I. Explanation of Nouns

1. Personal Finance

Answer: Personal finance, also known as financial planning, financial planning, personal financial planning, etc. Personal financial management refers to a set of personal (or family) assets formed by professional financial managers according to the individual's (or family's) stage life and investment objectives, according to the individual's (or family's) life and financial situation, and around the individual's (or family's) income and consumption level, expected goals, risk tolerance, psychological preferences, etc., with the principle of maximizing benefits, and at different stages of life (such as youth, middle age, etc.

2. Modigliani's life cycle theory

Answer: modigliani's life cycle theory is the most basic theory of personal finance. The goal of personal financial management is to make customers distribute wealth reasonably in the whole life process and maximize the utility of life.

Second, the judgment question

1. Financial management means making money, that is, investing to make money. ( )

Answer: Wrong.

2. Financial management is the business of the rich, and it is useless to the ordinary working class. ( )

Answer: Wrong.

3. The financial pyramid, at the bottom of the triangle, represents defense funds. ( )

Answer: Yes.

4. Personal finance mainly considers asset appreciation, so how is personal finance invested ()

Answer: Wrong.

5. The process of converting final value into present value is called "discount". ( )

Answer: Yes.

6. The calculation of compound interest is to take the sum of the principal and interest at the end of the previous period as the principal of the next period, and the principal amount of each period is the same when calculating. ( )

Answer: Wrong.

7. The format of individual balance sheet is exactly the same as that of company balance sheet ()

Answer: Wrong.

Third, multiple choice questions

1. Professional service activities such as financial analysis, financial planning, investment consultancy and asset management for individual customers refer to ().

A. Personal financial services

B. Investment planning

C. Integrated financial services

D. private banks

A: A.

2. The basic principle of portfolio decision-making is ()

A. Maximizing the rate of return

B. Minimizing risks

C. Maximizing the expected benefits

D. Minimize investment risk under the condition of given expected return.

Answer: b

3. The following financial goals belong to the short-term goal is ()

A. Children's education savings

B. mortgage to buy a house

C. Retirement

D. holidays

Answer: d

4. Which of the following options does not belong to the content of personal financial planning? ( )

A. Education investment planning

B. Health planning

C. Retirement planning

D. Housing planning

Answer: b

5. The standard personal financial planning process includes the following steps:

First, collect customer information and personal financial goals

Two. Strategic integration of comprehensive financial planning

Roman numeral 3. Establishment of customer relationship

Four. Analyze the current financial situation of customers.

Propose a financial plan

Intransitive verbs implement and monitor financial plans.

The correct order should be ().

A. One, three, six, five, four, two

B. three, one, four, five, six, two

C. Three, five, two, one, six, four

D. three, one, four, two, five, six

Answer: d

6. The difference between simple interest and compound interest lies in ().

A the interest period of simple interest is always one year, and compound interest may be quarterly, monthly and daily.

B monetary income calculated by simple interest has no present value and final value, while compound interest has present value and final value.

C simple interest belongs to the nominal interest rate, and compound interest is the real interest rate.

D simple interest is only calculated according to the original amount, and compound interest is calculated according to the principal and interest.

Answer: d

7. The following domestic institutions cannot provide financial services is ()

A. Fund companies

B. Insurance companies

C. trust companies

D. Law firm

Answer: d

8. A basic principle of setting personal financial goals is to take () as a financial goal that must be achieved.

A. Personal risk management

B. Long-term investment objectives

C. Reserve cash reserves

D. Short-term investment objectives

Answer: c

Fourth, the calculation problem

Suppose the bank deposit interest rate is 5%, and you save 654.38+million yuan in 30 years as the future retirement living expenses. Try to use simple interest and compound interest to calculate how much money you can withdraw when the deposit expires.

Answer: Simple interest = principal ×( 1+ interest rate * years) =10000 * (1+5% * 30) = 25000.

Compound interest = principal ×( 1+ interest rate) annual power = 10000*( 1+5%)30=

Verb (abbreviation of verb) analysis problem

Personal financial planning

Everyone has their own views on money and financial management. Some people think that the ultimate goal of making money is consumption, so there is almost no deposit. Others are well aware of the needs of planning, saving and investment because of their family status or age.

After establishing a personal financial plan, the next step should be effective fund management. Only by setting goals can people set short-term and long-term goals. Clear goals can also prevent various financial planning traps.

Perhaps you have realized that people of different ages apply different financial planning activities. People around the age of 30 may have to pay a lot of money and must serve long-term financial security. People over 50 need to re-evaluate their retirement investment, and then start thinking about their later life and inheritance.

1. Please talk about the main contents and principles of personal finance.

Answer: The main content of personal finance: Personal finance is a process of managing personal (or family's) financial resources reasonably by making financial plans, including personal bank financing, personal securities financing, personal insurance financing, personal foreign exchange financing, personal trust financing, personal real estate investment, personal education investment, personal retirement investment, personal art investment and personal financial tax planning.

Principles of personal finance: four basic principles: legality, safety, profitability and liquidity.

Teaching students in accordance with their aptitude, lifelong financial management, happy financial management and improving their quality.

2. What are the personal financial planning mistakes people often make?

A: A: People often make personal financial planning mistakes:

1. Frugality can make money

2. Financial management is the patent of the rich and high-income families.

3. Financial management is speculation.

Only putting money in the bank is financial management.

3. How does goal setting help people achieve long-term financial security? Many young people think that financial management is a matter for middle-aged or rich people, and it is not too late to manage money in old age. Is this correct? Please provide a justification for the answer.

A: A: This view is wrong.

Because the key factor affecting future wealth is the return on investment and the length of time, not the amount of funds, according to modigliani's life cycle theory, the goal of personal financial management is to let customers distribute wealth reasonably throughout their life and maximize the utility of life, so it is wrong to think that financial management is a matter for middle-aged or rich people, and it is not too late to manage money in old age.

4. What factors must be considered in personal financial planning?

Answer: 1. Considering the personal information of customers, micro-factors can be divided into financial information and non-financial information.

2. Considering the macro-economic information and macro-factors, it can be divided into macro-economic conditions, macro-economic policies, financial markets, personal tax system, social security system, national education, housing, medical care and other systems that affect individual or family financial arrangements and their reform direction.

5. Draw a family balance sheet and a family cash flow statement for yourself (please refer to the textbook P246 for the format), and make a simple personal financial plan accordingly.

Monthly income and expenditure

Income status and expenditure status

My income and basic living expenses

Spouse income and other expenses

Total income and total expenditure

balance

Household assets and liabilities

Household assets and household liabilities

cash

time deposit

House/building property

Total assets and total liabilities

Net value of property

Personal financial management homework II

I. Explanation of Nouns

1. stock

A: Stock is a kind of securities, which is a certificate issued by a joint-stock company to investors publicly or privately when raising capital to prove the identity and rights of investors and to enjoy rights and assume obligations according to the number of shares held by the holders.

2. Open fund

A: An open-end fund is a form of financial management in which you and other investors concentrate their money in one account and invite a professional fund management company to manage it for you.

3. Closed-end funds

A: Closed-end fund refers to the total amount of fund shares limited by the fund sponsors when they set up the fund. After raising the total amount, the fund will be declared closed and will not accept new investments for a certain period of time.

4. National debt

A: National debt, also known as national debt, is a creditor-debtor relationship formed by the state on the basis of its credit and in accordance with the general principles of debt.

Second, the judgment question

1. An investment tool, the higher the security, the higher the income. ( )

Answer: Wrong.

2. A bond is a written certificate issued by a shareholder to the company, which undertakes the obligation to repay the principal and interest at the agreed time. ( )

Answer: Wrong.

3. Stock is a kind of securities issued by a joint stock limited company to prove the identity and rights of investors and obtain dividends and bonuses. ( )

Answer: Yes.

Like bonds, stocks can be repaid. ( )

Answer: Wrong.

5. Both bonds and stocks are issued by the government. ( )

Answer: Wrong.

6. National debt is also called "Phnom Penh bond" because of its high credit. ( )

Answer: Yes.

7. The principle of utmost good faith is only a requirement for the insured and is not binding on the insurer. ( )

Answer: Wrong.

Generally speaking, insurance pays more attention to protection than investment appreciation. ( )

Answer: Yes.

9.b shares are common shares listed overseas (), denominated in foreign currency, subscribed and traded in foreign currency.

Answer: Wrong.

10. Securities investment fund is a kind of collective securities investment mode with income * * risk * *. ( )

Answer: Yes.

1 1. The nature of a bond is a certificate of ownership, which reflects the creditor-debtor relationship between fundraisers and investors. ( )

Answer: Wrong.

Third, multiple choice questions

1. The capital market is characterized by ().

A. high risk and high return.

B. high income and high security.

C. low liquidity and low risk.

D. low risk and low safety.

A: A.

2. The total amount of fund shares is not fixed, and the fund that can purchase or redeem fund shares at the time and place agreed in the fund contract is ().

A. Contract funds

B. Corporate funds

C. Closed-end funds

D. Open-end funds

Answer: d

3. About the characteristics of bonds, the following statement is wrong ().

A. Bonds are relatively stable investment and wealth management products.

B. the risk of bonds is always lower than that of stocks.

C. The bond investment risk is low and the return is relatively fixed.

D. Compared with cash deposits, bonds have higher returns.

Answer: b

4. The risk that the bond issuer cannot repay the principal and interest according to the agreed time limit and amount is called ().

A. Market risk

B. Systemic risks

C. operational risks

D. Risk of default

Answer: d

5. About the risk of fund investment, the following statement is wrong ().

A. The risk of the fund refers to the possibility that the purchase fund will suffer losses.

B. the risk of the fund depends on the operation of the fund assets.

C. the fund's non-systematic risk is zero.

D. the fund's asset operation cannot eliminate risks.

Answer: c

6. Which of the following wealth management products cannot be used for capital preservation ().

A. National debt

B. Stock market funds

C. money market funds

D. central bank bills

Answer: b

7. The following four investment tools, the lowest risk is ().

A. Guarantee company bonds

B. Treasury bills

C. The future

D. Balanced Fund

Answer: b

8. Among the following investment tools, the one that does not belong to the fixed income investment tool is ().

A. Bank deposits

B. Common stock

C. Corporate bonds

D. preferred stock

Answer: b

9. The classification standard of closed-end investment funds and open-end investment funds is ().

A. According to the organizational form of investment funds

B. according to whether the investment fund can be redeemed

C. According to the investment object of the investment fund

D. according to the risk of investment funds

Answer: b

10. The fund whose basic goal is to pursue long-term appreciation and profitability of assets is ().

A. income-based funds

B. Balancing funds

C. growth fund

D. None of the above

Answer: c

1 1. A bond represents the rights of its investors, which is called ().

A. Ownership of assets

B. Right to use funds

C. Right to control property

D. Creditor's rights

Answer: d

12. Among the following investment tools, the least risky is ().

A. National debt

B. stocks

C. Corporate bonds

D. the future

A: A.

13. Which of the following does not belong to the characteristics of national debt investment? ( )

A. High security

B. Duty-free treatment

C. Strong liquidity

D. High rate of return

Answer: d

14. The following statement about bonds and stocks is wrong ()

A. Interaction of returns

B. They are all securities.

C. They are all means of financing

D. there is a prescribed repayment period.

Answer: d

15. Securities investment funds reflect a kind of () between investors and fund managers.

A. Creditor's rights relationship

B. Ownership relationship

C. comprehensive rights relations

D. Principal-agent relationship

Answer: d

Fourth, multiple choice questions

1. Securities investment funds can be divided into () according to different underlying assets.

A. Equity funds

B. Bond funds

C. money market funds

D. income-based funds

E. Balancing funds

F. Growth fund

Answer: ABC

2. Compared with stock investment, the advantage of bond investment is ()

A. High return on investment

B. The headmaster has high security.

C. Low investment risk

D. Good market liquidity

Answer: BC

3. The priority of preferred stock is mainly manifested in ()

A. stock options

B. Distribution of surplus assets

C. Distribution of company income

D. Voting rights in company operation

Answer: BC

4. The rights enjoyed by ordinary shareholders are mainly ()

A. the right to participate in major decisions of the company

B. Distribution right of company surplus and surplus assets

C. Choose a manager

D. Other rights

Answer: ABD

5. Bonds can be divided into () according to different issuers.

A. Government bonds

B. National debt

C. financial bonds

D. Corporate bonds

Answer: ACD

Verb (abbreviation of verb) calculation problem

It is known that the original deposit of commercial banks is 5000 yuan, of which the deposit reserve ratio is 10%. The withdrawal rate is 5%, and the excess reserve ratio is 5%. Calculate the deposit expansion multiple, total deposits and derivative deposits respectively.

Answer: deposit expansion multiple = 1/ (statutory deposit reserve+cash leakage rate+excess reserve ratio)

= 1/( 10%+5%+5%)= 1/20%=5

Total deposit = original deposit * deposit expansion multiple =5000*5=25000.

Derived deposit = total deposit-original deposit = 25000-5000 = 20000.

A case study of intransitive verbs

Mr. Wang is 49 years old and works as an accountant in a large state-owned enterprise. The annual income includes salary, bonus and welfare about150,000 RMB. Most of the salary is kept in the cash account. Mrs. Wang is 47 years old. As early as five years ago, she bought out the length of service from her original unit without any medical care and old-age security. Now a private company is working as an office, and the monthly salary is about 1500 yuan. My daughter's academic performance is average, and she plans to send her abroad to go to college. The Wangs' property is mainly a three-bedroom apartment allocated by the unit a few years ago. According to the current market value, the estimated value is about 500 thousand. Most financial assets are bank time deposits, about 600,000 RMB and 20,000 US dollars in foreign exchange deposits, mainly time deposits. In terms of real estate, Mr. Wang bought two sets of small-sized second-hand houses with a total price of 500 thousand at that time, which are currently being rented out, bringing 6% income every year, about 30 thousand yuan. Please make a simple financial planning for it.

Answer: 1. Reserve cash15,000 yuan, including 5,000 yuan for credit card and 3-month fixed deposit in bank10,000 yuan.

2. Buy accident insurance for Mr. Wang's family, critical illness insurance for Mr. Wang, and social security for Mrs. Wang and her daughter.

3. The age of Mr. Wang's daughter is not given, but Mr. Wang and his wife are both in their forties, and their daughter has not gone to college. It should be about 15 years old. The cost of going abroad to go to college is about 40%, which can be paid from the bank time deposit. At present, there are still three years to go to college. It is suggested that this part of the money be deposited in a bank time deposit for three years.

4. The rental income of two second-hand houses can be invested in the fund to prepare for the future pension.

5. There is RMB 200,000 left in the bank deposit, RMB 654.38+million can be invested in the stock market, and RMB 654.38+million can be purchased for income-oriented commercial insurance, such as dividend insurance and universal insurance.

Seven. Comprehensive case analysis

(1) Mr. Lu, aged 28, works as a senior employee in an import and export trading company, with a monthly pre-tax income of 9,000 yuan. Mr. Lu's wife, Ms. Huang, is 27 years old and works as a clerk in a foreign-funded enterprise. Her monthly income before tax is 5 500 yuan. They have a 3-year-old daughter who is attending kindergarten. Mr. and Mrs. Lu just bought a 600,000 house with a total loan of 400,000 and a loan interest rate of 5.5%, which will be paid off in 20 years. They have just paid the same amount of principal and interest for one month. At present, Mr. Lu's deposit in the bank is 654.38 million yuan, of which the bank interest is about 1. 2 million yuan (after tax). Because Mr. Lu thinks that investing in stocks is risky, so Mr. Lu only has one bond fund with a total value of 50,000 yuan, of which the income is 2 100 yuan. Mr. Lu has no other investment.

In order to meet the daily expenses, Mr. Lu has always had 3000 yuan in cash at home. In addition to the monthly mortgage, Mr. Lu's family's monthly living expenses are maintained at around 3,000 500 yuan. Last year, Mr. Lu's family spent 6000 yuan on a trip, with no extra expenses. Because the unit where Mr. and Mrs. Lu work provides them with the necessary social security, they have not formed enough understanding of buying commercial insurance. Considering that children's education is an important expenditure in the future, Teacher Lu decided to reserve education funds for children in a regular and fixed way from now on.

1. The direct basis for preparing a customer's balance sheet is usually ().

A. customer statements and meeting minutes

B. Customer registration form

C. Statement of customer cash flow

D. Customer data questionnaire

Answer: d

2. The customer's balance sheet reflects the basic situation of the customer's personal assets and liabilities ().

A. A certain period of time

B. Last year

C. At the end of the previous year

D. At a certain point in time

Answer: d

3. The column of "Subtotal of Cash and Cash Equivalent" in Mr. Lu's balance sheet should be ().

103000

b . 153000

c . 100000

3,000 dinars

A: A.

4. The column of "Subtotal of Other Financial Assets" in Mr. Lu's balance sheet should be ().

a . 150000

50,000 Brunei dollars

c . 100000

500 thousand dinars

Answer: b

5. The value of "net assets" in Mr. Lu's family balance sheet is about ().

380,000 dollars

3 10000

About 350,000 pounds

D.330000

Answer: c

6. Ms. Huang's annual after-tax wage income should be ().

52334 yuan

50,392 yuan

59,040 yuan

D. 6 1.20 million yuan

Answer: d

7. () As a financial product, it is most suitable for cash management.

A. Time deposit

B. money market funds

C. Investment dividend insurance

D. Fund trust products

Answer: b

8. Comprehensive consideration, the following problems in Mr. Lu's family should be solved first ().

A. Insufficient financial input

B. The daily cash reserve is too large

C. Improper choice of loan repayment method

D. Insufficient expenditure on risk management

Answer: d

9. () As a financial management tool, it is most suitable for children's education fund reserves.

A. crude oil futures

B. Demand deposit

C. Balancing funds

D. growth stocks

Answer: c

10. Regarding Mr. Lu's family insurance plan, the wrong statement is ().

A. Mr. Lu's coverage should be the largest.

B. children should have priority in buying insurance.

C. Mr. Lu should comprehensively consider the buyer's life insurance, accident insurance and health insurance.

D. you can't ignore commercial insurance just because you have participated in social security.

Answer: b

(2) Mr. Wang's experience is worth learning.

Mr. Wang is 32 years old. After graduating from college, he worked in a state-owned enterprise in his hometown. His monthly income is 1200 yuan. Although it is not high, it is very stable. From 65438 to 0994, he gave up his "iron rice bowl" and came to Shanghai to do business in a trading company. Because of his work, he first came into contact with futures investment. After his parents invested 50,000 yuan in principal, Mr. Wang earned 600,000 yuan by speculating in futures for only half a year. During this period, he got married and had children. After the child was born, his assets reached 800,000 yuan. He has more and more confidence in himself, and plans to stop work for 2 million yuan and invest in industry.

Unfortunately, it backfired, and once the market plummeted, Mr. Wang's assets not only evaporated by 600,000 yuan in two months, but also lost all the principal three months later, owing more than 654.38+10,000 yuan in debt. Mr. Wang had to stop, bite his teeth and save money to pay off his debts. Just after paying off the debt, the economic burden has increased again. My wife was admitted to graduate school last year, and the annual tuition fee is about 20 thousand. The child has already gone to primary school, and the annual cost is about 10 thousand yuan.

Now Mr. Wang goes to Shanghai to apply for a job, earning 8,000 yuan a month. In addition to the monthly 300 yuan allowance given by the school, my wife usually does some part-time jobs, and her monthly income is about 1500 yuan ~ 2000 yuan. They have no savings now, and their monthly rent is 1.200 yuan, and their food, accommodation and shopping expenses are about 1.500 yuan. Mr. Wang's registered permanent residence is still in his hometown, and he only participated in basic social security.

They can save about 5,000 yuan a month, and they have no other investments except current deposits. Mr. Wang is not interested in stocks and futures now. He really hopes that when he has money, someone can give him some financial advice, so that he won't have accomplished almost nothing until now without a car, a house and a hukou. His greatest hope is to buy a house in Shanghai, and his wife will be able to settle down after graduation in two and a half years.

(1) Please analyze Mr. Wang's previous financial mistakes.

(2) Please make a financial plan for Mr. Wang's future life.

(3) Please summarize the advantages and disadvantages of personal banking wealth management products, personal securities wealth management products and personal insurance wealth management products. What are the implications for our financial planning?

Answer: A: 1. Mr. Wang's previous financial failures: First, he did not make a stop loss; Second, we have not diversified our investments.

2. Financial planning suggestions:

1. Set aside five-month living expenses in cash 13000 yuan, of which 10000 yuan is used for three-month time deposit in the bank and 3000 yuan is used for credit card.

Second, buy accident insurance and critical illness insurance for Mr. Wang.

Third, handle accident insurance and basic social security insurance for Mrs. Wang and her children.

Fourth, to prepare for future children's college education and pension, a fund of 1 000 yuan is fixed every month.

Fifth, Mr. Wang's current economic conditions and his desire to buy a house in Shanghai two and a half years later cannot be realized.

3. Enlightenment from financial planning:

First, the income and risk of each product are different, and the risk should be dispersed through portfolio investment.

Second, any wealth management product has risks.

Personal finance operation 3

I. Explanation of Nouns

1. Personal financial marketing

Answer: Personal financial marketing refers to the process that financial planners take customers as the center, take meeting customers' needs and desires as their own responsibility, gain customers' recognition, acceptance and consumption of their products and services with comprehensive marketing strategies, win customers' satisfaction through quality services, and thus achieve their business goals.

2. Tax payment plan

Answer: Tax planning refers to a series of planning activities to achieve the purpose of paying less taxes and delaying taxes by arranging tax-related matters such as business activities or investment activities of taxpayers (legal persons or natural persons) in advance without violating laws and regulations (tax laws and other relevant laws and regulations).

Second, the judgment question

1. Tax avoidance means not paying tax after receiving the tax bill. ( )

Answer: Wrong.

2. Financial planning is a high-tech industry, and service attitude will not directly affect the level of financial services ()

Answer: Wrong.

3. Personal tax planning is an important part of personal financial planning, which is before the tax obligation occurs.

Within the scope permitted by law, choose the one with low tax burden. ( )

Answer: Yes.

4. China does not levy individual income tax on income obtained by residents from abroad. ( )

Answer: Wrong.

5. The wealth management account manager needs to know all kinds of information when communicating with customers ()

Answer: Yes.

6. When communicating with customers, the wealth management account manager should directly cut into the subject, and the topic should not involve too much personal or family problems of customers. ( )

Answer: Wrong.

7. When communicating with export-oriented customers, be enthusiastic, listen more, establish informal relationships and avoid indifference. ( )

Answer: Yes.

Third, multiple choice questions

1. The first step of financial consulting business is ().

A. determine the customer's financial goals

B. Analysis of asset management objectives

C. Risk analysis

D. Basic data collection

Answer: d

2. The following items belong to current assets in personal balance sheet ()

A. Time deposit

B. Real estate

C. stocks

D. combination

A: A.

3. The financial statement describing personal cash income and expenditure in the past period of time is ().

A. Balance sheet

B. Income statement

C. Statement of cash flows

D. Cost schedule

Answer: c

4. Methods of collecting personal information of customers, excluding ():

A. Fill in the registration form

B. Talk to customers

C. Ask the third person

D. use a psychological test questionnaire.

Answer: c

5. The improper understanding of customer rejection is ()

A. refusal is a habitual action of customers.

B. The reason for the customer's refusal may be psychological concerns.

C. customers' refusal behavior can also provide meaningful tips for practitioners.

D. if the customer refuses, the employee will have no room for manoeuvre.

Answer: d

6. Belong to reflect the financial situation of individuals/families at a certain point in time is ()

A. Balance sheet

B. Income statement

C. Statement of cash flows

D. profit distribution statement

A: A.

7. When customers have doubts about the risks of wealth management products, and further explore with employees, employees should answer customers' questions based on the principle of ().

A. Maximizing the interests of banks

B. Honesty and credit

C. Frank and sincere

D. Don't hide it

Answer: b

8. China's individual income tax law stipulates that the income from wages and salaries is the taxable income after deducting expenses () from monthly income.

A.800 yuan

1500 yuan

1600 yuan

2000 yuan

Answer: d

9. China's "Individual Income Tax Law" stipulates that the income from labor remuneration is subject to the proportional tax rate, and the tax rate is ().

A: 20%

B. meet all the needs of all customers who complain.