2. Divide expenditure into fixed expenditure and non-fixed expenditure. Fixed expenses include monthly rent, utilities, entertainment expenses, insurance, etc. Non-fixed expenses refer to expenses that occur irregularly, such as buying gifts and traveling. Once the fixed expenditure is made, try not to change it easily, but you can find discounts on non-fixed expenditure to reduce the cost.
3. Divide the reserved emergency reserve fund into two parts, one part is used as emergency reserve fund for daily life, and the other part is stored regularly according to a certain investment plan, such as buying bank wealth management products and stocks, in order to cope with unexpected emergencies and large future expenditures.
4. Determine the financial plan, which requires comprehensive consideration of your salary level, living conditions and future financial planning. It is suggested to invest in a decentralized and low-cost way, such as index funds and long-term investment insurance. Through reasonable financial planning and correct investment strategy, gradually improve their financial situation, so as to achieve financial freedom.
5. Learn to accumulate financial knowledge, understand the characteristics and risks of various investment products in the financial market, and tap potential profit opportunities through various securities investments, financial instruments or physical investments.
6. We should not only strive to make money, but also choose the right financial management method and the right investment portfolio to preserve and increase the value, while maintaining the balance between monetary value and income. Ensure the relative safety and stability of investment return after capital investment.