artistic value, and have a small circulation; But the investment cost is high and cyclical. Circulation commemorative metal coins: with strong artistic expression and high appreciation value, small circulation and easy collection; However, it has the characteristics of periodic market and is not convenient to carry in batches. Renminbi conjoined notes: strange and novel, with small circulation and stable self-value; However, the ups and downs are also cyclical, which is not convenient for large transactions. Stamps: making money in a relaxed and intelligent environment of zero deposit and lump sum withdrawal; However, the long cold and short hot market cycle and the wavering issuance policy make the risk greater. Calligraphy and painting: it is an investment in excellent calligraphers and painters, flexible and convenient; However, the industry is heavy and the investment risk is high, so it is difficult to cash out in time. Antique: it can beautify life and make a profit by investing; However, it is difficult to get into the business and cash out. Lottery: small and broad, financial management in leisure and entertainment; However, addiction obsession eventually led to a heavy blow to the family economy. Option: finite risk's unlimited profit potential, hedging investment risks and locking in costs; However, the product is complex, difficult to control and has investment risks.

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