1. What is financial management?

The definition of financial management is the management of finance, including property and debt, in order to achieve the purpose of financial preservation or appreciation. For personal finance, it can be roughly divided into personal asset finance such as funds, stocks, bonds, deposits, insurance, precious metals, etc., and personal liabilities, including personal housing mortgage loans and personal consumer credit. Financial management is not only cash flow management at this stage, but also includes risk management factors.

second, how to manage money:

first of all, we should analyze personal assets, set financial goals, make clear the types of risks, and then make reasonable asset allocation to manage money. Financial management also needs to be studied. For beginners, it is not recommended to get in touch with high-risk financial management, such as stocks, futures and crude oil, without understanding financial management. We can start with those financial products that are low-risk, easy to operate and usually don't take too long to operate, such as money funds such as Yu 'ebao and Licaitong.

it should be noted that financial management should not be blind, and it should be based on one's own economic situation. You need to know the basic financial products, that is, where your money is invested, and know the types of related financial products, whether they are bond investments or equity investments. And the size of the risk, whether it is within its own risk tolerance.

wealth management can be conducted on the lufax platform, and the members of the lufax team are composed of professionals in the fields of global professional financial institutions, legal industry, economic research and e-commerce, ensuring international professional standards.