Financial management should be done as early as possible, leaving a way out for yourself and increasing your ability to resist risks.

When it comes to financial management, many people equate it with investment, but it is not. Investment is only part of financial management. Financial management is actually managing life. It is sorting out the current finances and planning the future.

I have four suggestions about financial management.

First, know your own consumption and save a little more money every month.

Save as much money as possible every month. After all, money is really important. And saving money must proceed from your own actual situation, otherwise it will be difficult to stick to it.

Think about it. If your monthly salary is only 3,000 yuan, you need to pay for utilities, rent and other necessary expenses 1500 yuan. You are really frugal, so it is unrealistic for you to force yourself to save 2000 yuan every month.

You can try to keep accounts on a monthly basis first. Of course, it must be analyzed. If you just do a running account, it doesn't mean much. After calculating the account, you should analyze where you spend your money every month and where you spend more, so that you can save it.

For example, if you already have many pairs of shoes, you'd better buy them yourself. For example, drink a cup of milk tea after every meal. Although it seems that the money is less, it adds up again and again.

After analyzing the accounting results, I will make a budget for next month. Deduct the budget money as soon as the salary arrives, and the rest can be saved immediately, which can prevent me from buying it at buy buy to some extent.

Don't make the budget too tight. For example, if you figure out that you need to spend 1500 yuan every month, then you can reserve more 200 yuan, which is more flexible and easier to stick to.

Second, develop sideline business, increase income and increase confidence in life.

In real life, no job is a real iron rice bowl, and no one can guarantee that he will not be fired or unable to work because of some accidents.

Plan your life. B. On the basis of your main business, add icing on the cake and add an extra layer of insurance to your life and career.

Moreover, as we said before, it is difficult to guarantee a living on a salary alone, and we must find ways to increase our income. Sideline is one of the good ways.

Speaking of this, many friends may have to ask, so what is a sideline? The book Qian Qian the Dog mentioned such a suggestion: Think about what you can do and what others need.

If you really can't think of anything to do, you can try writing. The writing threshold is low, but the income is huge. In addition to earning contributions, you can also build a personal brand through writing, do paid courses for knowledge, publish books and so on.

However, we must stick to the correct method in everything, and it is impossible to get rich overnight. It needs to be down-to-earth and step by step.

Third, learn at least one investment method.

Learning to invest is really important. It is a good opportunity for ordinary people to turn over. Learn to invest. By investing, your wealth will accumulate faster and faster. I suggest you learn at least one investment method, such as the fixed investment of the fund.

If you can get an investment fund of 286 yuan every month, the annualized income will reach 12%, and you will have one million in 30 years. And this method, for most people, is very easy, more than 200 yuan, just squeeze it.

Some people will say that the investment risk is too high, and I am afraid. In fact, a large part of the reason for fear is that you don't study systematically. You don't know such a thing, so you have no confidence. This also better illustrates the importance of learning investment.

Fourth, improve the insurance allocation.

When it comes to financial management, many people think of investing in stocks, funds and so on, but ignore the importance of insurance.

According to statistics, 40% of poor families in China are poor due to illness. There are too many cases of returning to poverty overnight because of serious illness.

I am watching Born for the Sun these days. There is a little girl in the play. Because of the brain tumor, the family's financial resources were hollowed out. Her father can't borrow it and has no money to pay the rent. In desperation, the father bought temporary insurance drugs for his daughter through illegal channels.

What's more difficult is that because my sister-in-law Liangma is pregnant with a second child, there will be more places to need money in the future. On balance, they gave up the treatment of their sister-in-law

Lang Xianping said: A serious illness can often destroy a middle-class family.

Insurance is very important. In addition to social security, commercial insurance must be provided if conditions permit. Because of insurance, we can transfer the risks that individuals can't afford to the whole society through a certain degree of risk transfer.